CONSOLIDATED STATEMENT OF FINANCIAL POSITION for the year ended 31 March 2021
|
|
|
31 March 2021 |
31 March 2020 |
|
|
note |
£ |
£ |
|
TOTAL ASSETS |
|
|
|
|
Non- |
|
|
|
|
Plant and equipment |
1,516 |
1,423 |
|
|
Investment property |
1975000 |
1,975,000 |
|
|
|
|
1976516 |
1,976,423 |
|
Current assets |
|
|
|
|
Inventory |
78,608 |
1,212,692 |
|
|
Trade and other receivables |
33,455 |
42,299 |
|
|
Cash and cash equivalents |
246,193 |
27,969 |
|
|
|
|
358,256 |
1,282,960 |
|
Total assets |
|
2,334,772 |
3,259,383 |
|
|
|
|
|
|
Equities and Liabilities |
|
|
|
|
Trade and other payables |
478,514 |
548,804 |
|
|
Borrowings |
0 |
555,000 |
|
|
|
|
478,514 |
1,103,804 |
|
|
|
|
|
|
Non- |
|
|
|
|
Deferred tax |
0 |
0 |
|
|
Borrowings |
4,818,488 |
5,575,884 |
|
|
Total liabilities |
|
5,297,002 |
6,679,688 |
|
|
|
|
|
|
Net (liabilities)/assets |
|
2,962,230 |
3,420,305 |
|
|
|
|
|
|
Equity attributable to equity holders of the company |
|
|
|
|
Called up share capital |
2,726,817 |
2,633,067 |
|
|
Share premium account |
3,250,249 |
2,660,862 |
|
|
Reverse acquisition reserve |
|
(2,817,633) |
(2,817,633) |
|
Loan note equity reserve |
104,132 |
|
|
|
Profit & loss account |
|
(6,225,795) |
(5,896,601) |
|
Total Equity |
|
(2,962,230) |
(3,420,305) |
|
Total Equity & Liabilities |
|
2,334,772 |
3,259,383 |
These financial statements were approved by the Board of Directors and authorised for issue on 6th September 2021 and are signed on its behalf by:
P Treadaway
G Thorneycroft
The notes are an integral part of these consolidated financial statements.
Annual report & consolidated financial statements 2021
