2020

2019

£

£

Cash flow from operating activities

(Loss) after taxation

(1,022,898)

(2,296,422)

Depreciation

902

740

Decrease in inventory

1,303,640

3,494,598

Decrease in receivables

49,783

2,752

Increase in payables

106,601

47,948

Interest payable and similar charges

118,177

145,434

Net cash outflow from operating activities

556,215

1,395,050

Investing activities

Purchase of tangible fixed assets

(986)

0

(986)

Taxation

0

(291,045)

Financing activities

Issue of shares

212,900

0

New loan borrowings

1,479,373

0

Repaid loan borrowings

(2,502,462)

(606,048)

Related party new loan borrowing

778,408

320,000

Related party loan repayment

0

(794,715)

Repayment of other borrowings

(400,000)

(120,000)

Interest paid

(128,279)

(328,651)

Net cash (outflow) inflow from financing

(560,060)

(1,529,414)

(Decrease) in cash and cash equivalents in the year

(4,831)

(425,409)

Cash and cash equivalents at the beginning of the year

32,800

458,209

Cash and cash equivalents at the end of the year

27,969

32,800