CONSOLIDATED STATEMENT OF FINANCIAL POSITION for the year ended 31 March 2025
|
|
|
31 March 2025 |
31 March 2024 |
|
|
note |
£ |
£ |
|
TOTAL ASSETS |
|
|
|
|
Non- |
|
|
|
|
Plant and equipment |
480 |
640 |
|
|
|
|
480 |
640 |
|
Current assets |
|
|
|
|
Inventory |
1,310,069 |
775,374 |
|
|
Investment properties |
0 |
0 |
|
|
Trade and other receivables |
65,350 |
79,576 |
|
|
Cash and cash equivalents |
27,429 |
8,906 |
|
|
|
|
1,402,848 |
863,856 |
|
Total assets |
|
1,403,328 |
864,496 |
|
|
|
|
|
|
EQUITIES & LIABILITIES |
|
|
|
|
Current Liabilities |
|
|
|
|
Trade and other payables |
348,099 |
285,614 |
|
|
Borrowings |
966,250 |
0 |
|
|
|
|
1,314,349 |
285,614 |
|
|
|
|
|
|
Non- |
|
|
|
|
Deferred tax |
0 |
0 |
|
|
Borrowings |
3,226,541 |
3,415,728 |
|
|
|
|
3,226,541 |
3,415,728 |
|
Total liabilities |
|
4,540,890 |
3,701,342 |
|
|
|
|
|
|
Net liabilities |
|
(3,137,562) |
(2,836,846) |
|
|
|
|
|
|
|
|
|
|
|
Called up share |
3,260,025 |
3,237,400 |
|
|
Share premium |
4,213,165 |
4,136,240 |
|
|
Reverse acquisition reserve |
|
(2,817,633) |
(2,817,633) |
|
Loan note equity reserve |
0 |
0 |
|
|
Capital contribution reserve |
400,147 |
400,147 |
|
|
Profit & loss account |
|
(8,193,266) |
(7,793,000) |
|
Total Equity |
|
(3,137,562) |
(2,836,846) |
|
Total Equity & Liabilities |
|
1,403,328 |
864,496 |
These financial statements were approved by the Board of Directors and authorised for issue on 21 October 2025 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 2025