2024

2023

£

£

Cash flow from operating activities

(Loss) after taxation

(516,723)

(843,626)

Depreciation

213

284

(Increase)  in inventory

(457,578)

(321,889)

Decrease/(Increase) in receivables

(45,543)

6,467

Increase in payables

62,751

95,001

Loss on disposal

0

12382

Inventory written-off

0

29,750

Property revaluation

0

122751

Loan note equity movement

(107,204)

157066

Impairment of plant and equipment

25,000

0

Interest payable and similar charges

129,333

123,848

Net cash outflow from operating activities

(909,751)

(617,966)

Investing activities

Disposal of investment property

927249

649618

Purchase of equipment

0

(25,000)

927249

624618

Financing activities

Issue of shares (net of costs)

1,028,575

368100

New loan borrowings

741,975

105116

Repaid loan borrowings

(1,066,530)

(270,191)

Related party new loan borrowing

264,100

188,153

Related party loan repayment

(971,731)

(259,752)

Repayment of other borrowings

0

(90,000)

Interest paid

(22,129)

(43,683)

Net cash (outflow) from financing

(25,740)

(2,257)

(Decrease)/Increase in cash and cash equivalents in the year

(8,242)

4,395

Cash and cash equivalents at the beginning of the year

17,148

12,753

Cash and cash equivalents at the end of the year

8,906

17,148