CONSOLIDATED STATEMENT OF FINANCIAL POSITION for the year ended 31 March 2022
|
|
|
31 March 2022 |
31 March 2021 |
|
|
note |
£ |
£ |
|
TOTAL ASSETS |
|
|
|
|
Non- |
|
|
|
|
Plant and equipment |
1,137 |
1,516 |
|
|
Investment property |
0 |
1,975,000 |
|
|
|
|
1137 |
1,976,516 |
|
Current assets |
|
|
|
|
Inventory |
25,657 |
78,608 |
|
|
Investment properties |
1,712,000 |
|
|
|
Trade and other receivables |
40,500 |
33,455 |
|
|
Cash and cash equivalents |
12,753 |
246,193 |
|
|
|
|
1,790,910 |
358,256 |
|
Total assets |
|
1,792,047 |
2,334,772 |
|
|
|
|
|
|
Equities and Liabilities |
|
|
|
|
Trade and other payables |
370,233 |
478,514 |
|
|
Borrowings |
869,697 |
0 |
|
|
|
|
1,239,930 |
478,514 |
|
|
|
|
|
|
Non- |
|
|
|
|
Deferred tax |
0 |
0 |
|
|
Borrowings |
3,824,724 |
4,818,488 |
|
|
Total liabilities |
|
5,064,654 |
5,297,002 |
|
|
|
|
|
|
Net (liabilities)/assets |
|
(3,272,607) |
(2,962,230) |
|
|
|
|
|
|
Equity attributable to equity holders of the company |
|
|
|
|
Called up share capital |
2,726,817 |
2,726,817 |
|
|
Share premium account |
3,250,249 |
3,250,249 |
|
|
Reverse acquisition reserve |
|
(2,817,633) |
(2,817,633) |
|
Loan note equity reserve |
30,303 |
71,074 |
|
|
Capital contribution reserve |
157,777 |
0 |
|
|
Profit & loss account |
|
(6,620,120) |
(6,192,737) |
|
Total Equity |
|
(3,272,607) |
(2,962,230) |
|
Total Equity & Liabilities |
|
1,792,047 |
2,334,772 |
The restated details are shown within prior year adjustment note 20, to the accounts and on the consolidated statement of changes in equity.
These financial statements were approved by the Board of Directors and authorised for issue on 27th September 2022 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 2022