2022

2021

£

£

Cash flow from operating activities

(Loss) after taxation

(486,336)

(329,194)

Depreciation

379

506

Decrease in inventory

52,954

1,134,084

(Increase)/Decrease in receivables

(7,045)

(8,844)

(Decrease)/Increase in payables

(53,958)

(70,290)

Loss on disposal

22500

-

Property revaluation

(112,000)

0

Loan note equity movement

58,953

0

Interest payable and similar charges

171,714

214,260

Net cash outflow from operating activities

(352,839)

940,522

Investing activities

Disposal (Purchase) of tangible fixed assets

352500

(599)

352500

(599)

Financing activities

Issue of shares

0

683137

New loan borrowings

0

51250

Repaid loan borrowings

0

(555,000)

Related party new loan borrowing

297,500

430,338

Related party loan repayment

(452,758)

(771,431)

Repayment of other borrowings

(9,583)

(490,000)

Interest paid

(68,260)

(69,993)

Net cash (outflow) from financing

(233,101)

(721,699)

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

(233,440)

218,224

Cash and cash equivalents at the beginning of the year

246,193

27,969

Cash and cash equivalents at the end of the year

12,753

246,193