CONSOLIDATED STATEMENT OF FINANCIAL POSITION for the year ended 31 March 2023
|
|
|
31 March 2023 |
31 March 2022 |
|
|
note |
£ |
£ |
|
TOTAL ASSETS |
|
|
|
|
Non- |
|
|
|
|
Plant and equipment |
25,853 |
1,137 |
|
|
|
|
25.853 |
1,137 |
|
Current assets |
|
|
|
|
Inventory |
317,796 |
25,657 |
|
|
Investment properties |
927,249 |
1,712,000 |
|
|
Trade and other receivables |
34,033 |
40,500 |
|
|
Cash and cash equivalents |
17,148 |
12,753 |
|
|
|
|
1,296,226 |
1,790,910 |
|
Total assets |
|
1,322,079 |
1,792,047 |
|
|
|
|
|
|
Equities and Liabilities |
|
|
|
|
Trade and other payables |
222,863 |
370,233 |
|
|
Borrowings |
874,697 |
869,697 |
|
|
|
|
1,097,560 |
1,239,930 |
|
|
|
|
|
|
Non- |
|
|
|
|
Deferred tax |
0 |
0 |
|
|
Borrowings |
3,573,217 |
3,824,724 |
|
|
Total liabilities |
|
4,670,777 |
5,064,654 |
|
|
|
|
|
|
Net (liabilities)/assets |
|
(3,348,698) |
(3,272,607) |
|
|
|
|
|
|
|
|
|
|
|
Called up share |
2,860,150 |
2,726,817 |
|
|
Share premium |
3,484,915 |
3,250,249 |
|
|
Reverse acquisition reserve |
|
(2,817,633) |
(2,817,633) |
|
Loan note equity reserve |
107,204 |
30,303 |
|
|
Capital contribution reserve |
400,147 |
157,777 |
|
|
Profit & loss account |
|
(7,383,481) |
(6,620,120) |
|
Total Equity |
|
(7,348,698) |
(3,272,607) |
|
Total Equity & Liabilities |
|
1,322,079 |
1,792,047 |
These financial statements were approved by the Board of Directors and authorised for issue on 15 December, 2023 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 2023