Note

2013

2012

£

£

Cash flow from operating activities

Operating profit/(loss)

​559,732

103924

Depreciation charges

383

767

Decrease in stocks

​296,282

377068

Increase in debtors

(1,013,418)

(55,930)

Increase in creditors

​199,258

90933

Deemed cost of listing

​-

261575

Other income

​58,244

137858

Interest paid

​-

(33163)

Gain on disposal of Group company

(198,631)

​-

Net cash (outflow)/inflow from operating activities

(98,150)

883032

Investing activities

Purchase of tangible fixed assets

​-

(1,771)

Net cash used in investing activities

​-

(1,771)

Taxation

(3,402)

Financing activities

New loans / (loan repayments) in year (net)

​485,575

(567,153)

Share issue costs

​-

(20,500)

Amount introduced/(withdrawn) by directors

(543,521)

(11,853)

Net cash outflow from financing

(57,946)

(599,506)

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

(159,498)

281755

Cash and cash equivalents at the beginning of the year

​553,420

271665

Cash and cash equivalents at the end of the year

​393,922

553420