Note

2012

2012

£

£

Net cash outflow from operating activities

1

(63,735)

(377,975)

Capital expenditure and financial investment

2

0

(2,323,138)

(63,735)

(2,701,113)

Financing

2

​46,287

2718616

(Decrease) / increase in cash in the year

(17,448)

17503

Reconciliation of net cash flow

to movement in net debt

3

(Decrease) / increase

in cash in the year

(17,448)

17503

Cash outflow / (inflow)

from decrease / (increase) in debt

​27,660

212120

Change in net debt resulting

from cash flows

​10,212

229623

Movement in net debt in the year

​10,212

229623

Net debt at 1 April

(21,058)

(250,681)

Net debt at 31 March

(10,846)

(21,058)

1. RECONCILIATION OF OPERATING LOSS TO NET CASH OUTFLOW FROM OPERATING ACTIVITIES  

31 March 2013

31 March 2102

£

£

Operating loss

(74,919)

(41,528)

Cost of reorganisation

​-

(334,831)

Decrease in stocks

​-

161711

Decrease in debtors

​2,613

96397

Increase/(decrease) in creditors

​8,571

(259,724)

 Net cash outflow from operating activities  

(63,735)

(377,975)

2. ANALYSIS OF CASH FLOWS FOR HEADINGS NETTED IN THE CASH FLOW STATEMENT  

31 March 2013

31 March 2102

£

£

Capital expenditure and financial investment

Purchase of fixed asset investments

​-

(2323524)

Sale of tangible fixed assets

​-

386

Net cash outflow for capital expenditure and financial investment  

​-

(2323138)

Financing

Loan repayments in year

(27,600)

(212,120)

Loans from Group undertakings in year

​73,947

107824

Share issues

​-

2822912

Net cash inflow from financing

​46,287

2718616

3. ANALYSIS OF CHANGES IN NET DEBT

At 1 April 2012

Cash flow

31 March 2103

£

£

£

 Net cash:

Cash at bank

​21,245

(17,448)

​3,797

Net cash outflow for capital expenditure and financial investment  

​21,245

(17,448)

​3,797

Debts:

Falling due within one year

(27,660)

​13,017

(14,643)

Falling due after one year

(14,643)

​14,643

0

(42,303)

​27,660

(14,643)

Total

(21,058)

​10,212

(10,846)