|
|
For the year ended
|
|
|
Statement of Financial Position
|
2018
|
2017
|
|
(restated)
|
||
Note
|
£
|
£
|
Intangible assets
|
5
|
|
–
|
Tangible assets
|
6
|
|
|
Investments
|
7
|
|
|
--------
|
--------
|
||
|
|
||
Debtors
|
8
|
|
|
Cash at bank and in hand
|
|
|
|
--------------
|
-----------
|
||
|
|
||
Creditors: amounts falling due within one year
|
9
|
|
|
--------------
|
-----------
|
||
Net current assets/(liabilities)
|
|
(
|
|
-----------
|
-----------
|
||
Total assets less current liabilities
|
|
(
|
|
-----------
|
-----------
|
||
Net assets/(liabilities)
|
|
(
|
|
-----------
|
-----------
|
||
Called up share capital
|
|
|
Share premium account
|
|
|
Capital redemption reserve
|
|
|
Other reserves
|
|
|
Profit and loss account
|
(
|
(
|
--------------
|
--------------
|
|
Shareholders funds/(deficit)
|
|
(
|
--------------
|
--------------
|
|
|
Statement of Financial Position (continued)
|
|
Director
|
|
Notes to the Financial Statements
|
Development costs
|
-
|
|
|
Patents, trademarks and licences
|
-
|
|
|
Leasehold improvemennts
|
-
|
|
|
Office Equipment
|
-
|
|
|
Compueter Equipment
|
-
|
|
|
Development costs
|
Patents, trademarks and licences
|
Total
|
|
£
|
£
|
£
|
|
Cost
|
|||
At 1 April 2017 (as restated)
|
|
–
|
|
Additions
|
–
|
|
|
---------
|
--------
|
---------
|
|
At 31 March 2018
|
|
|
|
---------
|
--------
|
---------
|
|
Amortisation
|
|||
At 1 April 2017
|
|
–
|
|
Charge for the year
|
–
|
|
|
---------
|
--------
|
---------
|
|
At 31 March 2018
|
|
|
|
---------
|
--------
|
---------
|
|
Carrying amount
|
|||
At 31 March 2018
|
–
|
|
|
---------
|
--------
|
---------
|
|
At 31 March 2017
|
–
|
–
|
–
|
---------
|
--------
|
---------
|
|
Leasehold improvements
|
Office Equipment
|
Computer Equipment
|
Total
|
|
£
|
£
|
£
|
£
|
|
Cost
|
||||
At 1 April 2017 (as restated)
|
–
|
|
|
|
Additions
|
|
|
|
|
--------
|
--------
|
--------
|
---------
|
|
At 31 March 2018
|
|
|
|
|
--------
|
--------
|
--------
|
---------
|
|
Depreciation
|
||||
At 1 April 2017
|
–
|
|
|
|
Charge for the year
|
|
|
|
|
--------
|
--------
|
--------
|
---------
|
|
At 31 March 2018
|
|
|
|
|
--------
|
--------
|
--------
|
---------
|
|
Carrying amount
|
||||
At 31 March 2018
|
|
|
|
|
--------
|
--------
|
--------
|
---------
|
|
At 31 March 2017
|
–
|
|
|
|
--------
|
--------
|
--------
|
---------
|
|
Shares in group undertakings
|
|
£
|
|
Cost
|
|
At 1 April 2017 as restated
|
|
Other movements
|
(
|
-----
|
|
At 31 March 2018
|
|
-----
|
|
Impairment
|
|
At 1 April 2017 as restated and 31 March 2018
|
–
|
-----
|
|
Carrying amount
|
|
At 31 March 2018
|
|
-----
|
|
At 31 March 2017
|
|
-----
|
|
2018
|
2017
|
|
(restated)
|
||
£
|
£
|
|
Trade debtors
|
|
|
Other debtors
|
|
|
-----------
|
-----------
|
|
|
|
|
-----------
|
-----------
|
|
2018
|
2017
|
|
(restated)
|
||
£
|
£
|
|
Trade creditors
|
|
|
Social security and other taxes
|
|
|
Other creditors
|
|
|
-----------
|
-----------
|
|
|
|
|
-----------
|
-----------
|
|
2018- Number of Ordinary shares under option
|
2018- Weighted average exercise price £
|
2017- Number of Ordinary shares under option
|
2017- Weighted average exercise price £
|
||
£
|
£
|
£
|
£
|
||
Outstanding at beginning of year
|
62,871
|
1
|
62,871
|
1
|
|
Issued in year
|
23,882
|
1
|
|||
Exercised in year
|
|||||
Forfeited in year
|
(3,000)
|
(1)
|
|||
Expired in year
|
|||||
Outstanding at end of year
|
83,753
|
1
|
62,871
|
1
|
|
2018
|
2017
|
||
Value at grant (£)
|
1
|
1
|
|
Expected volatility (%)
|
16
|
18
|
|
Expected life (years)
|
10
|
10
|
|
Risk free interest rate (%)
|
2
|
2
|
|
Expected dividend yield (%)
|
–
|
–
|
|
Adjustment to reflect unquoted early stage
|
50
|
50
|
|