Statement of Cash Flows
For the year ended 30 September 2022
| Note | 2022 £ | 2021 £ | |
|---|---|---|---|
| CASH FLOWS FROM OPERATING ACTIVITIES | |||
| Net cash used in operating activities | 18 | 651,830 | 434,497 |
| CASH FLOWS FROM INVESTING ACTIVITIES | |||
| Dividends, interests and rents from investments | 141,000 | 127,500 | |
| Purchase of tangible fixed assets | (624) | - | |
| Proceeds from sale of investments | 1,772,909 | - | |
| Purchase of investments | (1,772,909) | - | |
| NET CASH PROVIDED BY INVESTING ACTIVITIES | 140,376 | 127,500 | |
| CHANGE IN CASH AND CASH EQUIVALENTS IN THE YEAR | 792,206 | 561,997 | |
| Cash and cash equivalents at the beginning of the year | 837,273 | 275,276 | |
| CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR | 19 | 1,629,479 | 837,273 |