| 17 | Cash and cash equivalents and cash flow supporting notes |
Cash and cash equivalents for purposes of the consolidated statement of cash flows comprises:
| 2017 | 2016 | 2015 | ||||||||||
| £’000 | £’000 | £'000 | ||||||||||
| Cash at bank available on demand | 13,204 | 17,608 | 16,175 | |||||||||
There were no significant non-cash transactions during the year.
During the year, cash inflows arose from an equity financing transaction, included within financing activities on the face of the cash flow statement.
| 2017 | 2016 | 2015 | ||||||||||
| £’000 | £’000 | £'000 | ||||||||||
| Funds raised on Public Offering | 6,157 | 16,673 | - | |||||||||
| Costs of raising funds on Public Offering | (429 | ) | (1,105 | ) | - | |||||||
| 5,728 | 15,568 | - | ||||||||||
The following changes in liabilities arose as a result of financing activities during the year:
Non-current liabilities, borrowings |
Current liabilities, borrowings |
Total | ||||||||||
| £’000 | £’000 | £’000 | ||||||||||
| At 1 January 2017 | - | 23 | 23 | |||||||||
| Cash Flows | 5,249 | (12 | ) | 5,237 | ||||||||
| Foreign Exchange | (42 | ) | - | (42 | ) | |||||||
| At 31 December 2017 | 5,207 | 11 | 5,218 | |||||||||