The accounts have been prepared on a going concern basis. Although there are net current liabilities of
£845,583 (2022 - £845,487) and net liabilities of £10,390 (2022 - £10,294) this basis is considered appropriate
as £845,395 (2022 - £845,195) of those liabilities are owed to the director and subsidiaries.
The director is satisfied that despite the Coronavirus pandemic, it is appropriate for the company's financial
statements to be prepared on a going concern basis. The pandemic has resulted in a number of uncertainties
arising and the director has taken steps to minimise the effect on the company and will continue to do so. In the
circumstances he has concluded that no adjustments are required to the financial statements at this time.