The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
At 30 June 2023 the company had net liabilities of £3,326 (FY2022: £3,313).
The amounts owed to the director at that date was £3,326 (FY2022: £3,313) and the director has agreed not to seek repayment until funds allow. The company continues to rely on the continuing support of the director, who has indicated that they will ensure that all financial obligations are met. Accordingly, the financial statements have been prepared on a going concern basis.