The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
These accounts have been prepared on a going concern basis which assumes that the company will continue to
trade. The validity of this assumption is dependent on sufficient and continuing financial support being made
available by the ultimate owners of the company. If the company were unable to continue to trade adjustments
would have to be made to reduce the value of assets to their realisable amount, and to provide for any further
liabilities that may arise.