The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
The company has net liabilities of £196,028 and net losses of £170,870. The directors have obtained confirmation from the parent company that it will continue to support the company and provide adequate funding to enable it to meet its obligations for the forseeable future, being a period of at least twelve months from the date of approval of the financial statements.
The Directors have considered the financial position of the parent company and consider that the parent company is able to provide financial support as and when required. The Directors consider the parent company's assessment to be reasonable and therefore have provided the financial statements on a going concern basis.