As at year end,the companies balance sheet shows net current liabilities of £36,392 (2023: £33,145) and an overall deficiency of assets amounting to £7,073 (2023: £4,993). Accordingly, the directors have had to consider the basis upon which the accounts are prepared and determine wether a going concern basis remains appropriate.
The accounts have been prepared on a going concern basis, as the directors continue to provide financial support,when necessary,to the company.The directors have also reviewed the position for twelve months from the date the accounts were approved and in their opinion,the company will reduce the balance sheet deficiency and will show positive results for the next financial period.