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.
The financial statements have been prepared on the going concern basis which assumes that the company will
continue in operational existence in the forseeable future. The validity of this assumption depends on the continued
support of the company's finance providers and director for the forthcoming year.
Current liabilities include loans due to the director which is repayable on demand. The director will not demand repayment of the loan due where this would impair the ability of the company to trade.
The director belives that it is appropriate for the going concern basis to be used.