The directors have resolved to cease trading operations and begin the process of closing down the company. The decision has been made in the best interests of all stakeholders, considering the current circumstances and future outlook.
As of 15th November 2024, the company has ceased all trading activities. The financial statements for the year ended 15th November 2024 have been prepared on a basis other than going concern, reflecting the directors' decision to wind down the business.
The directors are committed to an orderly closure process, which includes settling outstanding liabilities, collecting receivables, and distributing remaining assets, if any, in accordance with legal and contractual obligations.
Provisions have been made in these financial statements for all known obligations arising from the cessation of trading and the planned closure, based on the best information available as of the reporting date. The directors will continue to monitor the closure process to ensure all regulatory and statutory requirements are met.