| At the year-end the Company had net assets of £14,168 (2022 net assets - £45,017). The director is confident that the Company is able to meet its liabilities as they fall due for a period of no less than 12 months from the date of approval of these financial statements. On this basis the director considers it appropriate that these financial statements are prepared on a going concern basis.
In particular, the accounts include the allotment of a provision fund for flight cancellations in order to separate the net assets of the company from the amounts relating to tickets issued and subject to flight cancellation due to Covid, which can be either refunded to the passenger or transacted normally through a date change or issue of vouchers in the next months. |