| The directors believe that the company is experiencing good levels of sales growth and that investment in new technology will improve it's commercial position, and that it is well placed to manage its business risks successfully.
The accounts have been prepared on a going concern basis which assumes that the company will be able to continue to meet its financial obligations for a period of at least 12 months from the date of this report. In deciding that this basis was appropriate, the directors considered its cash flow forecasts and the likelihood of securing new investment if and as required.
Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements. |