As at the period end, the company's balance sheet shows net current liabilities of £26,536 and an overall deficiency of assets of £25,536. Accordingly, the directors have had to consider the basis upon which the accounts should be prepared and determine whether a going concern basis remains appropriate. The accounts have been prepared on a going concern basis as the director continues to provide financial support, when necessary, to the company. The director has also reviewed the position for twelve months from the date the accounts were approved and in his opinion the company will reduce the balance sheet deficiency and will positive results for the next financial period.