The financial statements have been prepared on a going concern basis even though as at the balance sheet date the company's total liabilities exceeded its total assets by £35,159 (2023: £27,813).
The ultimate shareholder and director, Mr Simon Meade, will continue to provide full financial support to the company at least 12 months from the date the accounts are approved and as and when required.
The director therefore considers the going concern basis to be appropriate. The financial statements have been prepared on a going concern basis and the accounts do not include any adjustements if this basis is not appropriate.