- The company is a private company limited by shares and registered in England and Wales. It was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
- The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
- The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
- These accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Average number of employees
The average number of persons employed by the company in the period was 6 (previous period: 6).
Directors advances, credits and guarantees
During the year the board of directors agreed that the accrued interest on the loan from D Moore, a director of the Company, would be cancelled therefore the balance due on the loan at 30 November 2024 of £16,050 represents capital contributions made by the Director.
Additional Disclosures
Although the balance sheet at 30 November 2024 shows net liabilities, the main creditors are loans from the Director and a private investor. Both parties will not seek repayment of these loans until the Company has sufficient reserves to do so, as a result of this it is anticipated that the Company will be able to trade for at least 12 months from the date of signing the accounts and therefore the going concern basis is appropriate.