Average number of employees

Directors advances, credits and guarantees

1. Basis of preparation These accounts have been prepared in accordance with the provisions applicable to micro-entities under the Companies Act 2006 and in compliance with FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. 2. Revenue recognition Revenue is recognised when goods and services are provided to customers, to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. 3. Depreciation policy Fixed assets are stated at cost less accumulated depreciation. Depreciation is provided on a straight-line basis to write off the cost of tangible fixed assets over their estimated useful lives as follows: Office equipment: 3 years Plant and machinery: 5 years 4. Directors’ loan account At the year end, the directors’ loan account was £5,148 (2024: £5,852), representing amounts owed by the company to the directors in respect of materials and expenses initially paid personally on behalf of the company. The balance is unsecured, interest-free, and repayable on demand. 5. Pension The company operates a workplace pension scheme in line with the statutory auto-enrolment requirements. Pension contributions for the year amounted to £95 (2024: £nil).