The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

These accounts have been prepared on a going concern basis which assumes that the company will continue to

trade. The validity of this assumption is dependent on sufficient and continuing financial support being made

available by the ultimate owners of the company. If the company were unable to continue to trade adjustments

would have to be made to reduce the value of assets to their realisable amount, and to provide for any further

liabilities that may arise.

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned the rendering of services.

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases: