Balance sheet continued

As at 28 February 2025

For the year ending 28 February 2025 the company was entitled to exemption 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 directors acknowledge 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 28 February 2025

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  The monetary value for work billed to clients, for which there is little likelihood of rework, or where such would be at the expense of the entity, excluding deferred incomes.

  Tangible fixed assets depreciation policy

  Recognised at historical cost, and revalued on a consistent basis in line with fair market values. Additions are valued at incurred costs and added to the main pool of assets.

  Intangible fixed assets amortisation policy

  Recognised at costs, for which respective asset is an integral element of the entity's business and amortized following the estimated useful economic life.

  Valuation information and policy

  Usually at costs or brought-in-value and may be revalued in line with the basis of market valuation, of economic benefits which would arise upon use for the business activities.