The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

he Company made a loss during the financial period ended 31st March 2025  and, at the reporting date, had net liabilities of £248,476. Over 99% of the Companies creditor balance relates to related parties and are not due in the next 12 months. With this in mind, the directors  are confident that, with their continued support, the Company will be able to meet its obligations as they fall due for at least twelve months from the date of approval of these financial statements. Consequently, the directors consider it appropriate to prepare the financial statements on a going concern basis.

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.

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:

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised  in profit or loss.

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange  differences are taken into account in arriving at the operating result.