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.

The company's business activities, together with the factors likely to affect its future development, its financial position, financial risk mangement objectives and its exposure to price, credit, liquidity and cash flow risk are described in these financial statements. The directors have considerable financial resources together with long-term contracts with a number of clients and suppliers. As a consequence, the directors believe that the company is well placed to manage its business risks successfully through the current economic outlook. After making enquiries, the directors have a strong expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the annual report and accounts.

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services inthe ordinary course of the company's activities. Turnove ris shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:

The amount of revenue can be reliably measured;

it is probable that future economic benefits will flow to the entity;

and specific criteria have been met for each of the company's activities.

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: