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.

At the balance sheet date, there were net liabilities of £55,100 (2024: Net liabilities £71,218). Included in the assets was the sum of £1,012,842 due to the director (2024: £519,188 owed to director), and £Nil (2024: £Nil) due to a company under common control. The director has prepared projections for ending 12 months from the date of approval of these financial statements. These projections show the company will generate a positive cash flow. On the basis of these projections and of the continued support from related parties, the director considers the company will be able to meet its liabilities as they fall due and it is appropriate to prepare these financial statements on a going concern basis.

Turnover is recognised as the sum of the fair value of the consideration received or receivable for consultancy services provided and of the rental income received.

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:

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.