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 year end the company had a shareholders’ funds of £32,204, and the company made a profit for the year of £263,543. Based on their long term business plan the directors are confident that the company will trade profitably in future periods.

The company is dependent upon continued finance being available from its directors. The directors have confirmed that funds will continue to be made available. The amounts owed to its directors constitute the great majority of the company's creditors and in light of this continued support the financial statements have been prepared on a going concern basis and do not contain any of the adjustments to the carrying values or classification of assets and liabilities that would be appropriate if the company were not to continue as a going concern.

The turnover in the profit and loss account represents sales contractually completed during the period.

Work in progress is valued at direct costs plus attributable overheads based on a normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.