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 the company's total liabilities exceeded its total assets by £28,774 (2024: £25,728). The company relies on the ongoing support of its director and other investors by way of loans. They have agreed not to seek repayment of the amounts owed until working capital permits. Accordingly the director considers that it is appropriate to adopt the going concern basis in preparing these financial statements. 

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

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: