The company remains a going concern in the view of the directors as it is their understanding that the company will receive adequate support to enable the company to keep running for the next 12 months following the date of signing the accounts. Included within the company's current liabilities at the year end was £426,343 (£388,716) owed to M & P Smith, a partnership also under the common control of the directors, together with a bank loan amounting to £32,798 (2024: £38,094). They believe the company's bank will continue to support the company during that time period.
Against the above background, the directors believe that with their continued financial support and that of the company's various lenders, it remains appropriate that these accounts are prepared for the company as a going concern.