The director has assessed the Company’s financial position, which includes net liabilities of £100,301 at 31 July 2025 (2024: £76,131) and a loss for the financial year of £24,210 (2024: £76,133).
The Company’s director/shareholder, who has provided written confirmation of their intention to continue to make available such funds as are necessary to enable the Company to meet its liabilities as they fall due. This support is unsecured, interest-free, and will not be withdrawn or required to be repaid for at least twelve months from the date of approval of these financial statements. The support is based on the director/shareholder’s present intention and is
not a legally binding commitment.
In forming the going concern assessment, the director considered the Company’s recent trading performance, the ongoing financial support from the director/shareholder, the availability of external facilities, and the Company’s foreseeable obligations over the next twelve months. The director also took into account the potential impact of inflation and other macroeconomic factors on liquidity and trading performance.
While the director has a reasonable expectation that, with the continued support described and the renewal of key financing and supplier arrangements, the Company will have adequate resources to continue in operational existence for the foreseeable future, it is acknowledged that the Company remains dependent on these sources of funding. The successful renewal and continued availability of such support and facilities are not wholly within the Company’s control.
These circumstances represent a material uncertainty that may cast significant doubt upon the Company’s ability to continue as a going concern.
Nevertheless, the financial statements have been prepared on a going concern basis. They do not include any adjustments that would be required if the Company were unable to continue trading.