The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
The company does not qualify for the micro-entities regime because its turnover and balance sheet total exceed the thresholds set out in Section 384A of the Act.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of listed investments to fair value.

The director has assessed the companys financial position and is satisfied that the company has adequate resources to continue in operational existence for the foreseeable future.

The financial statements are therefore prepared on a going concern basis.

Revenue from consultancy services is recognised over time as the services are provided. Where payments are received in advance of services being performed, these are recognised as deferred income and released to profit or loss over the period in which the services are delivered.

The tax expense represents the sum of current tax and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The companys liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.
Dividends paid during the year amounted to £109,379.

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Investments in listed securities are measured at fair value through profit or loss, with gains and losses recognised in profit or loss

Current asset investments consist of listed equity securities.

The company has elected to apply the provisions of Section 11 and Section 12 of FRS 102.
Financial assets and liabilities are recognised when the company becomes a party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial

statements, when there is a legally enforceable right to set off the recognised amounts and there

is an intention to settle on a net basis or to realise the asset and settle the liability

simultaneously.
The company only enters into basic financial instrument transactions.

Financial assets and liabilities are measured at transaction price, unless measured at fair value as required for listed investments.