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.

The company has net liabilities of £67,104 at 18 September 2025 and depends on the continued financial support of its directors. The directors have confirmed they will provide this support for at least twelve months from the date these financial statements are approved. The directors therefore consider it appropriate to prepare the financial statements on a going concern basis.

Turnover represents the amounts derived from the company's principal activity of producing and staging live poetry events.

Turnover is measured at the fair value of the consideration received or receivable. Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the amount of turnover can be measured reliably.

Income from ticket sales is recognised when the related event takes place, regardless of the channel through which the tickets are sold. Amounts invoiced or received in advance of an event are deferred and held within creditors as deferred income, and released to turnover in the period in which the event is held. Where an event is cancelled and tickets refunded, no turnover is recognised.

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:

Work in progress comprises of costs incurred on development projects and productions in progress

at the period end, less production advances.