Debtors
Included within Current Assets are debtors due after one year, totalling £1 at the end of the financial year.
Creditors
Included within Creditors due within one year is an Intercompany loan of £22,027. This is unsecured, interest free and repayable on demand.
Comparative Figures
There are no comparative figures shown as this is the first set of accounts since incorporation on 8th August 2024
Going Concern
The directors have assessed the Balance Sheet Position and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the Financial Statements.