The financial statements have been prepared on a going concern basis, which assumes that the Company will continue in operational existence for the foreseeable future, and specifically for a period of at least twelve months from the date of approval of these financial statements.

The director has identified the following events or conditions which, individually or collectively, give rise to material uncertainty that may cast significant doubt over the Company's ability to continue as a going concern: net current liabilities of £277,356 at the balance sheet date; reliance on continued financial support from the company director and reliance on the continuation of support from the bank and other lenders..

In assessing going concern, the director has considered the following mitigating actions: a letter of support from the director confirming intended financial support for at least twelve months from the date of approval; cost reduction measures implemented since the year end; ongoing negotiations with lenders.

Having considered the above, the director has a reasonable expectation that the Company will have adequate resources to continue in operational existence for the foreseeable future. However, the matters described above indicate the existence of a material uncertainty which may cast significant doubt on the Company's ability to continue as a going concern. The financial statements do not include the adjustments that would result if the Company were unable to continue as a going concern. Such adjustments would include reclassifying non-current assets as current assets, providing for further liabilities that might arise, and reclassifying fixed assets and long-term liabilities as current assets and liabilities.