The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
The directors have reviewed the company's forecasts and cash flow projections for a period of at least twelve months from the date of approval of these financial statements. These forecasts indicate that the company will have adequate resources to continue in operational existence and meet its liabilities as they fall due.
The directors have considered the losses incurred during the year and note that this represents the company's first year of trading. Accordingly, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future and therefore continue to adopt the going concern basis of accounting in preparing these financial statements.