The company is operated by its three directors and has continued to trade throughout the period. While the company currently has limited cash resources, certain business costs have been funded personally by the directors.
The directors have reviewed the company’s current financial position, expected trading activity and working capital requirements. They confirm their intention and ability to continue providing financial support to the company, including introducing personal funds where required to enable the company to meet its liabilities as they fall due.
Based on this continuing support and anticipated trading activity, the directors are satisfied that the company has adequate resources to continue in operational existence for at least twelve months from the date of approval of the financial statements.