The above loan is unsecured, interest free and repayable on demand.
Going Concern
The company's balance sheet position at 31 December 2025 shows net liabilities of £319,758 and the company is dependant on support from its directiors and shareholders, in order to continue to pay its liabilities as they fall due. The directors and shareholders have undertaken to provide such financial support as may be necessary for a period of at least one year from the date of signing of the finacial statements. The directors and shreholders have reviewed the applicability of the going concern principle and have determined that it is appropriate to prepare the company's financial statements on the basis that it will continue as a growing concern for the foreseeable future.