Accounting Policies

i. Basis of Preparation

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the microentities

regime and in accordance with FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime.

The financial statements have been prepared under the historical cost convention.

ii. Revenue Recognition

Turnover represents the value of goods and services supplied during the financial year, excluding VAT and other sales taxes.

Turnover is recognised when the company supplies goods or services to customers.

iii. Taxation

The tax expense represents the corporation tax payable in respect of the taxable profits for the financial year.

iv. Operating Expenses

Operating expenses are recognised in the profit and loss account when incurred in the normal course of the company's

business.

vii. Going Concern

The financial statements have been prepared on a going concern basis, as the directors consider that the company has

adequate resources to continue in operational existence for the foreseeable future.