1. Accounting policies

Basis of measurement and preparation of accounts

The accounts are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities

Turnover policy

Turnover represents the total invoices value, excluding value added tax, of sales made during the year.

Tangible fixed assets depreciation policy

Depreciation is provided at rates calculated to write off the costs less residual value of each asset over its expected useful life, as follows:- Fixtures and Fittings - % depreciation at 15% Electronics - Straight-line Depreciation of 5 years Vehicles - % depreciation at 15% Buildings - % depreciation at 5%

Intangible fixed assets amortisation policy

N/A

Valuation information and policy

Stock is valued at the lower of cost and net realizable value

Other accounting policies

The Company adopted Financial Reporting Standard 19 "Deferred Taxation" (FRS 19) during the Financial Period. Deferred Tax is recognised in respect of all Timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax, with the following exceptions: Deferred Tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted

2. Tangible assets

3. Called up share capital

Allotted, called up and paid