These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost conventionThe financial statements are presented in United Kingdom pound sterling which is the functional currency of the company and rounded to the nearest £.Going ConcernThe financial statements are prepared on a going concern basis, which assumes that the company will continue in operational existence for the foreseeable future.The directors have considered the potential emerging impact of the COVID-19 virus on the future viability of the company. At the date of preparing these financial statements, the full impact on the business cannot be quantified which gives rise to a material uncertainty as to whether the financial statements should be prepared on a going concern basis. The directors continue to take all available steps to maintain sufficient resources in order that the business can continue.Consequently, the directors have a reasonable expectation that the company will have sufficient funds to continue to meet its liabilities as they fall due for the foreseeable future and therefore have prepared the financial statements on a going concern basis.Critical accounting judgements and key sources of estimation uncertaintyAccounting estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The company makes estimates and assumptions concerning the future. The resulting estimates and assumptions will, by definition, seldom equal the related actual results. The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities within the next financial year are discussed below.useful economic lives of tangible assetsThe annual depreciation charge for tangible assets is sensitive to changes in the estimates useful economic lives and residual values of the assets. The useful economic lives and residual values are reassessed annually. They are amended when necessary to reflect current estimates based on factors including technological advancement, future investments, economic utilisation and the physical condition of the assets.Bad Debt ProvisionThe value of trade debtors is sensitive to the recover ability in full of any invoices issued to each customer. Once the debt becomes overdue it is chased and periodically reviewed to ensure it is recoverable in full. If a provision is deemed necessary this is reflected in the financial statements.