Contents of the Financial Statements

for the Period Ended 31 December 2019

Directors' report period ended 31 December 2019

The directors present their report with the financial statements of the company for the period ended 31 December 2019

Directors

The directors shown below have held office during the whole of the period from
20 March 2019 to 31 December 2019

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
23 June 2021

And signed on behalf of the board by:
Name: Rebecca Mupita
Status: Director

Profit And Loss Account

for the Period Ended 31 December 2019

Balance sheet

As at 31 December 2019

The notes form part of these financial statements

Balance sheet statements

For the year ending 31 December 2019 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 December 2019

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

  Other accounting policies

  GOING CONCERNThe financial statements have been prepared on a going concern basis which assumes that the Company will continue in operation on the basis that it has the ability to meet all its liabilities. The Company commenced its contract with Heathrow Airport on 1 April 2020. Whilst there have been temporary variations to this contract as a result of the temporary closure of some terminals, the Company has continued to provide services to Heathrow staff and customers throughout the pandemic and has remained profitable. It has also been able to benefit from Government support at various points. Taking the current performance of the business and the wider Covid-19 situation, the Directors are satisfied that the operations remain as a going concern and do not envisage any plausible downside scenario during 2021 that would compromise this, whilst the expectation is that 2022 will see a return to relative normality. Consequently the Directors are satisfied that the business has demonstrated and continues to demonstrate its ability to continue as a going concern.FINANCIAL INSTRUMENTSThe Company’s financial assets comprise cash, trade and other debtors.The Company’s financial liabilities comprise creditors.CASH AND CASH EQUIVALENTSCash and cash equivalents in the balance sheet comprise cash at bank and cash in hand and short-term deposits with an original maturity of three months or less.TAXATIONThe tax expense represents the sum of the tax currently payable and deferred tax.The tax currently payable is based on taxable loss or profit for the period. Taxable profit differs from net profit or loss as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The Company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the balance sheet date.Deferred tax is the tax expected to be payable or recoverable on differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit, and is accounted for using the balance sheet liability method. Deferred tax liabilities are generally recognised for all taxable temporary differences and deferred tax assets are recognised to the extent that it is probable that taxable profits will be available against which deductible temporary differences can be utilised. Such assets and liabilities are not recognised if the temporary difference arises from the initial recognition (other than in a business combination) of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.The carrying amount of deferred tax assets is reviewed at each balance sheet date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the assets to be recovered.Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the income statement, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity.Deferred tax assets and liabilities are offset when there is a legally enforceable right to set off current tax assets against current tax liabilities and when they related to income taxes levied by the same taxation authority and the Company intends to settle its current tax assets and liabilities on a net basis.CRITICAL ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY There are no critical accounting judgements or key sources of estimation uncertainty.

Notes to the Financial Statements

for the Period Ended 31 December 2019

• 2. Employees

  	9 months to 31 December 2019
  Average number of employees during the period	0