1. Accounting policies

Basis of measurement and preparation of accounts

The principle accounting policies adopted in the preparation of the Financial Statements are set out below and have remained unchanged during the year and have been consistently applied within the accounts. The Financial Statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April,2008).

Turnover policy

Turnover represents the invoiced amount of goods sold and services provided exclusive of Value Added Tax.

Tangible fixed assets depreciation policy

Depreciation is charged so as to write off the cost of tangible fixed assets over their estimated useful lives as follows: Fixtures and Fittings 15% per annum R.B. ; Leasehold Costs 100% in year of cost

Intangible fixed assets amortisation policy

Amortisation of intangible fixed assets is not provided as the asset is expected to maintain its value for the foreseeable future and the directors consider to provide would not show a true and fair view. in this regard the accounts are a departure from the requirements to amortise goodwill under the FRSSE.

Valuation information and policy

Going concern - At the balance sheet date the company has net current liabilities of £ 46,875 (2014 - £ 55,192) including directors loans of £ 63,646 (2014 - £ 72,340). The directors have indicated their continued support for the foreseeable future and the company continues to meet its day to day liabilities. As a result the going concern basis of accounting has been adopted.

Other accounting policies

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities for accounting purposes and the amounts used for taxation purposes. The amount of deferred tax provided is based upon the tax rates that are expected to apply at the balance sheet date. Deferred tax is not discounted.

4. Intangible assets

5. Tangible assets

6. Debtors

7. Creditors: amounts falling due within one year

9. Called up share capital

Allotted, called up and paid

11. Related party disclosures

The ultimate controlling parties during the year were J Wilson & D Lawlor , directors, whom control the company by virtue of each owning 50% of the issued share capital of the company.