1. Accounting policies

Basis of measurement and preparation of accounts

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practise), which have been applied consistently (except otherwise stated).

Turnover policy

Turnover represents sales income at date of work commenced.

Tangible fixed assets depreciation policy

Tangible assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write of the cost less estimated residual value of each asset over its expected useful life, as follows: Plant and Machinery 4 years reducing balance Motor Vehicles 4 years reducing balance Office Equipment 4 years straight line Tools & Equipment 4 years straight line

Other accounting policies

1.5 Stock Recognized as the lower of cost vs net realisable value 1.6 Deferred Tax Deferred tax is recognised in respect of all timing differences that have been originated but not reversed at the balance sheet date.

2. Tangible assets

3. Called up share capital

Allotted, called up and paid