Contents of the Financial Statements

for the Period Ended 31 December 2021

Balance sheet

As at 31 December 2021

The notes form part of these financial statements

Balance sheet statements

For the year ending 31 December 2021 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 directors have chosen not to file a copy of the company's profit and loss account.

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 December 2021

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT.

  Intangible fixed assets amortisation policy

  Intangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of amortisation and any impairment losses.Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:Computer software over a 10 year period on a straight line basisThe gain or loss arising on the disposal of an asset is determined as the difference between the sale

  Other accounting policies

  Going concernAt the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.The directors have reviewed and considered the impact of Covid-19, The company has utilised the government backed loan and furlough schemes, which have assisted the company to trade through the period up to the date of signing.Cash and cash equivalentsCash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts.Financial instrumentsThe company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.Equity instrumentsEquity instruments issued by the company are recorded at the proceeds received, net of transaction costs.TaxationThe tax expense represents the sum of the tax currently payable or receivable for the period.Foreign exchangeTransactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

Notes to the Financial Statements

for the Period Ended 31 December 2021

• 2. Employees

  	31 December 2021	28 February 2021
  Average number of employees during the period	11	10