1. Accounting policies

Basis of measurement and preparation of accounts

The financial statements have been prepared under the historical cost convention and in accordance with provisions for Smaller Entities.

Turnover policy

The turnover shown in the profit and loss account represents revenue earned during the accounting period , exclusive of VAT.

Tangible fixed assets depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated life: office equipment 20% on cost.

Intangible fixed assets amortisation policy

None

Valuation information and policy

Operating costs and expenditure are charged to the profit and loss account. Dividends are paid from operating profits and where necessary from reserves after ensuring company liabilities are covered. Costs include all direct expenditure and an appropriate proportion of fixed and variable overheads.

Other accounting policies

Rental costs are charged to the profit and loss account. Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet.

7. Tangible assets

8. Creditors: amounts falling due within one year

The accounts have been prepared in accordance with provisions applicable to companies subject to small companies regime.

9. Creditors: amounts falling due after more than one year

The accounts have been prepared in accordance with provisions applicable to companies subject to small companies regime.

11. Called up share capital

Allotted, called up and paid