Since the balance sheet date, the company’s trading, as experienced by many businesses, has been impacted due to the COVID-19 outbreak.
The directors are taking the necessary steps to enable to business to trade through this period of uncertainty which includes accessing government funding and cutting costs where possible. The more to a more remote method of client and prospective client working could actually lead to more opportunities post COVID-19.
The directors have concluded that whilst a material uncertainty exists that could cast doubt upon the company’s ability to continue as a going concern because at the date of signing this report it is unknown when the COVID-19 restrictions will be lifted by the Government this is mitigated by the continuing efforts to secure government funding, cutting costs and messages of support provided by existing client the directors consider it appropriate to continue to adopt the going concern basis of accounting.