The Directors are satisfied that the company is entitled to exemption under Section 249A(2) of the Companies Act 1985 and that no audit is required pursuant to Section 249B(2) of the Act.

The directors acknowledge their responsibility for:

(i)  ensuring that the company keeps proper accounting records which comply with section 221 of the Companies Act 1985; and

(ii) preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit or loss for the financial year in accordance with the requirements of section 226 of the Companies Act 1985, which otherwise comply with the requirements of this Act relating to accounts, as far as applicable to the company.

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