3. Basis of preparation

These consolidated financial statements (“consolidated financial statements”, “financial statements”) have been prepared in accordance with the International Financial Reporting Standards (“IFRS”) endorsed by the European Union and in effect as at December 31st 2021.

These consolidated financial statements have been prepared on the assumption that the Group companies will continue as going concerns in the foreseeable future. As at the date of authorisation of these financial statements for issue, no circumstances were identified which would indicate any threat to the Group companies’ continuing as going concerns.