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The Company is committed to appropriate standards of corporate governance.
The Board applied the principles set out in the UK Corporate Governance Code issued by the Financial Reporting Council in 2016 (the “Governance Code”) during the year ended 31 January 2018. A copy of the Governance Code can be obtained from the website of the Financial Reporting Council (www.frc.org.uk).
During the year, the Company complied with the Code save that (as it has no employees or executive directors) it does not have a remuneration committee as recommended by the Code, and does not have an identified Chief Executive. The Corporate Governance statement for the year ended 31 January 2018 is available below.