TRUE MANAGEMENT LTD

TRUE MANAGEMENT LTD

TRUE MANAGEMENT LTD - Company Information

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TRUE MANAGEMENT LTD

Company Registration Number:
SC553676 (Scotland)

Unaudited abridged accounts for the year ended 31 March 2019

Period of accounts

Start date: 01 April 2018

End date: 31 March 2019

TRUE MANAGEMENT LTD

Contents of the Financial Statements

for the Period Ended 31 March 2019

Balance sheet
Notes

TRUE MANAGEMENT LTD

Balance sheet

As at 31 March 2019


Notes
2019
2 months to 31 March 2018


£
£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments: 2 127,000 0
Total fixed assets: 127,000 0
Current assets
Stocks: 0 0
Debtors:   0 100
Cash at bank and in hand: 3,406 0
Investments:   0 0
Total current assets: 3,406 100
Creditors: amounts falling due within one year:   (21,877) 0
Net current assets (liabilities): (18,471) 100
Total assets less current liabilities: 108,529 100
Creditors: amounts falling due after more than one year:   (103,348) 0
Provision for liabilities: 0 0
Total net assets (liabilities): 5,181 100
Capital and reserves
Called up share capital: 100 100
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 5,081 0
Shareholders funds: 5,181 100

The notes form part of these financial statements

TRUE MANAGEMENT LTD

Balance sheet statements

For the year ending 31 March 2019 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 06 December 2019
and signed on behalf of the board by:

Name: Paul Dempsey
Status: Director

The notes form part of these financial statements

TRUE MANAGEMENT LTD

Notes to the Financial Statements

for the Period Ended 31 March 2019

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

TRUE MANAGEMENT LTD

Notes to the Financial Statements

for the Period Ended 31 March 2019

2. Fixed investments

Investment property which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in profit or loss.Where fair value cannot be achieved without undue cost or effort, investment property is accounted for as tangible fixed assets.