Accounts filed on 31-03-2015
Accounts filed on 31-03-2015
trueFreshh Creative Limited052748202015-03-3140981060450981160410001000509811604226142553241302925788950233852922025963381702587337592905782746407918003600946479Basis of accounting
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.
In respect of long-term contracts and contracts for ongoing services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for ongoing services is recognised by reference to the stage of completion.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over
the useful economic life of that asset as follows:
Goodwill-5 years Straight line
Fixed Assets
All fixed assets are initially recorded at cost.
Financial Instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.Equipment3 years Straight line0.00009000900072005400180058514416143549053937968148511341614351210593372768Ordinary1000110001000Ordinary1100010001000Mr D Milbourne received dividends during the year totalling £6,000 (2014 - £14,500).2015-05-26Mr D Milbournetruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureFreshh Creative Limited2014-04-012015-03-31Freshh Creative Limited2013-04-012014-03-31Freshh Creative Limited2013-03-31Freshh Creative Limited2014-03-31Freshh Creative Limited2014-03-31Freshh Creative Limited2015-03-31 2015-06-09