Accounts filed on 31-12-2014
Accounts filed on 31-12-2014
trueAlpine Lock Services Limited088185342014-12-3120112013220132013-1598723296730982164881800018000Basis 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 period, exclusive of Value Added Tax.
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-10% Straight line
Going concern
The company's financial statements are prepared on the going concern basis, notwithstanding the fact that the company is technically insolvent. This is because the director and majority shareholder has pledged his continued ongoing support.
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