Accounts filed on 31-03-2016
Accounts filed on 31-03-2016
truePure Dental Laboratory Ltd071888852016-03-3116928218072116928618072544169286180725391996515520848524588031314869501947451006572260591876071399411256801055475997556454328177171158930177171158930Basis 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 January 2015).
Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance
for obsolete and slow moving items.
Work in progress
Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.
Hire purchase agreements
Assets held under hire purchase agreements are capitalised and disclosed under tangible fixed
assets at their fair value. The capital element of the future payments is treated as a liability and
the interest is charged to the profit and loss account on a straight line basis.
Operating lease agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.
Fixed Assets
All fixed assets are initially recorded at cost.
Plant & Machinerystraight line0.2500Fixtures & Fittingsreducing balance0.1500Computer Equipmentstraight line0.2000305205238362668761280347943248635305205238362668761280347943248635Ordinary4144Ordinary14442016-11-09J B LeonardD LeonardDirectorH JamesDirectortruetruetruetruexbrli:sharesiso4217:GBPxbrli:purePure Dental Laboratory Ltd2015-04-012016-03-31Pure Dental Laboratory Ltd2014-04-012015-03-31Pure Dental Laboratory Ltd2014-03-31Pure Dental Laboratory Ltd2015-03-31Pure Dental Laboratory Ltd2015-03-31Pure Dental Laboratory Ltd2016-03-31 2016-11-19
