Accounts filed on 29-02-2016
Accounts filed on 29-02-2016
trueGeoff Barnard Consulting Ltd07959229998 0356 692016-02-293060174060271010406027406027-6414827349402865834299334851285821153214411233268112006811200Basis 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, exclusive of Value Added Tax.
Work in progress is recognised where a right to consideration has accrued by
reference to the fair value of work carried out inclusive of a profit element.
Fixed Assets
All fixed assets are initially recorded at cost.
Financial Instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.
Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.
Fixtures & Fittingsreducing balance0.2500Computer Equipmentstraight line0.3300
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
38143520500-20631332320880-6738143520500-20631332320-67880Ordinary1011010Ordinary1101010Going concern
The director has reviewed the twelve months ahead and notes no reason as to why the company would not carry on as a going concern.2016-11-23Mr G W Barnardtruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureGeoff Barnard Consulting Ltd2015-03-012016-02-29Geoff Barnard Consulting Ltd2014-03-012015-02-28Geoff Barnard Consulting Ltd2014-02-28Geoff Barnard Consulting Ltd2015-02-28Geoff Barnard Consulting Ltd2015-02-28Geoff Barnard Consulting Ltd2016-02-29 2016-11-23
