Accounts filed on 30-11-2016
Accounts filed on 30-11-2016
trueGPD Communications Limited030971662016-11-3048002364490024641001004900246449002464-870-11956662478851865377765622824630383750075002963138679577014420577014420Basis 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.
In respect of long-term contracts and contracts for on-going 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 on-going services is recognised by reference to the stage of completion.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance
for obsolete and slow moving items.
Pension costs
The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company. The annual contributions payable are charged to the profit and loss account.
Fixed Assets
All fixed assets are initially recorded at cost.
Financial Instruments
Motor VehiclesReducing balance0.2500Office EquipmentReducing balance0.20006432182172419-1827058551677521924-111256432182172419-182705855167752-111251924Ordinary1000011000010000Ordinary11001001002017-03-08J.G.B. Ashdowntruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureGPD Communications Limited2015-12-012016-11-30GPD Communications Limited2014-12-012015-11-30GPD Communications Limited2014-11-30GPD Communications Limited2015-11-30GPD Communications Limited2015-11-30GPD Communications Limited2016-11-30 2017-03-14
