Accounts filed on 31-10-2016
Accounts filed on 31-10-2016
truePLLC Ltd049115902016-10-31968686909696869111969686919696869174868396313452084932093892450499343209339311221295221295Basis 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.
Fixed Assets
All fixed assets are initially recorded at cost.
Equipmentreducing balance0.2500
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.
10661066845771741066106684577174Ordinary1000011000010000Ordinary11112017-07-31Mrs F Malcolmtruetruetruetruexbrli:sharesiso4217:GBPxbrli:purePLLC Ltd2015-11-012016-10-31PLLC Ltd2014-11-012015-10-31PLLC Ltd2014-10-31PLLC Ltd2015-10-31PLLC Ltd2015-10-31PLLC Ltd2016-10-31 2017-07-31