Accounts filed on 29-02-2016
Accounts filed on 29-02-2016
trueDotcom Associates Limited066942092016-02-2920600-528820602-52862220602-528624803369704540531684-9821-278946596781385561465349140364523260750157824155522659578520005600032263578Basis 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.
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-over 20 years
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.
Fixtures & FittingsMethod for Fixtures & fittings0.00008000080000280002400040009367891345461415335806893678891345434141293354806Ordinary1000001100000100000Ordinary1222The amount stated for creditors falling due in more than one year consists wholly of interest free loans advanced by the directors for the purposes of acquiring the company's business.2017-07-28Mr A Bewleytruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureDotcom Associates Limited2015-03-012016-02-29Dotcom Associates Limited2014-03-012015-02-28Dotcom Associates Limited2014-02-28Dotcom Associates Limited2015-02-28Dotcom Associates Limited2015-02-28Dotcom Associates Limited2016-02-29 2017-07-28
