Accounts filed on 31-03-2014

trueCleanwise Limited036628852014-03-312593221560461493221960461960040000-12960001493221960460345725149322541771129843-41731193316268869323159227138319095217689406494491947958350219479583502Basis 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 April 2008). Turnover The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax. 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. 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. Land & BuildingsStraight line0.0200Fixtures & FittingsReducing balance0.150075775734854-659079562961513528375-10343175775734854-65907956296151352-1034318375Ordinary4000014000040000Ordinary1196004000019600Balance sheet Spare note 21 (user defined)Ultimate Controlling Party The company is under the control of D R Williams and T L Williams who between then hold all of the issued share capital of the company.2014-12-02D R WilliamsT L WilliamsDirectortruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureCleanwise Limited2013-04-012014-03-31Cleanwise Limited2012-04-012013-03-31Cleanwise Limited2012-03-31Cleanwise Limited2013-03-31Cleanwise Limited2013-03-31Cleanwise Limited2014-03-31 2014-12-03