Accounts filed on 31-03-2014
Accounts filed on 31-03-2014
trueVertex Estates Limited022461922014-03-31739708017673972801782273972801781588551588552328272390331122817417180439541303221371141526921161718679221599221616221599221616Basis 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.
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.
Financial Instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.Office furniture and equipmentStraight line0.200022407222407224732456172240722240722473245617Ordinary1001100100Ordinary12222014-08-05Mr.R.V. Douglastruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureVertex Estates Limited2013-04-012014-03-31Vertex Estates Limited2012-04-012013-03-31Vertex Estates Limited2012-03-31Vertex Estates Limited2013-03-31Vertex Estates Limited2013-03-31Vertex Estates Limited2014-03-31 2014-08-18
