Accounts filed on 30-06-2014


trueNEB Ventures Ltd081236762014-06-303374624861339462506120020033946250613394625061231-1536227153427722738427410116231143412533610145081236633715404233371540423Basis 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. Stocks Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. 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. Fixtures & Fittingsreducing balance0.1500Equipmentstraight line0.20004733846625713136236202742147338466257131362362027421Ordinary2001200200Ordinary12002002002014-10-06Mrs J WilsonMr J WilsonDirectortruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureNEB Ventures Ltd2013-07-012014-06-30NEB Ventures Ltd2012-06-282013-06-30NEB Ventures Ltd2012-06-27NEB Ventures Ltd2013-06-30NEB Ventures Ltd2013-06-30NEB Ventures Ltd2014-06-30 2015-02-28