Accounts filed on 31-07-2014

trueHollybox Limited037411282014-07-31384173227083384273227183100100384273227183384273227183299109165067414713294235713822459302967107232461711238697885164621168516462116Basis 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 the realisable value of work undertaken during the year, exclusive of Value Added Tax. Hire purchase agreements Assets held under hire purchase agreements are capitalised and disclosed under tangible fixed assets at their fair value. The capital element of the future payments is treated as a liability and the interest is charged to the profit and loss account on a straight line basis. 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.Plant & Machinerystraight line0.2500Equipmentstraight line0.330018424322576246300-878199907916364623253-8782018424322576246300-8781999079163646-8782023253Ordinary1000011000010000Ordinary11001001002015-03-02D Beretruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureHollybox Limited2013-08-012014-07-31Hollybox Limited2012-08-012013-07-31Hollybox Limited2012-07-31Hollybox Limited2013-07-31Hollybox Limited2013-07-31Hollybox Limited2014-07-31 2015-03-06