Accounts filed on 31-08-2014
Accounts filed on 31-08-2014
trueM & L Associates Limited030908362014-08-3123517123717322237173237173-316-587755865407242595352385930200423553760553760Basis 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.
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 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.Equipmenton cost0.200070037003645062432077003700364506243207Ordinary1001100100Ordinary12222015-03-05Mrs D Sivlaltruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureM & L Associates Limited2013-09-012014-08-31M & L Associates Limited2012-09-012013-08-31M & L Associates Limited2012-08-31M & L Associates Limited2013-08-31M & L Associates Limited2013-08-31M & L Associates Limited2014-08-31 2015-03-17
