Accounts filed on 30-06-2014

trueDACOPY LIMITED058585902014-06-30-31645-36017-31643-3601522-31643-36015-31643-36015-33604-386303596742731236341011801793200020001833081961261519612615Basis 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. 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. Amortisation Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows: Franchise-20% straight line basis. Stocks Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. 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.Going Concern The financial statements have been prepared on the going concern basis which assumes that the company will continue in operational existence for the foreseeable future. The validity of this assumption depends on the ability of the company to generate profits in the future. The director believes this to be well founded based on current and expected future levels of activity. The financial statements do not include any adjustments that would result if sufficient profits were not generated.Plant & Machineryreducing balance0.2500Motor Vehiclesreducing balance0.2500120001200012000120001795617956159951534165429956299562799527341654Ordinary1001100100Ordinary12222015-03-17Mr D C Pygotttruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureDACOPY LIMITED2013-07-012014-06-30DACOPY LIMITED2012-07-012013-06-30DACOPY LIMITED2012-06-30DACOPY LIMITED2013-06-30DACOPY LIMITED2013-06-30DACOPY LIMITED2014-06-30 2015-03-19