Accounts filed on 31-10-2014

truePROLANT LIMITED074219922014-10-31-12636-14585228772092810010035413354132287720928729090756982751967777910168621193244389638001725171970441806821911154449175133583346584666460277461597123069123069Basis of accounting The financial statements have been prepared under the historical cost convention, modified to include the revaluation of certain fixed assets, 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. Depreciation Investment properties are included in the financial statements at open market value. No depreciation is provided on such properties in compliance with the Financial Reporting for Smaller Entities. This is a departure from the Companies Act requirements and is necessary to show a true and fair view. 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. Investments Fixed asset investments are shown at cost less amounts written off. Motor VehiclesWritten Down Value0.2000EquipmentWritten Down Value0.2000464433464433415628361320The investment property was revalued by Mr Eugenios Eugenio (Director) on 31 October 2014 on the open market basis. On an historical cost basis this would have been included at an original cost of £419,587. 123069123069587502587502415628361320 The investment property was revalued by Mr Eugenios Eugenio (Director) on 31 October 2014 on the open market basis. On an historical cost basis this would have been included at an original cost of £419,587. Ordinary1000110001000Ordinary1100100100Post balance sheet eventsThe effect of events relating to the period ended 31st October 2014 which occurred before the date of approval of the financial statements by the board of the directors, have been included to the extent required to show a true and fair view of the state of affairs at 31st October 2014 and of the results for the period ended on that date.2015-05-26Mr E Eugeniotruetruetruetruexbrli:sharesiso4217:GBPxbrli:purePROLANT LIMITED2013-11-012014-10-31PROLANT LIMITED2012-11-012013-10-31PROLANT LIMITED2012-10-31PROLANT LIMITED2013-10-31PROLANT LIMITED2013-10-31PROLANT LIMITED2014-10-31 2015-06-04