Accounts filed on 31-12-2014


trueEradibac Limited046753522014-12-3191174123851912741239511001009127412395191274123951891011209289967264969906814742492233210510191019888261143002173302321733023Basis 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. Deferred taxation Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax. Deferred tax is measured on a discounted/an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.Fixed Assets All fixed assets are initially recorded at cost. Motor Vehiclesreducing balance0.2500Computer equipmentstraight line0.330079267926575349038507926792657534903850Ordinary1000110001000Ordinary11001001002015-09-03Mr P Alexandertruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureEradibac Limited2014-01-012014-12-31Eradibac Limited2013-01-012013-12-31Eradibac Limited2012-12-31Eradibac Limited2013-12-31Eradibac Limited2013-12-31Eradibac Limited2014-12-31 2015-09-04