Accounts filed on 31-03-2015
Accounts filed on 31-03-2015
trueGeorge's Industrial Services Limited01036475151 6223 952015-03-311708525741921085219328740000400000958682108521932872108521932871548291196756142957703216258177378104529535485466550607570647322356023736125602373612Basis 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, 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.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance
for obsolete and slow moving items.
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 & Machineryreducing balance0.2000Fixtures & Fittingsreducing balance0.2000Motor Vansreducing balance0.2000Office Equipmentreducing balance0.2000Leasehold Propertyperiod of lease0.0000
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
710188734419-2423165416566080714005-20647710188734419-24231654165660807-2064714005Ordinary1000001100000100000Ordinary14000040000400002015-09-11Mr N Karaniatruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureGeorge's Industrial Services Limited2014-04-012015-03-31George's Industrial Services Limited2013-04-012014-03-31George's Industrial Services Limited2013-03-31George's Industrial Services Limited2014-03-31George's Industrial Services Limited2014-03-31George's Industrial Services Limited2015-03-31 2015-09-11
