Accounts filed on 31-12-2014


trueG M ASSETS LIMITED056538982014-12-311318013070132801317010010013280131701328013170-30242-351873201840063177648761776487643522483574352248357Basis 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. 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.EquipmentMethod for Equipment0.00005784857848143269491483557848578481432694914835Ordinary1000001100000100000Ordinary11001001002015-09-29G Mahmoodtruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureG M ASSETS LIMITED2014-01-012014-12-31G M ASSETS LIMITED2013-01-012013-12-31G M ASSETS LIMITED2012-12-31G M ASSETS LIMITED2013-12-31G M ASSETS LIMITED2013-12-31G M ASSETS LIMITED2014-12-31 2015-09-30