Accounts filed on 31-03-2015
Accounts filed on 31-03-2015
trueM S Welding Limited089359952015-03-31109991100011100011000-57771714511368463125064871677716777Basis 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 the value of goods and services provided during the period, 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 period, 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.
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.
Fixed Assets
All fixed assets are initially recorded at cost.
Plant & MachineryMethod for Plant & equipment0.0000Motor VehiclesMethod for Motor vehicles0.00002027920779-50035023596-942027920779-5003502-943596Ordinary1110Ordinary111Ordinary11112015-10-06Mr M A Stylestruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureM S Welding Limited2014-03-122015-03-31M S Welding Limited2013-04-012014-03-11M S Welding Limited2013-03-31M S Welding Limited2014-03-11M S Welding Limited2014-03-11M S Welding Limited2015-03-31 2015-10-26
