Accounts filed on 31-12-2013
Accounts filed on 31-12-2013
trueExtrade International Limited044947412013-12-31-116396-48600-116395-4859911-116395-48599-116395-48599-117103-50016117310104577207545611272456103000080070814177081417Basis 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.
Fixed Assets
All fixed assets are initially recorded at cost.
Financial Instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into.
EquipmentStraight line0.250098849884917684677099884988491768467709Ordinary1000110001000Ordinary11112014-09-22D Lottertruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureExtrade International Limited2013-01-012013-12-31Extrade International Limited2012-01-012012-12-31Extrade International Limited2011-12-31Extrade International Limited2012-12-31Extrade International Limited2012-12-31Extrade International Limited2013-12-31 2014-09-22
