Accounts filed on 04-04-2015
Accounts filed on 04-04-2015
trueMags Worldwide Limited039011712015-04-04179919618011982218011981801198-2825-2735226031309419778103591382010359595804626293346262933Basis 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.
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.
Fixtures & FittingsReducing balance0.2000EquipmentReducing balance0.2500885257113141422627781448885257113141422627781448Ordinary1000110001000Ordinary12222015-12-21Mrs M Shawtruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureMags Worldwide Limited2014-04-052015-04-04Mags Worldwide Limited2013-04-052014-04-04Mags Worldwide Limited2013-04-04Mags Worldwide Limited2014-04-04Mags Worldwide Limited2014-04-04Mags Worldwide Limited2015-04-04 2015-12-23