Accounts filed on 31-03-2015

trueNouvatan Limited081188392015-03-318133295982333059100100823330598233305979502493756708974483620922371862120325816078117779598283566283566Basis 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 realisable value of work undertaken during the period, 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 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 Equipment0.0000849849566283283849849566283283Ordinary1001100100Ordinary11001001002015-12-02D V Plummertruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureNouvatan Limited2014-04-012015-03-31Nouvatan Limited2013-04-012014-03-31Nouvatan Limited2013-03-31Nouvatan Limited2014-03-31Nouvatan Limited2014-03-31Nouvatan Limited2015-03-31 2015-12-22