Accounts filed on 30-04-2015
Accounts filed on 30-04-2015
trueGlobal Actuarial Services Limited066354062015-04-302745532702552746532703551001002746532703551321161000004067693703552321671953302591051287524912723240823005803098301906921425217460217502517333117333112711694Basis 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.
Intangible Assets
Intangible assets acquired separately from a business are capitalised at cost. Intangible assets acquired as part of an acquisition of a business are capitalised separately from goodwill if the fair
value can be measured reliably on initial recognition, subject to the constraint that, unless the asset
has a readily ascertainable market value, the fair value is limited to an amount that does not create or
increase any negative goodwill arising on the acquisition. Intangible assets, excluding development costs,
created within the business are not capitalised and expenditure is charged against profits in the year in
which it is incurred.
Intangible assets are amortised on a straight line basis over their estimated useful lives up to a maximum
of 20 years. The carrying value of intangible assets is reviewed for impairment at the end of the first full
year following acquisition and in other periods if events or changes in circumstances indicate the carrying
value may not be recoverable.
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.
Factoring
Where debts are factored, the gross amount of debt is included within the company's sales ledger, with advances secured under the factoring arrangement shown by way of liability.
Fixtures & FittingsMethod for Fixtures & fittings0.0000
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
173331173331292629261655123242317625717625716551232423Ordinary A2000.204040Ordinary B2000.102020Ordinary C2000.102020Ordinary D2000.102020Ordinary A0.204040200Ordinary B0.102020200Ordinary C0.102020200Ordinary D0.102020200The following loans to directors subsisted during the years ended 30 April 2015 and 30 April 2014:
H Beukes resigned as a director on 30 January 2015.
2016-01-29Mr J A Beukestruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureGlobal Actuarial Services Limited2014-05-012015-04-30Global Actuarial Services Limited2013-05-012014-04-30Global Actuarial Services Limited2013-04-30Global Actuarial Services Limited2014-04-30Global Actuarial Services Limited2014-04-30Global Actuarial Services Limited2015-04-30 2016-01-29
