Accounts filed on 30-06-2015
Accounts filed on 30-06-2015
trueNEB Ventures Ltd081236762015-06-304125833746414583394620020041458339464145833946141452313390427153480492738411524116239771253355481450827313337152731333715Basis 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.
Fixtures & Fittingsreducing balance0.1500Equipmentstraight line0.2000481304733879220817136237194481304733879220817136237194Ordinary2001200200Ordinary12002002002016-01-12Mrs J Wilsontruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureNEB Ventures Ltd2014-07-012015-06-30NEB Ventures Ltd2013-07-012014-06-30NEB Ventures Ltd2013-06-30NEB Ventures Ltd2014-06-30NEB Ventures Ltd2014-06-30NEB Ventures Ltd2015-06-30 2016-02-07