Accounts filed on 31-05-2015

trueCamflats Ltd020208802015-05-3119394081840113748553964549711810001810005276547434527488584885847485539645497153647078691580220097241886223419723842472783215357607750174125960324499354959543272386359975787812485763957878124857639Basis of accounting The financial statements have been prepared under the historical cost convention, modified to include the revaluation of certain fixed assets, 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. Pension costs The company operates a defined pension scheme for employees. The assets of the scheme are held separately from those of the company. The annual contributions payable are charged to the profit and loss account. Deferred taxation Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax, with the following exceptions: Provision is made for tax on gains arising from the revaluation (and similar fair value adjustments) of fixed assets, and gains on disposal of fixed assets that have been rolled over into replacement assets, only to the extent that, at the balance sheet date, there is a binding agreement to dispose of the assets concerned. However, no provision is made where, on the basis of all available evidence at the balance sheet date, it is more likely than not that the taxable gain will be rolled over into replacement assets and charged to tax only where the replacement assets are sold. Deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date. 57878124857639-110093127357878124857639-1100931273Ordinary1810001181000181000Ordinary11810001810001810002016-02-29Mr C R Dyasontruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureCamflats Ltd2014-06-012015-05-31Camflats Ltd2013-06-012014-05-31Camflats Ltd2013-05-31Camflats Ltd2014-05-31Camflats Ltd2014-05-31Camflats Ltd2015-05-31 2016-02-29