Accounts filed on 29-02-2016
Accounts filed on 29-02-2016
trueDrink Warehouse UK Limited071663962016-02-291034371050410353710604100100103537106044583024908293014347317866878985-51296-4654567718260128962588655474413793022723434431424227714364285233229964125530229964125530Basis 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 January 2015).
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.
Hire purchase agreements
Assets held under hire purchase agreements are capitalised and disclosed under tangible fixed
assets at their fair value. The capital element of the future payments is treated as a liability and
the interest is charged to the profit and loss account on a straight line basis.
Deferred taxation
Deferred tax is provided in full in respect of taxation deferred by timing differences between the
treatment of certain items for taxation and accounting purposes. The deferred tax balance has not
been discounted.
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.Fixtures & FittingsMethod for Fixtures & fittings0.0000Motor VehiclesMethod for Motor vehicles0.0000Leasehold PropertyMethod for Leasehold property0.0000315254176446138808852905091634374315254176446138808852905091634374Ordinary1001100100Ordinary11001001002016-04-18M J Curtistruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureDrink Warehouse UK Limited2015-03-012016-02-29Drink Warehouse UK Limited2014-03-012015-02-28Drink Warehouse UK Limited2014-02-28Drink Warehouse UK Limited2015-02-28Drink Warehouse UK Limited2015-02-28Drink Warehouse UK Limited2016-02-29 2016-04-18
