Accounts filed on 31-10-2015
Accounts filed on 31-10-2015
trueFit For Purpose Limited078582592015-10-3110784670903107847709041110784770904107847709041071016966130883268871379849654814927130651230578348374612437461243Basis 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.
In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.
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.
Pension costs
The company operates a defined contribution 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.
Fixed Assets
All fixed assets are initially recorded at cost.
Financial Instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.EquipmentMethod for Equipment0.000027822782203615394972782278220361539497Ordinary1111Ordinary11112016-03-24Mr C Clennelltruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureFit For Purpose Limited2014-11-012015-10-31Fit For Purpose Limited2013-11-012014-10-31Fit For Purpose Limited2013-10-31Fit For Purpose Limited2014-10-31Fit For Purpose Limited2014-10-31Fit For Purpose Limited2015-10-31 2016-05-04
