Accounts filed on 31-08-2015
Accounts filed on 31-08-2015
truePersonnel Link Ltd091689022015-08-31-1511631884470003188431884-38991413810239890513343578335783Basis 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 period.
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.
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.
Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.
Leasehold PropertyOver the term of the lease0.0000374933749317101710374933749317101710Ordinary470001470000Ordinary14700047000Ordinary14700047000470002016-05-07Mr H Omartruetruetruetruexbrli:sharesiso4217:GBPxbrli:purePersonnel Link Ltd2014-08-112015-08-31Personnel Link Ltd2013-09-012014-08-10Personnel Link Ltd2013-08-31Personnel Link Ltd2014-08-10Personnel Link Ltd2014-08-10Personnel Link Ltd2015-08-31 2016-05-11
