Accounts filed on 31-08-2015


trueGreek Archipelago Limited057231502015-08-31-100369-102464-100367-10246222-100367-102462-100367-102462-100367-102462100367102462Basis 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. 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. EquipmentMethod for Equipment0.0000 Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit. 818818818818818818818818Ordinary1000110001000Ordinary12222016-05-25Mr I Chatziioannoutruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureGreek Archipelago Limited2014-09-012015-08-31Greek Archipelago Limited2013-09-012014-08-31Greek Archipelago Limited2013-08-31Greek Archipelago Limited2014-08-31Greek Archipelago Limited2014-08-31Greek Archipelago Limited2015-08-31 2016-05-25