Accounts filed on 30-09-2015
Accounts filed on 30-09-2015
trueToggs Hair Ltd055666222015-09-30-14639-14664-14638-1466311-14638-14663110600-3578-14663-5668-16895175682029811900340365003403540002090223220902232Basis 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.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance
for obsolete and slow moving items.
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 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.
Plant & MachineryStraight Line0.2000470074613787044917439051012470074613787044917439051012110600Ordinary1111Ordinary11112016-05-25Mrs J Naylortruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureToggs Hair Ltd2014-10-012015-09-30Toggs Hair Ltd2013-10-012014-09-30Toggs Hair Ltd2013-09-30Toggs Hair Ltd2014-09-30Toggs Hair Ltd2014-09-30Toggs Hair Ltd2015-09-30 2016-06-07