Accounts filed on 31-01-2016

trueRiskWatch Ltd035130742016-01-3194254824609435482560100100943548256094354825609369581681933019688103025101369740687428957101295659879659879Basis 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, inclusive of Value Added Tax as the company is operating the Flat Rate Scheme for VAT. The VAT expense is shown separately in the overhead costs as an expense. 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. Fixed Assets All fixed assets are initially recorded at cost. EquipmentMethod for Equipment0.0000179617961137917220179617961137917220Ordinary1000011000010000Ordinary1100100100During the year, the company made various loans to the director totalling £70,961 and which were, still owing to the company at the year end. The maximum loan outstanding at any time was £79,758. Interest was charged on the average outstanding balance for the period. £25,000 of the loan was repaid on 1 March 2016.2016-06-22Mr S Wilsontruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureRiskWatch Ltd2015-02-012016-01-31RiskWatch Ltd2014-02-012015-01-31RiskWatch Ltd2014-01-31RiskWatch Ltd2015-01-31RiskWatch Ltd2015-01-31RiskWatch Ltd2016-01-31 2016-06-28