Accounts filed on 31-10-2015
Accounts filed on 31-10-2015
trueLittle Acorns Limited030881332015-10-31161936774471619387744922161938774496084511625467790015842572582124400992902828251718721865458890096280829724121531841215318Basis 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 receivable for goods and services provided during the year in the normal course of business, net of trade discounts, VAT and other sales and related taxes.
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.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax.
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 & Machineryreducing balance0.2500Fixtures & Fittingsreducing balance0.2500791867900917775065736911374791867900917775065736911374Ordinary6000160006000Ordinary1222Ultimate parent companyAt the year end the company was a 100% subsidiary of Merims Limited.2016-06-30P F Wridetruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureLittle Acorns Limited2014-11-012015-10-31Little Acorns Limited2013-11-012014-10-31Little Acorns Limited2013-10-31Little Acorns Limited2014-10-31Little Acorns Limited2014-10-31Little Acorns Limited2015-10-31 2016-07-11
