Accounts filed on 31-01-2016
Accounts filed on 31-01-2016
trueX-CEL WellSolutions LtdSC4673742016-01-31688145823668914583361001006891458336240503073492964890705973349476496622708410939576560410302375068365528103323139594289663706942652525Basis 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 January 2015).
Turnover
The turnover shown in the profit and loss account represents services provided during the year, exclusive of Value Added Tax at the standard rate. The turnover figure includes the adjustment relating to the use of the flat rate VAT scheme.
Hire purchase agreements
Assets held under hire purchase agreements are capitalised and disclosed under tangible fixed
assets at their fair value. The capital element of the future payments is treated as a liability and
the interest is charged to the profit and loss account on a straight line basis.
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.
Fixed Assets
All fixed assets are initially recorded at cost.
Motor VehiclesReducing Balance0.2000EquipmentStraight Line0.330040563390491613-991159719809650-3342652525174044828415743353-99115971980-339650Ordinary1001100100Ordinary11001001002016-07-18Mr H M Smithtruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureX-CEL WellSolutions Ltd2015-02-012016-01-31X-CEL WellSolutions Ltd2014-01-142015-01-31X-CEL WellSolutions Ltd2014-01-13X-CEL WellSolutions Ltd2015-01-31X-CEL WellSolutions Ltd2015-01-31X-CEL WellSolutions Ltd2016-01-31 2016-08-02
