Accounts filed on 30-11-2015
Accounts filed on 30-11-2015
truePECS Data Services Limited066209612015-11-30129869186130869286100100130869286143225015631192861287160142222121909142350129069400621127465065657997223974415618321261561832126Basis 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.
Depreciation
No depreciation is charged on the Freehold property.
Work in progress
Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.
Fixed Assets
All fixed assets are initially recorded at cost.
Financial Instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
Plant & MachineryMethod for Plant & equipment0.250016458910000154589840678745321645891000015458984067874532982250Ordinary1000110001000Ordinary11001001002016-08-16S J Littlechildtruetruetruetruexbrli:sharesiso4217:GBPxbrli:purePECS Data Services Limited2014-12-012015-11-30PECS Data Services Limited2013-12-012014-11-30PECS Data Services Limited2013-11-30PECS Data Services Limited2014-11-30PECS Data Services Limited2014-11-30PECS Data Services Limited2015-11-30 2016-08-26
