Accounts filed on 31-12-2015
Accounts filed on 31-12-2015
trueConcept Homes Limited039322912015-12-31-3390760-3393548-3390660-3393448100100-3390660-339344817693051769505-1621355-1623943-1621356-162422316213691624389131661316612801280Basis 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).
Going Concern
The company's accounts are prepared on the going concern basis, on the assumption that the financial support would continue to be provided to the company by the banks, investors and directors of the company.
Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year.
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.
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.
Fixtures & FittingsStraight line0.200024822482248122022792482248224812202279Ordinary1001100100Ordinary1100100100Balance sheet Spare note 27 (user defined)GOING CONCERN
The company's ability to continue trading is dependent on the ongoing financial
support of the bank, investors and the directors.
2016-09-24Mr M Slatertruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureConcept Homes Limited2015-01-012015-12-31Concept Homes Limited2014-01-012014-12-31Concept Homes Limited2013-12-31Concept Homes Limited2014-12-31Concept Homes Limited2014-12-31Concept Homes Limited2015-12-31 2016-09-30
