Accounts filed on 31-12-2015
Accounts filed on 31-12-2015
trueFirst Base Old Street Limited034651372015-12-3119263085511927308651100100192730865146004600792367064127656683892172267463032774003524764496673987792879952471651616721516141042993758910429937589Basis 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).
The accounts have been prepared on a going concern basis in the expectation of continued support of its parent company and fellow subsidiaries.
Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year.
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.
Deferred taxation
The provision for deferred tax consists of the tax effect of timing differences in respect of the excess of taxation allowances over depreciation of fixed assets.
Fixed Assets
All fixed assets are initially recorded at cost.
Fixtures & FittingsReducing balance0.2000EquipmentReducing balance0.2500Leasehold PropertyStraight line0.050029501021396981041190711176380143312950102139698104119071117638014331Ordinary1000000.0110001000Ordinary0.01100100100002016-09-29Mr P Strangwardtruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureFirst Base Old Street Limited2015-01-012015-12-31First Base Old Street Limited2014-01-012014-12-31First Base Old Street Limited2013-12-31First Base Old Street Limited2014-12-31First Base Old Street Limited2014-12-31First Base Old Street Limited2015-12-31 2016-09-29
