Accounts filed on 31-03-2016
Accounts filed on 31-03-2016
trueAqua Fire Limited075961622016-03-3143941539141100100539141539141539141590585516444869258738192500500710Basis 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 amounts invoiced during the year.
Depreciation
Motor vehicles - 25% straight line
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance
for obsolete and slow moving items.
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.
Fixed Assets
All fixed assets are initially recorded at cost.
Motor VehiclesMethod for Motor vehicles0.000020642064206420642064206420642064Ordinary1001100100Ordinary11001001002016-10-24Mr P Masontruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureAqua Fire Limited2015-04-012016-03-31Aqua Fire Limited2014-04-012015-03-31Aqua Fire Limited2014-03-31Aqua Fire Limited2015-03-31Aqua Fire Limited2015-03-31Aqua Fire Limited2016-03-31 2016-12-05
