Accounts filed on 31-03-2016


trueNorth Lakes Plumbing & Heating Limited091710482016-03-3112854228154100100228154228154-3415-35961627416893128591329758298703300300673042943643375036433750Basis 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. Stocks Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. 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.Motor VehiclesReducing balance0.2500EquipmentStraight line0.2500610850001108246512501215610850001108246512501215Ordinary1001100100Ordinary11001001002016-12-19Mr R Dickstruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureNorth Lakes Plumbing & Heating Limited2015-04-012016-03-31North Lakes Plumbing & Heating Limited2014-08-122015-03-31North Lakes Plumbing & Heating Limited2014-08-11North Lakes Plumbing & Heating Limited2015-03-31North Lakes Plumbing & Heating Limited2015-03-31North Lakes Plumbing & Heating Limited2016-03-31 2016-12-19