Accounts filed on 31-03-2016
Accounts filed on 31-03-2016
trueFloating Technologies Limited040260642016-03-315442679206545267930610010054526793065452679306545257930516595398747112011917986184268625021149111111Basis 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, exclusive of Value Added Tax.
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.
Computer equipmentStraight line0.330019741974197319731974197419731973Ordinary1000110001000Ordinary11001001002016-11-29A Callanantruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureFloating Technologies Limited2015-04-012016-03-31Floating Technologies Limited2014-04-012015-03-31Floating Technologies Limited2014-03-31Floating Technologies Limited2015-03-31Floating Technologies Limited2015-03-31Floating Technologies Limited2016-03-31 2016-12-19