Accounts filed on 30-04-2016
Accounts filed on 30-04-2016
trueKRG Consultants Limited054259812016-04-3080980981181122811811811811-2894-44084689963689534661023645451268021172863393002472593705521937055219Basis 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).
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.
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.
EquipmentMethod for Equipment0.0000
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
9766937339360614154190797669373393606141541907Ordinary1000110001000Ordinary12222016-12-22Mr K Tahirtruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureKRG Consultants Limited2015-05-012016-04-30KRG Consultants Limited2014-05-012015-04-30KRG Consultants Limited2014-04-30KRG Consultants Limited2015-04-30KRG Consultants Limited2015-04-30KRG Consultants Limited2016-04-30 2016-12-22
