Accounts filed on 30-04-2016
Accounts filed on 30-04-2016
trueTryit Solutions Limited036860792016-04-3044306407453065071001004530650745306507-7563-519638627313053106426109106309074204341703512093117031209311703Basis 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.
In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.
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.
Furniture and equipment20% reducing balance method0.000036442330293413243492132630233644233029341324349213263023Ordinary1001100100Ordinary11001001002017-01-25W Briffatruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureTryit Solutions Limited2015-05-012016-04-30Tryit Solutions Limited2014-05-012015-04-30Tryit Solutions Limited2014-04-30Tryit Solutions Limited2015-04-30Tryit Solutions Limited2015-04-30Tryit Solutions Limited2016-04-30 2017-01-26
