Accounts filed on 30-04-2016
Accounts filed on 30-04-2016
truePaul Scala Limited080178792016-04-30868928786992881186992888699288-176581262958827670278233579643241003423499257622634116226341162Basis 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 April 2008).
Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.
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.
EquipmentStraight line0.2500
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.
506123242737242711621265506123242737242711621265Ordinary1111Ordinary11112017-01-30Mr P Scalatruetruetruetruexbrli:sharesiso4217:GBPxbrli:purePaul Scala Limited2015-05-012016-04-30Paul Scala Limited2014-05-012015-04-30Paul Scala Limited2014-04-30Paul Scala Limited2015-04-30Paul Scala Limited2015-04-30Paul Scala Limited2016-04-30 2017-01-31
