Accounts filed on 31-08-2016

trueTolford Limited023636982016-08-31-10688-8128-10686-812622-10686-8126-10686-8126-11019-947313213115362194206337198521577833313473331347Basis 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 liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. Plant & MachineryReducing Balance0.2500Fixtures & FittingsReducing Balance0.10006774677464415427101467746774644154271014Ordinary1000110001000Ordinary12222017-03-23S M Wilkietruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureTolford Limited2015-09-012016-08-31Tolford Limited2014-09-012015-08-31Tolford Limited2014-08-31Tolford Limited2015-08-31Tolford Limited2015-08-31Tolford Limited2016-08-31 2017-04-03