Accounts filed on 31-10-2016

trueHerodotos Limited031178572016-10-311223702113279312247021133793100010001224702113379312247021133793-635637-7302911123542111399748790538370624347482764635583354301860339186408418603391864084Basis 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. 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. Investment properties The leasehold investment property is included in the balance sheet at cost and is not subject to depreciation on the grounds of having a 999 year lease, which commenced on 10.1.1996.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. Fixtures & Fittingson Written Down Value0.25001892998189299832659289143745At the balance sheet date, the leasehold buildings were included at a value of £1,715,965 (2015 £1,715,965) on a historical cost basis. The leasehold property at 8 Devonshire Place, London W1 is held as First Legal Charge against the Bank Loans of £997,462 (2015: £997,462). 1892998189299832659289143745 At the balance sheet date, the leasehold buildings were included at a value of £1,715,965 (2015 £1,715,965) on a historical cost basis. The leasehold property at 8 Devonshire Place, London W1 is held as First Legal Charge against the Bank Loans of £997,462 (2015: £997,462). Bank loans totalling £997,462 (2014-£997,462) are secured by a 1st legal charge over the leasehold property at 8 Devonshire Place, London W1. Bank loans totalling £997,462 (2014-£997,462) are wholly repayable within 1 year. Ordinary1000110001000Ordinary11000100010002017-04-03Mr A Kotsistruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureHerodotos Limited2015-11-012016-10-31Herodotos Limited2014-11-012015-10-31Herodotos Limited2014-10-31Herodotos Limited2015-10-31Herodotos Limited2015-10-31Herodotos Limited2016-10-31 2017-04-06