Accounts filed on 31-08-2016
Accounts filed on 31-08-2016
trueMediskills LimitedSC1882232016-08-3110245279261034528026100100103452802610345280261034228023166142449226956525151248131391718018860852820516331122Basis 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.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over
the useful economic life of that asset as follows:
Website Development- 25% on cost
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance
for obsolete and slow moving items.
Fixed Assets
All fixed assets are initially recorded at cost.
EquipmentMethod for Equipment0.2500Prototype MouldsMethod for Fixed asset 70.250073387338733773373049230492304903049037830378303782737827Ordinary1001100100Ordinary11001001002017-05-03Mr J Kellytruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureMediskills Limited2015-09-012016-08-31Mediskills Limited2014-09-012015-08-31Mediskills Limited2014-08-31Mediskills Limited2015-08-31Mediskills Limited2015-08-31Mediskills Limited2016-08-31 2017-05-18
