Accounts filed on 31-12-2013
Accounts filed on 31-12-2013
trueMoneytree Financial Solutions Limited067498962013-12-31-101683-75606-101681-7560422-101681-75604-101681-75604-273581-26920427384326920626222622171900193600171900193600Basis 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.
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:
Goodwill-10% on cost
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.
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.217000217000451002340021700217000217000451002340021700Ordinary1000110001000Ordinary12222014-11-24P C Forstertruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureMoneytree Financial Solutions Limited2013-01-012013-12-31Moneytree Financial Solutions Limited2012-01-012012-12-31Moneytree Financial Solutions Limited2011-12-31Moneytree Financial Solutions Limited2012-12-31Moneytree Financial Solutions Limited2012-12-31Moneytree Financial Solutions Limited2013-12-31 2014-11-24
