Accounts filed on 30-11-2016
Accounts filed on 30-11-2016
truePATARA CONSULTING LTD083015652016-11-3063710627556371162756116371162756637116275662630614312803594465433673753719080640510028243542111081132510811325Basis 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).
The principal activity of the company is exposed to inherent uncertainties and global market fluctuations beyond the control of the management of the company. The company meets its working capital requirements from its day to day activities in this market place and the director considers that the company will continue to operate on this basis and that it is appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would result from a downturn in the market in which it operates.
The company has taken advantage of the exemption in Financial Reporting Standard number 1 from the requirement to produce a cash flow statement on the grounds that it is a small company.
Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.
Work in progress
Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.
Fixed Assets
All fixed assets are initially recorded at cost.
Equipmentstraight line0.3333258719776101506652854258719776101506652854Ordinary1111Ordinary11112017-08-07Miss H Akyueztruetruetruetruexbrli:sharesiso4217:GBPxbrli:purePATARA CONSULTING LTD2015-12-012016-11-30PATARA CONSULTING LTD2014-12-012015-11-30PATARA CONSULTING LTD2014-11-30PATARA CONSULTING LTD2015-11-30PATARA CONSULTING LTD2015-11-30PATARA CONSULTING LTD2016-11-30 2017-08-30
