Accounts filed on 31-12-2016
Accounts filed on 31-12-2016
trueFT Technologies (INTL) Ltd064233782016-12-312289151120512522920011207975285028502292001120797522920011207975229200112079756211207086112913121191658688052313110692032598605517Basis 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
Turnover is the total amount receivable by the company for goods supplied and services rendered, excluding VAT.
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.
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Ordinary1000000110000001000000Ordinary12850285028502017-05-12Dr S Kapartis-Executive Chairmantruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureFT Technologies (INTL) Ltd2015-12-302016-12-31FT Technologies (INTL) Ltd2015-01-012015-12-29FT Technologies (INTL) Ltd2014-12-31FT Technologies (INTL) Ltd2015-12-29FT Technologies (INTL) Ltd2015-12-29FT Technologies (INTL) Ltd2016-12-31 2017-09-14
