Accounts filed on 31-10-2016

trueChant Ltd077963472016-10-31-214149-1955308596310458212712729998529998585963104582859631045823430243892005435254352874154351855501018682533801938253380193Basis 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). Intangible Assets The company was engaged in producing software in the year which will be used in the trade. This software was not complete at the year end and therefore no amortisation relating to this is included in the accounts. 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 liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability. Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity. 8253380193234082533801932340Ordinary12717390.0001127127Ordinary0.000112712712717392017-09-18Mr D Morrelltruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureChant Ltd2015-11-012016-10-31Chant Ltd2014-11-012015-10-31Chant Ltd2014-10-31Chant Ltd2015-10-31Chant Ltd2015-10-31Chant Ltd2016-10-31 2017-09-18