Accounts filed on 31-08-2014
Accounts filed on 31-08-2014
trueForex Adviser Limited069891672014-08-31-14854795-1485379611-14853796-14853796-14853796247861870399331949911993219498Basis 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
Turnover represents net invoiced sales of services, excluding value added tax. Income from contracts in respect of which an entitlement has accrued by the balance sheet date, are recognised in accordance with UITF 40, through turnover and as an addition to work in progress.
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.
Ordinary1000000110000001000000Ordinary11112014-11-03Mr T Meadowstruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureForex Adviser Limited2013-09-012014-08-31Forex Adviser Limited2012-09-012013-08-31Forex Adviser Limited2012-08-31Forex Adviser Limited2013-08-31Forex Adviser Limited2013-08-31Forex Adviser Limited2014-08-31 2015-01-30
