| 1. Statutory Information |
| NEWBROOK CAPITAL SOLUTIONS LLP is a Limited Liability partnership, registration number OC450315. |
|
| 2. Accounting Policies |
| Basis of preparing the financial statement |
| The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention. |
|
| Presentation Currency |
| The accounts are presented in £ sterling. |
| Turnover |
|
| Turnover is stated net of VAT. Turnover represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due. Where a contract has only been partially completed at the balance sheet date, turnover represents the value of the services provided to date based on a proportion of the total contract value. Where payments are received from customers in advance of services provided, the amounts are recorded as Deferred Income and included as part of Creditors due within one year. |
|
|
| Tangible Fixed Asset Policy |
| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.Fixtures and fittings - 33% on costComputer equipment - 33% on cost |