Accounts filed on 30-06-2014
Accounts filed on 30-06-2014
trueCatherine Carter Limited050070682014-06-303162337532623475100100326234751370184005295463210610-9453-77021496112701550849993092024164999140851831207501408517562Basis 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
The turnover shown in the profit and loss account represents amounts invoiced during the year.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over
the useful economic life of that asset as follows:
Goodwill-10% straight line
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance
for obsolete and slow moving items.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date
where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax. Deferred tax is measured on a discounted/an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.Fixed Assets
All fixed assets are initially recorded at cost.
Fixtures & Fittingsreducing balance0.2500Equipmentreducing balance0.3300Leasehold Propertystraight line0.200015000150001500014250750495714957135486320093477645716457150486462594227Ordinary1000110001000Ordinary1100100100During the year the company made a non interest bearing loan to the director. The maximum amount outstanding and the amount outstanding at the end of the year was £3,092 (2013: £0).2015-02-27Mrs C Cartertruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureCatherine Carter Limited2013-07-012014-06-30Catherine Carter Limited2012-07-012013-06-30Catherine Carter Limited2012-06-30Catherine Carter Limited2013-06-30Catherine Carter Limited2013-06-30Catherine Carter Limited2014-06-30 2015-03-11
