D.Casswell Limited |
Notes to the Accounts |
for the year ended 31 March 2019 |
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1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
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Turnover |
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Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. |
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Tangible fixed assets |
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Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
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Motor vehicles |
25% reducing balance |
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Plant and machinery |
25% reducing balance |
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Computer equipment |
25% reducing balance |
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Debtors |
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Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. |
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Creditors |
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Short term creditors are measured at transaction price (which is usually the invoice price). |
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Taxation |
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A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. |
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2 |
Employees |
2019 |
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2018 |
Number |
Number |
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Average number of persons employed by the company |
1 |
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1 |
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3 |
Tangible fixed assets |
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Computer equipment |
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Plant and machinery |
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Motor vehicles |
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Total |
£ |
£ |
£ |
£ |
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Cost |
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At 1 April 2018 |
1,178 |
|
2,195 |
|
9,606 |
|
12,979 |
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At 31 March 2019 |
1,178 |
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2,195 |
|
9,606 |
|
12,979 |
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Depreciation |
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At 1 April 2018 |
1,177 |
|
2,194 |
|
8,644 |
|
12,015 |
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Charge for the year |
- |
|
- |
|
240 |
|
240 |
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At 31 March 2019 |
1,177 |
|
2,194 |
|
8,884 |
|
12,255 |
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Net book value |
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At 31 March 2019 |
1 |
|
1 |
|
722 |
|
724 |
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At 31 March 2018 |
1 |
|
1 |
|
962 |
|
964 |
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4 |
Debtors |
2019 |
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2018 |
£ |
£ |
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Other debtors |
2,608 |
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2,567 |
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5 |
Creditors: amounts falling due within one year |
2019 |
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2018 |
£ |
£ |
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Trade creditors |
- |
|
396 |
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Taxation and social security costs |
399 |
|
69 |
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Other creditors |
3,056 |
|
1,231 |
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3,455 |
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1,696 |
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6 |
Other information |
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D.Casswell Limited is a private company limited by shares and incorporated in England. Its registered office is: |
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Sir Robert Peel House |
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178 Bishopsgate |
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London |
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EC2M 4NJ |