Accounts filed on 30-11-2014
Accounts filed on 30-11-2014
trueCaldew Plumbing & Heating Contractors Limited04310440664 8823 932014-11-30527620639730102110100639730112860417671334-11189-10609429158336643417969326034394654308584233151745012956119431295611943Basis 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 the value of work done during the year, exclusive of Value Added Tax.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance
for obsolete and slow moving items.
Work in progress
Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.
Pension costs
The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company. The annual contributions payable are charged to the profit and loss account.
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 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.
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.Plant & Machineryreducing balance0.2000Motor Vehiclesreducing balance0.2500Office Equipmentreducing balance0.2500Hand Toolsreducing balance0.200088734835345200757787159141878873483534520075778715914187Ordinary shares1021102100Ordinary shares1102100102Ordinary1222During the year 2 £1 ordinary shares were issued and fully paid at par.
The company also repurchased 10 ordinary B shares at par during the year.
The directors had advances brought forward of £14,944 which were interest free and fully repaid in the year. The amount owed to the directors by the company was £508 at the year end.2015-02-25Mr S Gilchristtruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureCaldew Plumbing & Heating Contractors Limited2013-12-012014-11-30Caldew Plumbing & Heating Contractors Limited2012-12-012013-11-30Caldew Plumbing & Heating Contractors Limited2012-11-30Caldew Plumbing & Heating Contractors Limited2013-11-30Caldew Plumbing & Heating Contractors Limited2013-11-30Caldew Plumbing & Heating Contractors Limited2014-11-30 2015-04-01
