Accounts filed on 31-07-2014
Accounts filed on 31-07-2014
trueStratford Car Body Repair Co Limited007532952014-07-31174681535026669126457357005700243523243523266691264573575726674826463015967137621298312673289502643519609602699025475250781250868250781250868Basis of accounting
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of certain fixed assets, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover
The company accounted for Value Added Tax under the Flat Rate Scheme and turnover is shown gross.
Investment properties
Investment properties are shown at their open market value. The surplus or deficit arising from
the annual revaluation is transferred to the investment revaluation reserve unless a deficit, or
its reversal, on an individual investment property is expected to be permanent, in which case it
is recognised in the profit and loss account for the year.
This is in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008) which, unlike the Companies Act 2006, does not require depreciation of investment properties. Investment properties are held for their investment potential and not for use by the company and so their current value is of prime importance. The departure from the provisions of the Act is required in order to give a true and fair view.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 Balance0.10002556902556904909482287Leasehold investment property was revalued on an open market basis on 31 July 2009 by the
director Mr R S Parsons. The directors consider there to be no material movement in value to 31 July 2014. The original cost of the leasehold property was £6,477 (2013:£6,477). 2556902556904909482287
Leasehold investment property was revalued on an open market basis on 31 July 2009 by the
director Mr R S Parsons. The directors consider there to be no material movement in value to 31 July 2014. The original cost of the leasehold property was £6,477 (2013:£6,477).
Ordinary A7440174407440Preference57000.015757Preference57000.015757Ordinary A15700570057002015-04-21Mr R S Parsonstruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureStratford Car Body Repair Co Limited2013-08-012014-07-31Stratford Car Body Repair Co Limited2012-08-012013-07-31Stratford Car Body Repair Co Limited2012-07-31Stratford Car Body Repair Co Limited2013-07-31Stratford Car Body Repair Co Limited2013-07-31Stratford Car Body Repair Co Limited2014-07-31 2015-04-27
