Accounts filed on 31-12-2014
Accounts filed on 31-12-2014
trueWestwick Melrose and Cromwell Limited084307312014-12-31204246900852042489008722204248900871662222044149030920358289200326713178323625312098319008232792172459770483211098321109Basis 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.
Depreciation
All assets depreciated at 25% straight line.
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, with
the following exceptions:
Provision is made for tax on gains arising from the revaluation (and similar fair value adjustments)
of fixed assets, and gains on disposal of fixed assets that have been rolled over into replacement
assets, only to the extent that, at the balance sheet date, there is a binding agreement to dispose
of the assets concerned. However, no provision is made where, on the basis of all available
evidence at the balance sheet date, it is more likely than not that the taxable gain will be rolled
over into replacement assets and charged to tax only where the replacement assets are sold.
Deferred tax assets are recognised only to the extent that the directors consider that it is more
likely than not that there will be suitable taxable profits from which the future reversal of the
underlying timing differences can be deducted.
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.
EquipmentMethod for Equipment0.0000110911092770277110911092770277Ordinary A100.0100Ordinary B1000.0111Ordinary C1000.0111Ordinary A0.010010Ordinary B0.0111100Ordinary C0.01111002015-09-02Mr G Erulintruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureWestwick Melrose and Cromwell Limited2014-01-012014-12-31Westwick Melrose and Cromwell Limited2013-03-052013-12-31Westwick Melrose and Cromwell Limited2013-03-04Westwick Melrose and Cromwell Limited2013-12-31Westwick Melrose and Cromwell Limited2013-12-31Westwick Melrose and Cromwell Limited2014-12-31 2015-09-03
