Accounts filed on 31-03-2015
Accounts filed on 31-03-2015
trueHARMAN ELECTRICAL LIMITED065278222015-03-3132682348353268434837121032684348371546622977481505781477071500342632769845033991987209545382412941497280913666640443428114044342811Basis 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
Turnover represents the value of goods and services supplied during the year net of returns and Value Added Tax. The turnover and operating results are attributable to the principal activity of the company and arise wholly within the United Kingdom.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance
for obsolete and slow moving items.
Finance lease agreements
Where the company enters into a lease which entails taking substantially all the risks and rewards
of ownership of an asset, the lease is treated as a finance lease. The asset is recorded in the
balance sheet as a tangible fixed asset and is depreciated in accordance with the above
depreciation policies. Future instalments under such leases, net of finance charges, are included within creditors. Rentals payable are apportioned between the finance element, which is charged to the profit and loss account on a straight line basis, and the capital element which reduces the outstanding obligation for future instalments.
Fixed Assets
All fixed assets are initially recorded at cost.
Plant & Machineryreducing balance0.2500Motor Vehiclesreducing balance0.2500Office Equipmentreducing balance0.25007415165568858333708227571095174151655688583337082275710951Ordinary1001100100Ordinary11212015-12-03Mr J P Harmantruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureHARMAN ELECTRICAL LIMITED2014-04-012015-03-31HARMAN ELECTRICAL LIMITED2013-04-012014-03-31HARMAN ELECTRICAL LIMITED2013-03-31HARMAN ELECTRICAL LIMITED2014-03-31HARMAN ELECTRICAL LIMITED2014-03-31HARMAN ELECTRICAL LIMITED2015-03-31 2015-12-03
