Accounts filed on 31-03-2015
Accounts filed on 31-03-2015
truePrimesave Properties Limited067419832015-03-313699313012313699333012332236993330123336993330123336600930018496472584444713307341144631315030561563624428403511391276179557392410493923104811Basis 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).
Consolidation
In the opinion of the directors, the company and its subsidiary undertakings comprise a small group. The company has therefore taken advantage of the exemption provided by Section 398 of the Companies Act 2006 not to prepare group accounts.
Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.
Stocks
Stock and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Operating lease agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.
Fixed Assets
All fixed assets are initially recorded at cost.
Fixed asset investments are stated at cost less provision for permanent diminution in value.
Fixtures & FittingsMethod for Fixtures & fittings0.0000Motor VehiclesMethod for Motor vehicles0.000058131630418318905821308221158151632418318915831308Ordinary A1111Ordinary B1111Ordinary A1111Ordinary B11112015-12-16S A Jenningstruetruetruetruexbrli:sharesiso4217:GBPxbrli:purePrimesave Properties Limited2014-04-012015-03-31Primesave Properties Limited2013-04-012014-03-31Primesave Properties Limited2013-03-31Primesave Properties Limited2014-03-31Primesave Properties Limited2014-03-31Primesave Properties Limited2015-03-31 2015-12-17
