Accounts filed on 31-03-2015
Accounts filed on 31-03-2015
trueTLM Garden Buildings Ltd082182612015-03-316101624611163410106111634611163458973496249543235683924358421203168012402817597231619186214285214285Basis 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, exclusive of Value Added Tax.
In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance
for obsolete and slow moving items.
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.EquipmentMethod for Equipment0.00005075072932227150750729322271Ordinary1011010Ordinary1101010The Directors loan account was overdrawn by £522 at the start of the accounting year. This balance was paid in full. The Directors loan account is now in credit by £968.2015-12-23Mr T Mooretruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureTLM Garden Buildings Ltd2014-04-012015-03-31TLM Garden Buildings Ltd2013-04-012014-03-31TLM Garden Buildings Ltd2013-03-31TLM Garden Buildings Ltd2014-03-31TLM Garden Buildings Ltd2014-03-31TLM Garden Buildings Ltd2015-03-31 2015-12-23
