Accounts filed on 31-03-2015
Accounts filed on 31-03-2015
trueHelm Flooring Limited067553612015-03-315031950838503215084022503215084028643680531855452038864361208072640170119590762906772738320518633797014321184001432118400Basis 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 shown in the profit and loss account represents the value of work done under contract, exclusive of Value Added Tax, by the Company during the year
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.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Fixed Assets
All fixed assets are initially recorded at cost.
Plant & MachineryReducing balance0.2500Motor VehiclesReducing balance0.2500308593016369616538117634775308593016369616538117634775Ordinary2122Ordinary1222Mr A. Pennifold, a director, maintains a loan account with the company. At 31 March 2015 a balance of £9,187 was due by the company to Mr Pennifold (2014: £6,985 due to the Company) The maximum indebtedness owed to the Company during the year was £7,374 (2013: £69,488). Interest is charged on outstanding amounts due to the Company. No interest is payable on loans to the Company.
2016-01-25A W Pennifoldtruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureHelm Flooring Limited2014-04-012015-03-31Helm Flooring Limited2013-04-012014-03-31Helm Flooring Limited2013-03-31Helm Flooring Limited2014-03-31Helm Flooring Limited2014-03-31Helm Flooring Limited2015-03-31 2016-01-26
