Accounts filed on 30-11-2015
Accounts filed on 30-11-2015
trueGlenthorne Guest House Limited068958682015-11-30222222222213157992013159992214492500117107422Basis 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.
Licence Fee and Service Charges
A licence fee is payable to the charity Glenthorne Quaker Centre for the use of rooms in the charity's building. The licence fee is calculated for each unit of accommodation in the building used by the company per day, agreed from time to time between the charity and the company and based on open market value.
A service charge is payable by the company to the charity Glenthorne Quaker Centre for the full cost of facilities, goods and services provided by the charity to the company.
Financial Instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
Ordinary2122Ordinary12222016-05-05Mr J M B Ashertruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureGlenthorne Guest House Limited2014-12-012015-11-30Glenthorne Guest House Limited2014-01-012014-11-30Glenthorne Guest House Limited2013-12-31Glenthorne Guest House Limited2014-11-30Glenthorne Guest House Limited2014-11-30Glenthorne Guest House Limited2015-11-30 2016-05-10
