Accounts filed on 31-10-2015
Accounts filed on 31-10-2015
trueChase Decorations Limited082461062015-10-3146219475944622447599554622447599462244759932527430374031311476972840157806444465090028394106906136974562136974562Basis 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.
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.
Motor VehiclesReducing Balance0.2500EquipmentReducing Balance0.250018966811017356-6500526935484565-284418966811017356-650052693548-28444565Ordinary5155Ordinary15552016-07-27Mr M Sleetruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureChase Decorations Limited2014-11-012015-10-31Chase Decorations Limited2013-11-012014-10-31Chase Decorations Limited2013-10-31Chase Decorations Limited2014-10-31Chase Decorations Limited2014-10-31Chase Decorations Limited2015-10-31 2016-07-28