Accounts filed on 31-03-2016
Accounts filed on 31-03-2016
true21st Century Trading Limited026768452016-03-311315814568131601457022131601457013160145701100712417874464261975118843463847161146011250365328772153215321532153Basis 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 January 2015).
Turnover
The turnover shown in the profit and loss account represents amounts invoiced
during the year, exclusive of Value Added Tax.
Stocks
Stocks 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.
Plant & Machineryon Net Book Value0.2500Fixtures & Fittingson Net Book Value0.2500Motor Vehicleson Net Book Value0.250089508950679767978950895067976797Ordinary1001100100Ordinary1222Controlling interestCONTROLLING INTEREST
The company is controlled by Mr M Mond, the company director by virtue of his shareholding.2016-09-01Mr M Mondtruetruetruetruexbrli:sharesiso4217:GBPxbrli:pure21st Century Trading Limited2015-04-012016-03-3121st Century Trading Limited2014-04-012015-03-3121st Century Trading Limited2014-03-3121st Century Trading Limited2015-03-3121st Century Trading Limited2015-03-3121st Century Trading Limited2016-03-31 2016-09-02
