Accounts filed on 31-03-2016
Accounts filed on 31-03-2016
trueC.E.Adkins & Sons Limited007037082016-03-31-18687-12590-17687-1159010001000-17687-11590-17687-11590-17859-117923075925299129001350732425399471010026293154172202172202Basis of accounting
The accounts have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover
Turnover represents the amount derived from the provision of goods and services within the company's
ordinary activities after deduction of value added tax.
Stocks
Stocks are valued at the lower of cost and net realisable value. Cost includes, where appropriate,
production and other direct overheads.
Fixed Assets
All fixed assets are initially recorded at cost.
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.
Going Concern
The company currently meets its daily working capital requirements through operating revenues, banking facilities and financial support from the director and creditors.
On this basis, the director considers it appropriate to prepare the accounts on the going concern basis. The accounts do not include any adjustments that would result from the failure to raise any additional finance that may prove necessary.
Plant & Machineryreducing balance basis0.1500578057805608557830578057805608557830Ordinary2000120002000Ordinary1100010001000GOING CONCERN
The director has considered the period to December 2017 when assessing the company's ability to continue as a going concern. It is believed that the company will either be able to satisfy its liabilities as these become payable, or alternatively will be sold as a going concern.2016-11-30Mr D G Adkinstruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureC.E.Adkins & Sons Limited2015-04-012016-03-31C.E.Adkins & Sons Limited2014-04-012015-03-31C.E.Adkins & Sons Limited2014-03-31C.E.Adkins & Sons Limited2015-03-31C.E.Adkins & Sons Limited2015-03-31C.E.Adkins & Sons Limited2016-03-31 2016-12-13
