Accounts filed on 31-08-2013
Accounts filed on 31-08-2013
trueCambery Designs Limited026662922013-08-31100352829710135283971001001013528397434862231448334620-970851223351325531322380525582517685720285046940469408603524191341082419134108Basis 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, turnover represents the value of work done in the year, including estimates of amounts not invoiced.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance
for obsolete and slow moving items.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax.
Fixed Assets
All fixed assets are initially recorded at cost.
Financial Instruments
Trade and other debtors are recognised and carried forward at invoiced amounts less provisions for any doubtful debts. Bad debts are written off when identified.
Cash and cash equivalents are included in the balance sheet at cost. Cash and cash equivalents comprise cash at bank and in hand and short term deposits with an original maturity of three months or less.
Trade and other creditors are recognised and carried forward at invoiced amounts.
Plant & MachineryStraight line0.1500Fixtures & FittingsStraight line0.1500Motor VehiclesStraight line0.2500Design and Master costsStraight line0.3300
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
14356914356911937810946199171435691435691193781094619917Ordinary1000110001000Ordinary11001001002014-10-17Ms E. Balltruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureCambery Designs Limited2012-09-012013-08-31Cambery Designs Limited2011-09-012012-08-31Cambery Designs Limited2011-08-31Cambery Designs Limited2012-08-31Cambery Designs Limited2012-08-31Cambery Designs Limited2013-08-31 2014-10-17
