Accounts filed on 31-03-2016
Accounts filed on 31-03-2016
trueCAMBRIDGE STORAGE LIMITED036294972016-03-31460238481188460538481488300300460538481488460538481488349447383663901361273434395835110062373623697552022211412511110919782511109197825Basis 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.
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.
Plant & Machinery10% Reducing Balance Method0.0000Fixtures & Fittings25% Reducing Balance Method0.0000Motor vehicles25% Straight Line Method0.0000Computer Equipment33% Straight Line Method0.0000Software licences20% Straight Line Method0.000032403529366830367212944195843171013240352936683036721294419584317101Ordinary Shares1000110001000Ordinary Shares1000110001000Ordinary Shares1757575Ordinary Shares12252252252016-12-20P W Hanmertruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureCAMBRIDGE STORAGE LIMITED2015-04-012016-03-31CAMBRIDGE STORAGE LIMITED2014-04-012015-03-31CAMBRIDGE STORAGE LIMITED2014-03-31CAMBRIDGE STORAGE LIMITED2015-03-31CAMBRIDGE STORAGE LIMITED2015-03-31CAMBRIDGE STORAGE LIMITED2016-03-31 2016-12-21
