Accounts filed on 06-04-2016
Accounts filed on 06-04-2016
trueN Turner Joinery Contractors Limited035521782016-04-06216987612216997613112169976133098044102523876139747341312241112462198814659198681053021204129154914200154914200Basis 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 the value of work done in the year, including estimates of amounts not invoiced at the year end by reference to the stage of completion.
Hire purchase agreements
Assets held under hire purchase agreements are capitalised and disclosed under tangible fixed assets at their fair value. The capital element of the future payments is treated as a liability and the interest is charged to the profit and loss account on a reducing balance basis.
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.
Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods
in which the timing differences reverse, based on tax rates and laws enacted or substantively enacted at the
balance sheet date.
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 & MachineryMethod for Plant & equipment0.0000Motor vehiclesMethod for Motor vehicles0.0000Computer equipmentMethod for Equipment0.0000263461824217865-976110855140424834-8021263461824217865-97611085514042-80214834Ordinary1111Ordinary11112016-12-21N G Turnertruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureN Turner Joinery Contractors Limited2015-04-072016-04-06N Turner Joinery Contractors Limited2014-04-072015-04-06N Turner Joinery Contractors Limited2014-04-06N Turner Joinery Contractors Limited2015-04-06N Turner Joinery Contractors Limited2015-04-06N Turner Joinery Contractors Limited2016-04-06 2017-01-03
