Accounts filed on 31-03-2016
Accounts filed on 31-03-2016
trueGrovesbrook Homes Limited087352092016-03-31111088-5200112088-420010001000112088-4200112088-4200108128-94801408109117834515162371168865114533062140858211607299620250743960528039605280Basis 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.
Work in progress
Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. An element of profit is included in the valuation of work in progress.
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 & MachineryStraight Line0.20006600660026401320132066006600264013201320Ordinary1000110001000Ordinary11000100010002016-12-22Mr J P Rumseytruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureGrovesbrook Homes Limited2015-04-012016-03-31Grovesbrook Homes Limited2013-10-162015-03-31Grovesbrook Homes Limited2013-10-15Grovesbrook Homes Limited2015-03-31Grovesbrook Homes Limited2015-03-31Grovesbrook Homes Limited2016-03-31 2016-12-23
