Accounts filed on 31-08-2016
Accounts filed on 31-08-2016
trueTaskmaster Doors Limited022923322016-08-31-182311-18965513768913034532000032000013768913034513768913034598636600821043409853673114204591375510221118090141172189087727161386439053702639000105003005359763Basis 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
Turnover represents the total invoice value, excluding value added tax, of sales made during the period and derives from the provision of goods falling within the company's ordinary activities.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over
the useful economic life of that asset as follows:
Aquired goodwill is written off in equal instalments over its estimated useful economic of 10 years
Stocks
Stocks are valued at the lower of cost and net realisable value.
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. No element of profit is included in the valuation of work in progress.
Operating lease agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.
Pension costs
The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company. The annual contributions payable are charged to the profit and loss account.
Fixed Assets
All fixed assets are initially recorded at cost.
Plant & Machinerystraight line0.2000Fixtures & Fittingsstraight line0.2000Motor Vehiclesstraight line0.2500Short Leasehold Propertystraight line of the life of the lease0.000015000150006000450015001736621736621436091138992971018866218866214960911839931210Ordinary3200001320000320000Ordinary13200003200003200002017-05-26Mr R D WarmingtonMr D M CoxDirectortruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureTaskmaster Doors Limited2015-09-012016-08-31Taskmaster Doors Limited2014-09-012015-08-31Taskmaster Doors Limited2014-08-31Taskmaster Doors Limited2015-08-31Taskmaster Doors Limited2015-08-31Taskmaster Doors Limited2016-08-31 2017-05-31
