Accounts filed on 30-11-2016

trueR J Rogers Limited045157272016-11-302166213721762237100100217622379691164473145316684198161756103843843581236598611412205985214160090011637149281163714928Basis 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. Stocks Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. 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 straight line basis. 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. 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 & MachineryReducing balance0.1500Fixtures & FittingsReducing balance/straight line0.1500Motor VehiclesReducing balance0.25002545424918536138179990382725454249185361381799903827Ordinary1000110001000Ordinary1100100100During the year the directors paid £20,800 (2015 - £43,321) to the company and the company repaid £21,723 (2015 - £6,613) to the directors. Transactions with directors are interest free, unsecured, and are repayable on demand.2017-08-01R J Rogerstruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureR J Rogers Limited2015-12-012016-11-30R J Rogers Limited2014-12-012015-11-30R J Rogers Limited2014-11-30R J Rogers Limited2015-11-30R J Rogers Limited2015-11-30R J Rogers Limited2016-11-30 2017-08-04