| By Sword & Musket Ltd |
| Notes to the Accounts |
| for the year ended 31 March 2018 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Plant and machinery |
25% reducing balance |
|
|
| 2 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Plant and machinery etc |
| £ |
|
Cost |
|
At 1 April 2017 |
8,537 |
|
At 31 March 2018 |
8,537 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2017 |
2,134 |
|
Charge for the year |
1,600 |
|
At 31 March 2018 |
3,734 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2018 |
4,803 |
|
At 31 March 2017 |
6,403 |
|
|
|
|
|
|
|
|
|
|
|
|
| 3 |
Debtors |
2018 |
|
2017 |
| £ |
£ |
|
|
Trade debtors |
- |
|
1,412 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Creditors: amounts falling due within one year |
2018 |
|
2017 |
| £ |
£ |
|
|
Corporation tax |
4,161 |
|
1,245 |
|
Other creditors |
68,788 |
|
79,142 |
|
|
|
|
|
|
72,949 |
|
80,387 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Other information |
|
|
By Sword & Musket Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
57 Windmill Street |
|
Gravesend |
|
Kent |
|
DA12 1BB |
