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Camden (Kent) Investments Co Limited
00516752
2016-05-31
680028
682471
1026598
1029041
300
300
346270
346270
1026598
1029041
1026598
1029041
596598
599041
144117
81120
740715
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590251
590251
150464
89910
430000
430000
430000
430000
Basis of accounting
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of certain fixed assets, 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.
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.
Investment properties
Investment properties are shown at their open market value. The surplus or deficit arising from
the annual revaluation is transferred to the investment revaluation reserve unless a deficit, or
its reversal, on an individual investment property is expected to be permanent, in which case it
is recognised in the profit and loss account for the year.
This is in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) which, unlike the Companies Act 2006, does not require depreciation of investment properties. Investment properties are held for their investment potential and not for use by the company and so their current value is of prime
importance. The departure from the provisions of the Act is required in order to give a true and fair view.
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.
430000
430000
The directors consider the open market value of the investment property to be: £430,000 (2015: £430,000).
430000
430000
The directors consider the open market value of the investment property to be: £430,000 (2015: £430,000).
Ordinary
1000
1
1000
1000
Ordinary
1
200
200
200
Ordinary Class "A"
1
100
100
100
2017-02-27
J W Harrison
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
Camden (Kent) Investments Co Limited
2015-06-01
2016-05-31
Camden (Kent) Investments Co Limited
2014-06-01
2015-05-31
Camden (Kent) Investments Co Limited
2014-05-31
Camden (Kent) Investments Co Limited
2015-05-31
Camden (Kent) Investments Co Limited
2015-05-31
Camden (Kent) Investments Co Limited
2016-05-31
2017-02-28