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Andrew Donaldson Limited
00580686
2016-03-31
266573
280458
401063
414948
7000
7000
127490
127490
401063
414948
960
1150
402023
416098
224925
233784
66746
40736
291671
274520
738
650
600
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290333
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177098
182314
177098
182314
Basis 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 is the total amount receivable by the company for goods supplied and services rendered, excluding VAT.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance
for obsolete and slow moving items.
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.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not
reversed at the balance sheet date where transactions or events have occurred at that date that
will result in an obligation to pay more, or a right to pay less or to receive more tax, with
the following exceptions:
Provision is made for tax on gains arising from the revaluation (and similar fair value adjustments)
of fixed assets, and gains on disposal of fixed assets that have been rolled over into replacement
assets, only to the extent that, at the balance sheet date, there is a binding agreement to dispose
of the assets concerned. However, no provision is made where, on the basis of all available
evidence at the balance sheet date, it is more likely than not that the taxable gain will be rolled
over into replacement assets and charged to tax only where the replacement assets are sold.
Deferred tax assets are recognised only to the extent that the directors consider that it is more
likely than not that there will be suitable taxable profits from which the future reversal of the
underlying timing differences can be deducted.
Deferred tax is measured on an undiscounted basis at the tax rates that are expected
to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or
substantively enacted at the balance sheet date.
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.
Land & Buildings
straight line
0.0200
Plant & Machinery
reducing balance
0.1500
Fixtures & Fittings
reducing balance
0.1500
Motor Vehicles
reducing balance
0.2500
227839
227839
50741
45525
5216
227839
227839
50741
45525
5216
Ordinary
10000
1
10000
10000
Ordinary
1
7000
7000
7000
2016-10-26
Mr J A Donaldson
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
Andrew Donaldson Limited
2015-04-01
2016-03-31
Andrew Donaldson Limited
2014-04-01
2015-03-31
Andrew Donaldson Limited
2014-03-31
Andrew Donaldson Limited
2015-03-31
Andrew Donaldson Limited
2015-03-31
Andrew Donaldson Limited
2016-03-31
2016-10-27