true
Stratford Car Body Repair Co Limited
00753295
2015-07-31
20484
17468
269707
266691
5700
5700
243523
243523
269707
266691
57
57
269764
266748
18604
15967
16467
12983
35071
28950
2162
1960
32909
26990
251160
250781
251160
250781
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 April 2008).
Turnover
The company accounted for Value Added Tax under the Flat Rate Scheme and turnover is shown gross.
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 April 2008) 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.
Plant & Machinery
Reducing Balance
0.1000
256198
255690
508
5038
4909
129
Leasehold investment property was revalued on an open market basis on 31 July 2009 by the
director Mr R S Parsons. The directors consider there to be no material movement in value to 31 July 2015. The original cost of the leasehold property was £6,477 (2014:£6,477).
256198
255690
508
5038
4909
129
Leasehold investment property was revalued on an open market basis on 31 July 2009 by the
director Mr R S Parsons. The directors consider there to be no material movement in value to 31 July 2015. The original cost of the leasehold property was £6,477 (2014:£6,477).
Ordinary A
7440
1
7440
7440
Preference
5700
0.01
57
57
Preference
5700
0.01
57
57
Ordinary A
1
5700
5700
5700
At the year end, the company owed £632 to Mr R S Parsons (2014: £424) and £240 to Mr C L Parsons (2014: £240).
2016-04-22
Mr R S Parsons
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
Stratford Car Body Repair Co Limited
2014-08-01
2015-07-31
Stratford Car Body Repair Co Limited
2013-08-01
2014-07-31
Stratford Car Body Repair Co Limited
2013-07-31
Stratford Car Body Repair Co Limited
2014-07-31
Stratford Car Body Repair Co Limited
2014-07-31
Stratford Car Body Repair Co Limited
2015-07-31
2016-04-25