true
Tebco (Motor Factors) Limited
00900058
2015-04-05
14104
7797
14204
7897
100
100
14204
7897
15317
0
29521
7897
15563
-896
14228
18118
29791
17222
4312
3554
16443
5050
9036
8618
13958
8793
13958
8793
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 April 2008).
Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.
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.
Operating lease agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.
Fixed Assets
All fixed assets are initially recorded at cost.
Financial Instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
Land & Buildings
Reducing Balance method at
0.2000
Plant & Machinery
Reducing Balance method at
0.2000
Fixtures & Fittings
Reducing Balance method at
0.2000
Equipment
Reducing Balance method at
0.2500
42938
34258
8680
28980
25465
3515
42938
34258
8680
28980
25465
3515
Ordinary
100
1
100
100
Ordinary
1
100
100
100
2015-10-28
Miss T S Dynes
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
Tebco (Motor Factors) Limited
2014-04-06
2015-04-05
Tebco (Motor Factors) Limited
2013-04-06
2014-04-05
Tebco (Motor Factors) Limited
2013-04-05
Tebco (Motor Factors) Limited
2014-04-05
Tebco (Motor Factors) Limited
2014-04-05
Tebco (Motor Factors) Limited
2015-04-05
2015-12-15