true
Alan Butcher Components Limited
03433635
711 8465 41
2016-04-30
552397
493797
552497
493897
100
100
552497
493897
552497
493897
523189
487415
235004
170112
758193
657527
302131
221139
226630
238373
229432
198015
29308
6482
23250
0
6058
6482
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
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.
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.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over
the useful economic life of that asset as follows:
Goodwill-5 years straight line
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.
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.
Fixtures & Fittings
Reducing line
0.1500
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
75833
50000
25833
52583
50000
2583
30719
46470
1126
-16877
24661
39988
1358
-16685
106552
96470
26959
-16877
77244
89988
-16685
3941
Ordinary A shares
500
1
500
0
Ordinary B shares
500
1
500
0
Ordinary A shares
1
40
40
Ordinary B shares
1
60
60
2016-11-09
Mr PJ Butcher
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
Alan Butcher Components Limited
2015-05-01
2016-04-30
Alan Butcher Components Limited
2014-05-01
2015-04-30
Alan Butcher Components Limited
2014-04-30
Alan Butcher Components Limited
2015-04-30
Alan Butcher Components Limited
2015-04-30
Alan Butcher Components Limited
2016-04-30
2016-11-23