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Clockwork Contracts Limited
04557058
2015-10-31
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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
Turnover represents the value of rents received, net of Value Added Tax.
Depreciation
No depreciation is provided on freehold property because the director considers that the comprehensive repairs and maintenance policy of the company ensures that there is no fall in the residual value below its carrying value.
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.
Plant & Machinery
straight line
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Ordinary
1
1
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1
2016-07-29
Mr A D Sproule
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
Clockwork Contracts Limited
2014-11-01
2015-10-31
Clockwork Contracts Limited
2013-11-01
2014-10-31
Clockwork Contracts Limited
2013-10-31
Clockwork Contracts Limited
2014-10-31
Clockwork Contracts Limited
2014-10-31
Clockwork Contracts Limited
2015-10-31
2016-07-30