true
PDW Leasing Limited
06529236
2016-01-31
211303
153388
211403
153488
100
100
211403
153488
1421
1720
212824
155208
-80905
-55509
125210
120248
44305
64739
31907
26319
12398
38420
293729
210717
293729
210717
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.
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 director considers 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.
Plant & Machinery
Reducing balance
0.2000
Motor Vehicles
Reducing balance
0.2500
Equipment
Reducing balance
0.2000
401801
342539
329464
-270202
108072
131822
61929
-85679
Included within fixed assets are motor vehicles and plant and machinery at a cost of £339,882 (2015 - £341,278) and accumulated depreciation of £107,167 (2015 - £131,119) which are held for use in operating leases to third parties.
401801
342539
329464
-270202
108072
131822
-85679
61929
Included within fixed assets are motor vehicles and plant and machinery at a cost of £339,882 (2015 - £341,278) and accumulated depreciation of £107,167 (2015 - £131,119) which are held for use in operating leases to third parties.
Ordinary
100
1
100
100
Ordinary
1
100
100
100
During the year the company had an outstanding loan with its director. Interest is being charged on the outstanding amount of this loan in accordance with the published rates of interest on beneficial loans as provided by HM Revenue & Customs. At the balance sheet date the amount owed to the company by its director amounted to £Nil (2015 - £19,053). The maximum overdrawn balance outstanding during the year amounted to £47,689.
2016-07-07
Mr P D Webster
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
PDW Leasing Limited
2015-02-01
2016-01-31
PDW Leasing Limited
2014-02-01
2015-01-31
PDW Leasing Limited
2014-01-31
PDW Leasing Limited
2015-01-31
PDW Leasing Limited
2015-01-31
PDW Leasing Limited
2016-01-31
2016-09-29