true
Access Garage Doors (South Wales) Ltd
06715352
2016-03-31
64591
48411
64691
48511
100
100
64691
48511
64691
48511
56990
44353
38161
42989
95151
87342
10310
10220
13850
13320
70991
63802
7701
4158
7701
4158
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.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance
for obsolete and slow moving items.
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.
Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.
Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.
Land & Buildings
Straight line over 4 years
0.2500
Fixtures & Fittings
reducing balance
0.2500
Motor Vehicles
reducing balance
0.2500
34532
27542
6990
26831
23384
3447
34532
27542
6990
26831
23384
3447
Ordinary
1000
1
1000
1000
Ordinary
1
100
100
100
2016-12-19
Mr J Shaw
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
Access Garage Doors (South Wales) Ltd
2015-04-01
2016-03-31
Access Garage Doors (South Wales) Ltd
2014-04-01
2015-03-31
Access Garage Doors (South Wales) Ltd
2014-03-31
Access Garage Doors (South Wales) Ltd
2015-03-31
Access Garage Doors (South Wales) Ltd
2015-03-31
Access Garage Doors (South Wales) Ltd
2016-03-31
2016-12-19