true
Morgan Heating & Plumbing Limited
08204303
2016-09-30
5830
662
5930
762
100
100
5930
762
4362
5977
10292
6739
7813
4616
12908
8589
20721
13205
7708
0
9000
8000
4013
5205
2479
2123
2479
2123
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.
Fixtures & Fittings
Reducing balance
0.2500
Motor Vehicles
Reducing balance
0.2500
Equipment
Straight line
0.2500
5420
4300
1120
2941
2177
764
5420
4300
1120
2941
2177
764
Ordinary
100
1
100
100
Ordinary
1
100
100
100
Balance sheet Spare note 21 (user defined)
Ultimate Controlling Party
The company is under the control of Mr M G Morgan, sole director and shareholder.
2017-08-23
Mr M G Morgan
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
Morgan Heating & Plumbing Limited
2015-10-01
2016-09-30
Morgan Heating & Plumbing Limited
2014-10-01
2015-09-30
Morgan Heating & Plumbing Limited
2014-09-30
Morgan Heating & Plumbing Limited
2015-09-30
Morgan Heating & Plumbing Limited
2015-09-30
Morgan Heating & Plumbing Limited
2016-09-30
2017-08-31