true
Reohorn Automatics & Amusements Limited
8225564
2016-09-30
97873
105738
97875
105740
2
2
97875
105740
43842
33074
37853
0
179570
138814
-50561
-48456
104072
103871
53511
55415
5591
1850
5792
6376
42128
47189
230131
187270
230131
187270
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).
The company meets its day to day working capital requirements through the directors' loan account. The directors intend to meet this obligation for the foreseeable future and on this basis they consider it appropriate to prepare the accounts on a going concern basis.
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.
Hire purchase agreements
Assets held under hire purchase agreements are capitalised and disclosed under tangible fixed
assets at their fair value. The capital element of the future payments is treated as a liability and
the interest is charged to the profit and loss account on a straight line basis.
Deferred taxation
Deferred tax is recognised in respect of all material 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:
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.
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.
Motor Vehicles
on a reducing balance basis
0.2500
Office Equipment
on a reducing balance basis
0.1500
Amusement Machines
on a reducing balance basis
0.1500
369964
292470
97705
-20211
139833
105200
45993
-11360
369964
292470
97705
-20211
139833
105200
-11360
45993
37853
0
Ordinary
1
2
2
2
Creditors: Amounts falling due within one year
The following liabilities disclosed under creditors falling due within one year are secured by the company: Bank loans and overdrafts 2016 - £9,521 (2015 - £9,306) Hire purchase 2016 - £8,138 (2015 £Nil). The HSBC bank facilities are secured by a debenture dated 6 March 13 over the assets of the company.
2017-01-18
Mrs L Reohorn
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
Reohorn Automatics & Amusements Limited
2015-10-01
2016-09-30
Reohorn Automatics & Amusements Limited
2014-10-01
2015-09-30
Reohorn Automatics & Amusements Limited
2014-09-30
Reohorn Automatics & Amusements Limited
2015-09-30
Reohorn Automatics & Amusements Limited
2015-09-30
Reohorn Automatics & Amusements Limited
2016-09-30
2017-01-19