true
Kesteven Decorating Services Ltd
08443981
2016-03-31
11512
18681
11612
18781
100
100
11612
18781
11612
18781
-18416
-16540
121264
98365
102848
81825
41416
43470
42693
23997
18739
14358
30028
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30028
35321
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
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.
Work in progress
Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.
Operating lease agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.
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.
Plant & Machinery
Method for Plant & equipment
0.0000
Fixtures & Fittings
Method for Fixtures & fittings
0.0000
Motor Vehicles
Method for Motor vehicles
0.0000
Equipment
Method for Equipment
0.0000
49045
47040
11143
-9138
19017
11719
8807
-1509
49045
47040
11143
-9138
19017
11719
-1509
8807
Ordinary A shares
50
1
50
50
Ordinary B shares
50
1
50
50
Ordinary A shares
1
50
50
50
Ordinary B shares
1
50
50
50
2016-11-21
Mr N King
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
Kesteven Decorating Services Ltd
2015-04-01
2016-03-31
Kesteven Decorating Services Ltd
2014-04-01
2015-03-31
Kesteven Decorating Services Ltd
2014-03-31
Kesteven Decorating Services Ltd
2015-03-31
Kesteven Decorating Services Ltd
2015-03-31
Kesteven Decorating Services Ltd
2016-03-31
2016-11-21