true
Avalon Chrome Techniques Ltd
03882009
2016-04-30
598
1531
600
1533
2
2
600
1533
600
1533
-5715
-5063
16781
16344
11066
11281
5540
5398
425
400
5101
5483
6315
6596
6315
6596
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.
In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over
the useful economic life of that asset as follows:
Goodwill-Over ten years - straight line basis
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 instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Plant & Machinery
Reducing balance
0.2500
Fixtures & Fittings
Reducing balance
0.1500
Equipment
Reducing balance
0.2500
20000
20000
20000
20000
29227
28027
1200
22912
21431
1481
49227
48027
1200
42912
41431
1481
Ordinary
2
1
2
2
Ordinary
1
2
2
2
2016-09-29
MR DP WOODROFFE
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
Avalon Chrome Techniques Ltd
2015-05-01
2016-04-30
Avalon Chrome Techniques Ltd
2014-05-01
2015-04-30
Avalon Chrome Techniques Ltd
2014-04-30
Avalon Chrome Techniques Ltd
2015-04-30
Avalon Chrome Techniques Ltd
2015-04-30
Avalon Chrome Techniques Ltd
2016-04-30
2016-09-30