true
Industrial Grounds Maintenance (UK) Limited
05071869
2015-03-31
-9157
-2124
-9057
-2024
100
100
-9057
-2024
7768
4588
-1289
2564
-23499
-22048
24319
22048
820
0
820
0
22210
24612
15000
15000
7210
9612
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.
Goodwill
Positive purchased goodwill arising on acquisitions is capitalised, classified as an asset on the Balance Sheet and amortised over its useful economic life. Where a reliable estimate of the useful
life of goodwill or intangible assets cannot be made, the life is presumed not to exceed five years. Useful
ecomonic lives are reviewed at the end of each reporting period and revised if necessary, subject to the
constraint that the revised life shall not exceed 20 years from the date of acquisition. The carrying amount
at the date of revision is depreciated over the revised estimate of remaining useful economic life.
Intangible assets acquired separately from a business are capitalised at cost. Intangible assets acquired as part of an acquisition of a business are capitalised separately from goodwill if the fair
value can be measured reliably on initial recognition, subject to the constraint that, unless the asset
has a readily ascertainable market value, the fair value is limited to an amount that does not create or
increase any negative goodwill arising on the acquisition. Intangible assets, excluding development costs,
created within the business are not capitalised and expenditure is charged against profits in the year in
which it is incurred.
Intangible assets are amortised on a straight line basis over their estimated useful lives up to a maximum
of 20 years. The carrying value of intangible assets is reviewed for impairment at the end of the first full
year following acquisition and in other periods if events or changes in circumstances indicate the carrying
value may not be recoverable.
Leasing and hire purchase commitments
Assets held under finance leases, which are leases where substantially all the risks and rewards
of ownership of the asset have passed to the company, and hire purchase contracts, are capitalised
in the balance sheet and are depreciated over their useful lives. The capital elements of future
obligations under the leases and hire purchase contracts are included as liabilities in the balance
sheet.
The interest elements of the rental obligations are charged in the profit and loss account over the
periods of the leases and hire purchase contracts and represent a constant proportion of the balance of capital repayments outstanding.
Motor Vehicles
Reducing Balance
0.2500
Plant and machinery
Reducing Balance
0.2500
15000
15000
70196
70196
62986
60584
2402
85196
85196
62986
60584
2402
Ordinary A
50
1
50
50
Ordinary B
50
1
50
50
Ordinary A
1
50
50
50
Ordinary B
1
50
50
50
2015-11-30
S Ashworth
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
Industrial Grounds Maintenance (UK) Limited
2014-04-01
2015-03-31
Industrial Grounds Maintenance (UK) Limited
2013-04-01
2014-03-31
Industrial Grounds Maintenance (UK) Limited
2013-03-31
Industrial Grounds Maintenance (UK) Limited
2014-03-31
Industrial Grounds Maintenance (UK) Limited
2014-03-31
Industrial Grounds Maintenance (UK) Limited
2015-03-31
2015-12-17