true
@ Home PC (UK) Limited
05257830
2016-08-31
-15586
160
-15584
162
2
2
-15584
162
2243
2593
0
173
-13341
2928
-26326
-12193
81285
70477
54959
58284
8092
4434
46516
50117
351
3733
12985
15121
12985
15121
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.
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 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:
Provision is made for tax on gains arising from the revaluation (and similar fair value adjustments)
of fixed assets, and gains on disposal of fixed assets that have been 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.
Deferred tax assets are recognised only to the extent that the director considers that it is more
likely than not that there will be suitable taxable profits from which the future 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.
Plant & Machinery
Reducing balance
0.2000
Fixtures & Fittings
Reducing balance
0.2000
Motor Vehicles
Reducing balance
0.1500
Computer Equipment
Straight line
0.3300
57924
56876
1048
44939
41755
3184
57924
56876
1048
44939
41755
3184
Ordinary
100000
1
100000
100000
Ordinary
1
2
2
2
2017-05-26
Mr P D Gordon
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
@ Home PC (UK) Limited
2015-09-01
2016-08-31
@ Home PC (UK) Limited
2014-09-01
2015-08-31
@ Home PC (UK) Limited
2014-08-31
@ Home PC (UK) Limited
2015-08-31
@ Home PC (UK) Limited
2015-08-31
@ Home PC (UK) Limited
2016-08-31
2017-05-31