true
Akitts Home Furnishings Ltd
05838267
256 2467 49
2015-08-31
-53473
-28984
-53373
-28884
100
100
-53373
-28884
-53373
-28884
-58810
-35148
199514
252431
140704
217283
15530
39451
114805
143594
10369
34238
5437
6264
5437
6264
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.
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 are classified and accounted for, according to the substance of the contractual arrangements,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 entity after deducting all of its financial liabilities.
Fixtures & Fittings
straight line
0.1000
Motor Vehicles
reducing balance
0.2500
31771
30221
1550
26334
23957
2377
31771
30221
1550
26334
23957
2377
Ordinary
49
1
49
49
A Ordinary
51
1
51
51
Ordinary
1
49
49
49
A Ordinary
1
51
51
51
2015-12-16
Ms J Cass
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
Akitts Home Furnishings Ltd
2014-09-01
2015-08-31
Akitts Home Furnishings Ltd
2013-09-01
2014-08-31
Akitts Home Furnishings Ltd
2013-08-31
Akitts Home Furnishings Ltd
2014-08-31
Akitts Home Furnishings Ltd
2014-08-31
Akitts Home Furnishings Ltd
2015-08-31
2016-01-04