true
Dudman Electrical Services Ltd
08781258
2015-03-31
7916
8301
8016
8401
100
100
8016
8401
8016
8401
-4840
-1294
28143
37607
23303
36313
15754
16819
500
1435
7049
18059
12856
9695
8000
9000
4856
695
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.
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-10% straight line
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.
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
Equipment
straight line
0.3300
10000
10000
2000
1000
1000
6775
980
6295
-500
1919
285
1759
-125
16775
10980
6295
-500
3919
1285
-125
2759
Ordinary
100
1
100
100
Ordinary
1
100
100
100
Included within creditors is an amount £10,483 (2014: £12,953) owed to Mr J A Dudman on his directors loan account. This amount is unsecured, interest free and carries no fixed date of repayment.
2015-12-21
Mr J A Dudman
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
Dudman Electrical Services Ltd
2014-04-01
2015-03-31
Dudman Electrical Services Ltd
2013-11-19
2014-03-31
Dudman Electrical Services Ltd
2013-11-18
Dudman Electrical Services Ltd
2014-03-31
Dudman Electrical Services Ltd
2014-03-31
Dudman Electrical Services Ltd
2015-03-31
2015-12-23