Accounts filed on 30-04-2015
Accounts filed on 30-04-2015
trueCitadel Restoration Limited044035242015-04-30-70655-52236-70635-522162020-70635-52216-70635-52216-72512-544252483442369791758321825544379111011714531714531877220918772209Basis 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.
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.Motor VehiclesReducing balance0.2500EquipmentReducing balance0.150055505550367333413325550555036733341332Ordinary1000110001000Ordinary1202020During the year the director advanced the company £41,031 (2014 - £5,965) and the company repaid £1,851 (2014 - £19,760). Transactions with directors are interest free, unsecured, and are repayable on demand.2016-01-28A J Woodcocktruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureCitadel Restoration Limited2014-05-012015-04-30Citadel Restoration Limited2013-05-012014-04-30Citadel Restoration Limited2013-04-30Citadel Restoration Limited2014-04-30Citadel Restoration Limited2014-04-30Citadel Restoration Limited2015-04-30 2016-01-29
