Company Registration No. 01961199 (England and Wales)
AUTOFOUR PRECISION ENGINEERING LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2017
PAGES FOR FILING WITH REGISTRAR
AUTOFOUR PRECISION ENGINEERING LIMITED
COMPANY INFORMATION
Directors
M D Burdock
J H Davies
Secretary
M D Burdock
Company number
01961199
Registered office
Unit 5 Alstone Lane Industrial Estate
Alstone Lane
Cheltenham
Gloucestershire
GL51 8HF
Accountants
Baldwins (Gloucester) Limited
5 Pullman Court
Great Western Road
Gloucester
Gloucestershire
GL1 3ND
Business address
Unit 5 Alstone Lane Industrial Estate
Alstone Lane
Cheltenham
Gloucestershire
GL51 8HF
AUTOFOUR PRECISION ENGINEERING LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
4 - 13
AUTOFOUR PRECISION ENGINEERING LIMITED
BALANCE SHEET
AS AT
30 JUNE 2017
30 June 2017
- 1 -
2017
2016
Notes
£
£
£
£
Fixed assets
Tangible assets
3
792,603
864,024
Current assets
Stocks
127,784
84,928
Debtors
4
405,823
394,196
Cash at bank and in hand
27,647
366
561,254
479,490
Creditors: amounts falling due within one year
5
(851,172)
(680,461)
Net current liabilities
(289,918)
(200,971)
Total assets less current liabilities
502,685
663,053
Creditors: amounts falling due after more than one year
6
(111,636)
(293,605)
Provisions for liabilities
(69,998)
(77,773)
Net assets
321,051
291,675
Capital and reserves
Called up share capital
9
107,000
107,000
Revaluation reserve
10
70,531
73,677
Capital redemption reserve
53,500
53,500
Profit and loss reserves
90,020
57,498
Total equity
321,051
291,675
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.
true
For the financial year ended 30 June 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
T
he directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
T
he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
AUTOFOUR PRECISION ENGINEERING LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 JUNE 2017
30 June 2017
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 29 September 2017 and are signed on its behalf by:
J H Davies
Director
Company Registration No. 01961199
AUTOFOUR PRECISION ENGINEERING LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 JUNE 2017
- 3 -
Share capital
Revaluation reserve
Capital redemption reserve
Profit and loss reserves
Total
Notes
£
£
£
£
£
Balance at 1 July 2015
107,000
76,953
53,500
227,959
465,412
Year ended 30 June 2016:
Profit for the year
-
-
-
9,443
9,443
Other comprehensive income:
Revaluation of tangible fixed assets
-
(4,096)
-
-
(4,096)
Tax relating to other comprehensive income
-
820
-
-
820
Total comprehensive income for the year
-
(3,276)
-
9,443
6,167
Dividends
-
-
-
(184,000)
(184,000)
Transfers
-
-
-
4,096
4,096
Balance at 30 June 2016
107,000
73,677
53,500
57,498
291,675
Year ended 30 June 2017:
Profit for the year
-
-
-
133,590
133,590
Other comprehensive income:
Revaluation of tangible fixed assets
-
(3,932)
-
-
(3,932)
Tax relating to other comprehensive income
-
786
-
-
786
Total comprehensive income for the year
-
(3,146)
-
133,590
130,444
Dividends
-
-
-
(105,000)
(105,000)
Transfers
-
-
-
3,932
3,932
Balance at 30 June 2017
107,000
70,531
53,500
90,020
321,051
AUTOFOUR PRECISION ENGINEERING LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2017
- 4 -
1
Accounting policies
Company information
Autofour Precision Engineering Limited is a
private
company
limited by shares
incorporated in England and Wales.
The registered office is
Unit 5 Alstone Lane Industrial Estate, Alstone Lane, Cheltenham, Gloucestershire, GL51 8HF.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in
sterling
, which is the functional currency of the company.
Monetary a
mounts
in these financial statements are
rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
1.2
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business
, and
is shown net of VAT and other sales related taxes
.
The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer
(usually on dispatch of the goods)
, the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.
Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that are recoverable.
1.3
Tangible fixed assets
Tangible fixed assets
are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Land and buildings Leasehold
4% reducing balance
Leasehold improvements
10% and 25% reducing balance, 10% straight line
Plant and machinery
10% reducing balance
Fixtures, fittings & equipment
25% reducing balance
Motor vehicles
25% reducing balance
AUTOFOUR PRECISION ENGINEERING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2017
1
Accounting policies
(Continued)
- 5 -
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and
is credited or charged to profit or loss
.
1.4
Impairment of fixed assets
At each reporting
period
end date, the
company
reviews the carrying amounts of its tangible
assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company
estimates the recoverable amount of the cash-generating unit to which the asset belongs.
Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.
If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.
Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit)
in
prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.
1.5
Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.
Stocks held for distribution at no or nominal consideration are measured at the lower of replacement cost and cost, adjusted where applicable for any loss of service potential.
At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.
1.6
Cash and cash equivalents
Cash and cash equivalents
are basic financial assets
and
include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
AUTOFOUR PRECISION ENGINEERING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2017
1
Accounting policies
(Continued)
- 6 -
1.7
Financial instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset
, with
the net amounts presented in the financial statements
,
when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest
method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.
Financial assets classified as receivable within one year are not amortised.
Other financial assets
Other financial assets, including investments in equity instruments which are not subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the transaction price. Such assets are subsequently carried at fair value and the changes in fair value are recognised in profit or loss, except that investments in equity instruments that are not publicly traded and whose fair values cannot be measured reliably are measured at cost less impairment.
Impairment of financial assets
Financial assets, other than those
held
at
fair value through profit and loss
, are assessed for indicators of impairment at each reporting end date.
Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected.
If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss.
If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been, had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.
Derecognition of financial assets
Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when
the company
transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.
Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
AUTOFOUR PRECISION ENGINEERING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2017
1
Accounting policies
(Continued)
- 7 -
Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from
fellow group companies and preference shares that are classified as debt, are
initially recognised at transaction price unless the arrangement constitutes a
financing transaction, where the debt instrument is measured at the present value of
the future
paymen
ts discounted at a market rate of interest.
Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective
interest rate method.
Trade creditors
are obligations to pay for goods or services that have been acquired
in the ordinary course of business from suppliers. A
m
ounts payable are classified as
current liabilities if payment is due within one year or less. If not, they are presented
as non-current liabilities. Trade creditors are recognised initially at transaction price
and subsequently measured at amortised cost using the effective interest method.
Other financial liabilities
Derivatives, including interest rate swaps and forward foreign exchange contracts,
are not basic financial instruments. Derivatives are initially recognised at fair value on the date a derivative contract is entered into and are
s
ubsequently re-measured at their fair value. Changes in the fair value of derivatives are recognised in profit or loss in finance costs or finance income as appropriate, unless hedge accounting is applied and the hedge is a cash flow hedge.
Debt instruments that do not meet the conditions in FRS 102 paragraph 11.9 are subsequently measured at fair value through profit or loss. Debt instruments may be designated as
being measured at
fair value though profit or loss to eliminate or reduce an accounting mismatch or if the instruments are measured and their performance evaluated on a fair value basis in accordance with a documented risk management or investment strategy.
Derecognition of financial liabilities
Financial liabilities are derecognised when the company’s contractual obligations
expire or are discharged or cancelled.
1.8
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
1.9
Taxation
The tax expense represents the sum of the tax currently payable and deferred tax.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The
company’s
liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
AUTOFOUR PRECISION ENGINEERING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2017
1
Accounting policies
(Continued)
- 8 -
Deferred tax
Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.
The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the
company
has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.
1.10
Employee benefits
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
1.11
Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
1.12
Leases
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.
Assets held under finance leases are recognised as assets at the lower of the assets fair
value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to the profit and loss account so as to produce a constant periodic rate of interest on the remaining balance of the liability.
Rentals payable under operating leases,
including
any lease incentives received, are charged to income on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease asset are consumed.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was 25 (2016 - 25).
AUTOFOUR PRECISION ENGINEERING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2017
- 9 -
3
Tangible fixed assets
Land and buildings Leasehold
Leasehold improvements
Plant and machinery
Fixtures, fittings & equipment
Motor vehicles
Total
£
£
£
£
£
£
Cost or valuation
At 1 July 2016
275,000
39,050
1,881,729
34,346
27,991
2,258,116
Additions
-
-
10,450
-
-
10,450
At 30 June 2017
275,000
39,050
1,892,179
34,346
27,991
2,268,566
Depreciation and impairment
At 1 July 2016
50,773
27,713
1,279,276
27,474
8,857
1,394,093
Depreciation charged in the year
8,969
1,492
60,591
6,034
4,784
81,870
At 30 June 2017
59,742
29,205
1,339,867
33,508
13,641
1,475,963
Carrying amount
At 30 June 2017
215,258
9,845
552,312
838
14,350
792,603
At 30 June 2016
224,227
11,337
602,454
6,872
19,134
864,024
AUTOFOUR PRECISION ENGINEERING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2017
3
Tangible fixed assets
(Continued)
- 10 -
Land and buildings leasehold relates to property held at Unit 5 Alstone Lane. The property was revalued on 11 March 2011 by Alder King Property Consultants, Chartered Surveyors on an open market basis and was revalued to an amount of £275,000.
If revalued assets were stated on an historical cost basis rather than a fair value basis, the total amounts included would have been as follows:
2017
2016
£
£
Cost
303,650
303,650
Accumulated depreciation
(182,751)
(177,714)
Carrying value
120,899
125,936
The revaluation surplus is disclosed in note 10.
4
Debtors
2017
2016
Amounts falling due within one year:
£
£
Trade debtors
345,309
264,639
Other debtors
60,514
129,557
405,823
394,196
The company factors its debts with Lloyds TSB Commercial Finance Limited who have a first fixed charge over the book debts. Trade are stated gross and the liability to the factoring company is included in creditors - amounts falling due within one year.
5
Creditors: amounts falling due within one year
2017
2016
Notes
£
£
Bank loans and overdrafts
82,266
28,465
Obligations under finance leases
7
166,133
171,348
Other borrowings
25,008
25,008
Trade creditors
115,992
74,464
Corporation tax
52,971
54,506
Other taxation and social security
76,993
70,892
Other creditors
315,484
242,075
Accruals and deferred income
16,325
13,703
851,172
680,461
Other creditors include £300,781 (2016: £207,892) in respect of a debt factoring arrangement. This is secured by a first charge over the company's book debts
AUTOFOUR PRECISION ENGINEERING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2017
- 11 -
6
Creditors: amounts falling due after more than one year
2017
2016
Notes
£
£
Obligations under finance leases
7
63,720
220,689
Other creditors
47,916
72,916
111,636
293,605
The bank overdraft is secured by a legal charge over Unit 5, Alstone Lane, Cheltenham, Gloucestershire and five car parking spaces at the same address. The bank overdraft is also secured by a joint and several liability by the directors.
Other borrowings included in other creditors relate to funds received through the Funding Circle platform and are secured by personal guarantee of the directors.
7
Finance lease obligations
2017
2016
Future minimum lease payments due under finance leases:
£
£
Within one year
192,500
198,445
In two to five years
73,852
256,386
266,352
454,831
Less: future finance charges
(36,499)
(62,794)
229,853
392,037
Obligations under hire purchase or finance lease contracts are secured by a first charge over the assets to which they relate.
8
Provisions for liabilities
2017
2016
£
£
Deferred tax liabilities
69,998
77,773
69,998
77,773
9
Called up share capital
2017
2016
£
£
Ordinary share capital
Issued and fully paid
107,000 Ordinary shares of £1 each
107,000
107,000
AUTOFOUR PRECISION ENGINEERING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2017
- 12 -
10
Revaluation reserve
2017
2016
£
£
At beginning of year
73,677
76,953
Revaluation surplus arising in the year
(3,932)
(4,096)
Deferred tax on revaluation of tangible assets
786
820
At end of year
70,531
73,677
11
Operating lease commitments
Lessee
At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:
2017
2016
£
£
Within one year
26,500
26,500
12
Control
Ultimate control vests with the directors by virtue of their majority shareholding of the issued share capital.
13
Directors' transactions
Dividends totalling £84,000 (2016 - £147,200) were paid in the year in respect of shares held by the company's directors.
As at 30 June 2017 J H Davies, a director, owed the company £22,116 (2016: £52,973).
As at 30 June 2017 M D Burdock, a director, owed the company £22,116 (2016: £52,973)
AUTOFOUR PRECISION ENGINEERING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2017
- 13 -
14
Related party transactions
Transactions with related parties
During the year the company entered into the following transactions with related parties:
Purchase of goods
2017
2016
£
£
Other related parties
8,698
9,739
The following amounts were outstanding at the reporting end date:
Amounts owed to related parties
2017
2016
£
£
Other related parties
502
4,610
502
4,610
Included within other creditors is a balance of £Nil (2016: £26,188) due to R J Voysey, a former director of the company who resigned on 27 June 2013.
During the year the company paid a dividend of £10,500 to N F Davies (2016: £18,400).
During the year the company paid a dividend of £10,500 to E Burdock (2016: £18,400).
2017-06-30
2016-07-01
false
CCH Software
CCH Accounts Production 2017.200
No description of principal activity
01961199
2016-07-01
2017-06-30
01961199
bus:CompanySecretaryDirector1
2016-07-01
2017-06-30
01961199
bus:Director1
2016-07-01
2017-06-30
01961199
bus:CompanySecretary1
2016-07-01
2017-06-30
01961199
bus:RegisteredOffice
2016-07-01
2017-06-30
01961199
2017-06-30
01961199
2016-06-30
01961199
core:LandBuildings
core:LeasedAssetsHeldAsLessee
2017-06-30
01961199
core:LeaseholdImprovements
2017-06-30
01961199
core:PlantMachinery
2017-06-30
01961199
core:FurnitureFittings
2017-06-30
01961199
core:MotorVehicles
2017-06-30
01961199
core:LandBuildings
core:LeasedAssetsHeldAsLessee
2016-06-30
01961199
core:LeaseholdImprovements
2016-06-30
01961199
core:PlantMachinery
2016-06-30
01961199
core:FurnitureFittings
2016-06-30
01961199
core:MotorVehicles
2016-06-30
01961199
core:CurrentFinancialInstruments
2017-06-30
01961199
core:CurrentFinancialInstruments
2016-06-30
01961199
core:ShareCapital
2017-06-30
01961199
core:ShareCapital
2016-06-30
01961199
core:RevaluationReserve
2017-06-30
01961199
core:RevaluationReserve
2016-06-30
01961199
core:CapitalRedemptionReserve
2017-06-30
01961199
core:CapitalRedemptionReserve
2016-06-30
01961199
core:RetainedEarningsAccumulatedLosses
2017-06-30
01961199
core:RetainedEarningsAccumulatedLosses
2016-06-30
01961199
core:ShareCapital
core:RestatedAmount
2015-06-30
01961199
core:RevaluationReserve
core:RestatedAmount
2015-06-30
01961199
core:CapitalRedemptionReserve
core:RestatedAmount
2015-06-30
01961199
core:RetainedEarningsAccumulatedLosses
core:RestatedAmount
2015-06-30
01961199
core:RestatedAmount
2015-06-30
01961199
core:HedgingReserve
core:RestatedAmount
2015-06-30
01961199
core:RevaluationReserve
2016-06-30
01961199
2015-07-01
2016-06-30
01961199
core:RevaluationReserve
2015-07-01
2016-06-30
01961199
core:RevaluationReserve
2016-07-01
2017-06-30
01961199
core:RetainedEarningsAccumulatedLosses
2015-07-01
2016-06-30
01961199
core:LandBuildings
core:LeasedAssetsHeldAsLessee
2016-07-01
2017-06-30
01961199
core:LeaseholdImprovements
core:LeasedAssetsHeldAsLessee
2016-07-01
2017-06-30
01961199
core:PlantMachinery
2016-07-01
2017-06-30
01961199
core:FurnitureFittings
2016-07-01
2017-06-30
01961199
core:MotorVehicles
2016-07-01
2017-06-30
01961199
core:LandBuildings
core:LeasedAssetsHeldAsLessee
2016-06-30
01961199
core:LeaseholdImprovements
2016-06-30
01961199
core:PlantMachinery
2016-06-30
01961199
core:FurnitureFittings
2016-06-30
01961199
core:MotorVehicles
2016-06-30
01961199
2016-06-30
01961199
core:LeaseholdImprovements
2016-07-01
2017-06-30
01961199
core:Non-currentFinancialInstruments
2017-06-30
01961199
core:Non-currentFinancialInstruments
2016-06-30
01961199
core:WithinOneYear
2017-06-30
01961199
core:WithinOneYear
2016-06-30
01961199
core:BetweenTwoFiveYears
2017-06-30
01961199
core:BetweenTwoFiveYears
2016-06-30
01961199
bus:PrivateLimitedCompanyLtd
2016-07-01
2017-06-30
01961199
bus:FRS102
2016-07-01
2017-06-30
01961199
bus:AuditExemptWithAccountantsReport
2016-07-01
2017-06-30
01961199
bus:FullAccounts
2016-07-01
2017-06-30
01961199
bus:SmallCompaniesRegimeForAccounts
2016-07-01
2017-06-30
xbrli:pure
xbrli:shares
iso4217:GBP