true
ARTISAN TIMBER AND FLOORING LIMITED
04370463
2015-03-31
26685
10568
26695
10578
10
10
26695
10578
0
73
26695
10651
25789
9144
152895
163655
178684
172799
81521
122078
500
500
96663
50221
906
1507
906
1507
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.
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
Fixed Assets are shown at cost less accumulated depreciation.
Fixtures & Fittings
straight line basis
0.2500
Motor Vehicles
reducing balance basis
0.2500
Equipment
straight line basis
0.2500
Land & Buildings
straight line basis
0.3333
22140
22140
21234
20633
601
22140
22140
21234
20633
601
Ordinary
1000
1
1000
1000
Ordinary
1
10
10
10
2015-12-11
A P Walker
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
ARTISAN TIMBER AND FLOORING LIMITED
2014-04-01
2015-03-31
ARTISAN TIMBER AND FLOORING LIMITED
2013-04-01
2014-03-31
ARTISAN TIMBER AND FLOORING LIMITED
2013-03-31
ARTISAN TIMBER AND FLOORING LIMITED
2014-03-31
ARTISAN TIMBER AND FLOORING LIMITED
2014-03-31
ARTISAN TIMBER AND FLOORING LIMITED
2015-03-31
2015-12-11