true
Steve Burnage Electrical Limited
04675655
2015-03-31
137654
83077
137655
83078
1
1
137655
83078
137655
83078
136737
82109
25253
155020
161990
237129
155033
7570
0
224155
6957
5404
918
969
918
969
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.
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.
Pension costs
The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company. The annual contributions payable are charged to the profit and loss account.
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 Vehicles
reducing balance
0.2500
Equipment
reducing balance
0.2500
10615
10407
208
9697
9438
259
10615
10407
208
9697
9438
259
Ordinary
1000
1
1000
1000
Ordinary
1
1
1
1
2015-12-23
S R Burnage
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
Steve Burnage Electrical Limited
2014-04-01
2015-03-31
Steve Burnage Electrical Limited
2013-04-01
2014-03-31
Steve Burnage Electrical Limited
2013-03-31
Steve Burnage Electrical Limited
2014-03-31
Steve Burnage Electrical Limited
2014-03-31
Steve Burnage Electrical Limited
2015-03-31
2015-12-23