true
Charles Harding Estate Agents Limited
05111365
2016-05-31
97722
127828
97822
127928
100
100
97822
127928
3693
1388
1374
9619
102889
138935
81451
128364
55565
63314
137016
191678
123452
191678
13564
0
21438
10571
21438
10571
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 January 2015).
Cash flow statement
In the opinion of the directors the company qualifies as a small company and accordingly a cash flow statement is not required.
Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.
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
Repossessions postcodes licence -33% straight line
Hire purchase agreements
Assets held under hire purchase agreements are capitalised and disclosed under tangible fixed
assets at their fair value. The capital element of the future payments is treated as a liability and
the interest is charged to the profit and loss account on a straight line basis.
Operating lease agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.
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 directors consider 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
All fixed assets are initially recorded at cost.
Fixtures & Fittings
reducing balance
0.1500
Motor Vehicles
reducing balance
0.1500
Office Equipment
reducing balance
0.1500
212620
212620
212620
212620
63197
48656
14541
41759
38085
3674
275817
261276
14541
254379
250705
3674
'A' Ordinary
51
1
51
51
'B' Ordinary
49
1
49
49
'A' Ordinary
1
51
51
51
'B' Ordinary
1
49
49
49
All shares rank pari passu.
2017-02-23
Mr J C Harding
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
Charles Harding Estate Agents Limited
2015-06-01
2016-05-31
Charles Harding Estate Agents Limited
2014-06-01
2015-05-31
Charles Harding Estate Agents Limited
2014-05-31
Charles Harding Estate Agents Limited
2015-05-31
Charles Harding Estate Agents Limited
2015-05-31
Charles Harding Estate Agents Limited
2016-05-31
2017-02-24