For the year ended 28 February 2016
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 08400691
Benova Limited
For the year ended 28 February 2016
1
Balance Sheet
2
Notes to the Abbreviated Financial Statements
Notes to the Abbreviated Financial Statements
|
Benova Limited
For the year ended 28 February 2016
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
|
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Motor Vehicles
12,500
2,000
14,500
5,281
2,305
Charge for year
7,586
6,914
2 of 2