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Agnew Recovery Services Limited
NI603340
2016-06-30
521054
400285
521056
400287
2
2
521056
400287
521056
400287
146922
86597
314779
230807
461701
317404
296635
190013
3658
3781
161408
123610
374134
313690
374134
313690
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).
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.
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.
Fixed Assets
All fixed assets are initially recorded at cost.
Financial Instruments
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 entity after deducting all of its financial liabilities.
Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.
Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.
Land & Buildings
Straight Line
0.0500
Plant & Machinery
Reducing Balance
0.2000
Fixtures & Fittings
Reducing Balance
0.2000
851301
701585
149716
477167
387895
89272
851301
701585
149716
477167
387895
89272
Ordinary
100000
1
100000
100000
Ordinary
1
2
2
2
2017-03-30
A Agnew
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
Agnew Recovery Services Limited
2015-07-01
2016-06-30
Agnew Recovery Services Limited
2014-07-01
2015-06-30
Agnew Recovery Services Limited
2014-06-30
Agnew Recovery Services Limited
2015-06-30
Agnew Recovery Services Limited
2015-06-30
Agnew Recovery Services Limited
2016-06-30
2017-03-30