true
ACS Facilities Management Limited
SC231321
2015-05-31
22254
14794
22256
14796
2
2
22256
14796
2180
2597
6435
9653
30871
27046
19973
13424
33524
29623
53497
43047
30815
23997
22682
19050
10898
13622
10898
13622
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 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 contracts for on-going services is recognised by reference to the stage of completion.
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.
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.
Fixtures & Fittings
Method for Fixtures & fittings
0.0000
Motor Vehicles
Method for Motor vehicles
0.0000
Equipment
Equipment-20% Reducing balance
0.2000
26571
26571
15673
12949
2724
26571
26571
15673
12949
2724
6435
9653
Ordinary
1000
1
1000
1000
Ordinary
1
2
2
2
2015-11-02
B Cheyne
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
ACS Facilities Management Limited
2014-06-01
2015-05-31
ACS Facilities Management Limited
2013-06-01
2014-05-31
ACS Facilities Management Limited
2013-05-31
ACS Facilities Management Limited
2014-05-31
ACS Facilities Management Limited
2014-05-31
ACS Facilities Management Limited
2015-05-31
2015-11-02