true
Shimla UK Ltd
SC330203
2014-09-30
-5161
-3629
-5159
-3627
2
2
-5159
-3627
35277
39221
30118
35594
-38682
-34806
39066
36837
384
2031
0
505
384
1526
68800
70400
68800
70400
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.
In respect of contracts for on-going services, turnover represents the value of work done in the period, including estimates of amounts not invoiced. Turnover in respect of contracts for on-going services is recognised by reference to the stage of completion.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance
for obsolete and slow moving items.
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 director considers 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.
Land & Buildings
Method for Freehold property
0.0000
Plant & Machinery
Method for Plant & equipment
0.0000
92200
92200
23400
21800
1600
92200
92200
23400
21800
1600
35277
39221
Ordinary
1000
1
1000
1000
Ordinary
1
2
2
2
Balance sheet Spare note 99 (user defined)
GOING CONCERN
As at 30 September 2014 liabilities exceed assets by £5,159 (2013 - £3,627).
The company is dependent upon the support of its directors for the continuance of normal trading operations and, accordingly, these financial statements have been prepared on a going concern basis.
2015-06-30
Mr R Tahir
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
Shimla UK Ltd
2013-10-01
2014-09-30
Shimla UK Ltd
2012-10-01
2013-09-30
Shimla UK Ltd
2012-09-30
Shimla UK Ltd
2013-09-30
Shimla UK Ltd
2013-09-30
Shimla UK Ltd
2014-09-30
2015-06-30