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Pankhurst Haulage Limited
SC388308
343 3433 78
2015-03-31
137717
90187
137817
90287
100
100
137817
90287
8019
7381
2624
5249
148460
102917
75963
28213
119068
123568
195031
151781
65364
101756
129667
50025
72497
74704
32400
37800
40097
36904
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
Turnover represents the value, net of value added tax and discounts, of work carried out in respect of services provided to customers.
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
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.
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.
Fixtures & Fittings
Method for Fixtures & fittings
0.0000
Motor vehicles
Method for Motor vehicles
0.0000
54000
54000
21600
16200
5400
64655
48784
17060
-1189
24558
11880
13365
-687
118655
102784
17060
-1189
46158
28080
-687
18765
2624
5249
Ordinary
100
1
100
100
Ordinary
1
100
100
100
2015-06-05
Mr G A Pankhurst
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
Pankhurst Haulage Limited
2014-04-01
2015-03-31
Pankhurst Haulage Limited
2013-04-01
2014-03-31
Pankhurst Haulage Limited
2013-03-31
Pankhurst Haulage Limited
2014-03-31
Pankhurst Haulage Limited
2014-03-31
Pankhurst Haulage Limited
2015-03-31
2015-06-08