Registered Number 06768127
HARRIS TIMBER PRODUCTS LIMITED
Abbreviated Accounts
31 December 2012
Notes | 2012 | 2011 | |
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£ | £ | ||
Fixed assets | |||
Intangible assets | 2 |
|
|
Tangible assets | 3 |
|
|
|
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Current assets | |||
Stocks |
|
|
|
Debtors |
|
|
|
Cash at bank and in hand |
|
|
|
|
|
||
Creditors: amounts falling due within one year |
( |
( |
|
Net current assets (liabilities) |
( |
|
|
Total assets less current liabilities |
( |
|
|
Provisions for liabilities |
( |
|
|
Total net assets (liabilities) |
( |
|
|
Capital and reserves | |||
Called up share capital | 4 |
|
|
Profit and loss account |
( |
|
|
Shareholders' funds |
( |
|
Approved by the Board on
And signed on their behalf by:
1Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
In respect of long term contracts and 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 long term contracts and contracts for on-going services is recognised by reference to the stage of completion.
Tangible assets depreciation policy
Plant & Machinery - 25% reducing balance
Motor Vehicles - 25% reducing balance
Intangible assets amortisation policy
Goodwill - over 10 years
£ | |
---|---|
Cost | |
At 1 January 2012 |
|
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 31 December 2012 |
|
Amortisation | |
At 1 January 2012 |
|
Charge for the year |
|
On disposals |
|
At 31 December 2012 |
|
Net book values | |
At 31 December 2012 | 5,760 |
At 31 December 2011 | 6,720 |
£ | |
---|---|
Cost | |
At 1 January 2012 |
|
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 31 December 2012 |
|
Depreciation | |
At 1 January 2012 |
|
Charge for the year |
|
On disposals |
|
At 31 December 2012 |
|
Net book values | |
At 31 December 2012 | 8,675 |
At 31 December 2011 | 11,568 |