true
01544888
ABACHEM ENGINEERING LIMITED
2012-03-31
140587
162501
291839
291766
73
129265
151252
21987
140587
162501
67785
64345
533104
239903
164803
105164
765692
409412
598901
262641
166791
146771
307378
309272
30000
30000
7600
13000
269778
266272
100
100
Ordinary
100
1.00
100
100
Ordinary
1.00
100
100
100
65053
65053
204625
201119
269778
266272
true
true
true
true
2012-12-20
P G Muckian
true
Research and development
Research and development expenditure is written off to the profit and loss account in the year in which it is incurred.
Stock
Stock is valued at the lower of cost and net realisable value.
Long term contracts
Amounts recoverable on long term contracts, which are included in debtors are stated at the net sales value of the work done after provisions and contingencies and anticipated future losses on contracts, less amounts received as progress payments on account. Excess progress payments are included in creditors as payments received on account.
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.
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.
Turnover
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.
In respect of long-term contracts and contracts for ongoing 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 ongoing services is recognised by reference to the stage of completion.
Land and Buildings
Straight Line
2.00
Plant and Machinery
Straight Line
15.00
Fixtures and Fittings
Straight Line
10.00
Motor vehicles
Straight Line
25.00
None to be disclosed
None to be disclosed
Ultimate parent undertaking
The company is a wholly owned subsidiary of Porthouse Holdings Limited, which is registered in Ireland
xbrli:shares
xbrli:pure
iso4217:GBP
iso4217:GBP
ABACHEM ENGINEERING LIMITED
2011-04-012012-03-31
ABACHEM ENGINEERING LIMITED
2010-04-01
2011-03-31
ABACHEM ENGINEERING LIMITED
2011-04-01
ABACHEM ENGINEERING LIMITED
2012-03-31
ABACHEM ENGINEERING LIMITED
2010-04-01
ABACHEM ENGINEERING LIMITED
2011-03-31
2012-12-20