true
Masterstaff Limited
02777593
2016-03-31
592672
590897
592872
590907
200
10
592872
590907
23431
37061
616303
627968
166698
181174
979998
771910
1146696
953084
1081875
947806
64821
5278
449605
446794
449605
446794
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 January 2015).
Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.
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.
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.
Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.
Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.
Motor Vehicles
Reducing balance
0.2500
Equipment
Reducing balance
0.2500
479794
465699
16237
30189
18905
13426
479794
465699
16237
30189
18905
13426
23431
37061
Ordinary A
1
187
10
187
Ordinary B
1
5
5
Ordinary C
1
8
8
2016-12-21
Mrs S Marshall
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
Masterstaff Limited
2015-04-01
2016-03-31
Masterstaff Limited
2014-04-01
2015-03-31
Masterstaff Limited
2014-03-31
Masterstaff Limited
2015-03-31
Masterstaff Limited
2015-03-31
Masterstaff Limited
2016-03-31
2016-12-29