true
The British East India Company Ltd
03667052
2016-03-31
-12581
-12086
-12481
-11986
100
100
-12481
-11986
-12481
-11986
-17982
-17487
21572
21872
3590
4385
20
0
3570
4385
5501
5501
5500
5500
1
1
Basis of accounting
The financial statements have been prepared under the historical cost convention, and in accordance with applicable UK accounting standards.
Cash flow statement
The directors have taken advantage of the exemption in Financial Reporting Standard No 1 (Revised 1996) from including a cash flow statement in the financial statements on the grounds that the company is small.
Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.
Goodwill
Positive purchased goodwill arising on acquisitions is capitalised, classified as an asset on the
Balance Sheet and amortised over its useful economic life. Useful ecomonic lives are reviewed at the end of each reporting period and revised if necessary, subject to the constraint that the revised life shall not exceed 20 years from the date of acquisition. The carrying amount at the date of revision is depreciated over the revised estimate of remaining useful economic life.
Fixed Assets
All fixed assets are initially recorded at cost.
Plant & Machinery
Reducing Balance Method
0.1500
5500
5500
152
152
151
151
5652
5652
151
151
Ordinary
100
1
100
100
Ordinary
1
100
100
100
2016-11-02
Captain W G MacDonald
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
The British East India Company Ltd
2015-04-01
2016-03-31
The British East India Company Ltd
2014-04-01
2015-03-31
The British East India Company Ltd
2014-03-31
The British East India Company Ltd
2015-03-31
The British East India Company Ltd
2015-03-31
The British East India Company Ltd
2016-03-31
2016-11-02