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Newpath Ltd
03879521
2014-11-30
46670
43318
85434
82082
3
3
38761
38761
85434
82082
85434
82082
-214566
-217918
214642
218085
76
167
76
167
300000
300000
300000
300000
Basis of accounting
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of certain fixed assets, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover
The turnover shown in the profit and loss account represents rents and similar charges receivable.
Investment properties
Investment properties are shown at their open market value. The surplus or deficit arising from
the annual revaluation is transferred to the investment revaluation reserve unless a deficit, or
its reversal, on an individual investment property is expected to be permanent, in which case it
is recognised in the profit and loss account for the year.
This is in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008) which, unlike the Companies Act 2006, does not require depreciation of investment properties. Investment properties are held for their investment potential and not for use by the company and so their current value is of prime importance. The departure from the provisions of the Act is required in order to give a true and fair view.
Fixed Assets
All fixed assets are initially recorded at cost.
300000
300000
300000
300000
Ordinary
1000
1
1000
1000
Ordinary
1
3
3
3
2015-08-28
J Bindinger
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
Newpath Ltd
2013-12-01
2014-11-30
Newpath Ltd
2012-12-01
2013-11-30
Newpath Ltd
2012-11-30
Newpath Ltd
2013-11-30
Newpath Ltd
2013-11-30
Newpath Ltd
2014-11-30
2015-08-28