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Wimsure Underwriting Ltd
05718328
2016-03-31
19806
123157
55806
159157
4000
4000
32000
32000
55806
159157
55806
159157
51099
157653
908702
622439
959801
780092
27638
46709
932163
733383
4707
1504
4707
1504
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 April 2008).
Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year.
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.
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 instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Fixtures & Fittings
Reducing balance
0.2500
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
7818
3046
4772
3111
1542
1569
7818
3046
4772
3111
1542
1569
Ordinary
5000
1
5000
5000
Ordinary
1
4000
4000
4000
2016-12-15
Mr. Williams
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
Wimsure Underwriting Ltd
2015-04-01
2016-03-31
Wimsure Underwriting Ltd
2014-04-01
2015-03-31
Wimsure Underwriting Ltd
2014-03-31
Wimsure Underwriting Ltd
2015-03-31
Wimsure Underwriting Ltd
2015-03-31
Wimsure Underwriting Ltd
2016-03-31
2016-12-15