true
SubCo2 Ltd
07118212
2015-01-31
65313
45627
65326
45640
13
13
65326
45640
65326
45640
61373
41458
25843
20962
87216
62420
881
369
0
18106
86335
43945
3953
4182
3953
4182
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, exclusive of Value Added Tax.
Work in progress
Work in progress is valued at the lower of cost and net realisable value. Long term work in progress on service contracts extending beyond one accounting period is valued at net realisable value only where the right to consideration arises during the accounting period.
Leasing and hire purchase commitments
Assets held under finance leases, which are leases where substantially all the risks and rewards
of ownership of the asset have passed to the company, and hire purchase contracts, are capitalised
in the balance sheet and are depreciated over their useful lives. The capital elements of future
obligations under the leases and hire purchase contracts are included as liabilities in the balance
sheet.
The interest elements of the rental obligations are charged in the profit and loss account over the
periods of the leases and hire purchase contracts and represent a constant proportion of the balance of capital repayments outstanding.
Pension costs
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
Fixed Assets
All fixed assets are initially recorded at cost.
Motor Vehicles
Reducing balance
0.2500
Equipment
Reducing balance
0.2500
10386
10205
181
6433
6023
410
10386
10205
181
6433
6023
410
Ordinary A
10
1
10
10
Ordinary B
1
1
1
1
Ordinary C
1
1
1
1
Ordinary D
1
1
1
1
Ordinary A
1
10
10
10
Ordinary B
1
1
1
1
Ordinary C
1
1
1
1
Ordinary D
1
1
1
1
2015-08-14
Mr S Lewis
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
SubCo2 Ltd
2014-02-01
2015-01-31
SubCo2 Ltd
2013-02-01
2014-01-31
SubCo2 Ltd
2013-01-31
SubCo2 Ltd
2014-01-31
SubCo2 Ltd
2014-01-31
SubCo2 Ltd
2015-01-31
2015-10-04