true
Cardiff 7s Ltd
08121455
2015-09-30
-16407
-24671
-16397
-24661
10
10
-16397
-24661
-16397
-24661
-16397
-24661
19556
25231
3159
570
3000
537
159
33
Basis of accounting
The financial accounts 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 receivable from the holding of a rugby sevens tournament. Such revenue coming from rugby teams, spectators and stall holders.
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.
Ordinary
10
1
10
10
Ordinary
1
10
10
10
2016-06-28
Mr A Bodin
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
Cardiff 7s Ltd
2014-10-01
2015-09-30
Cardiff 7s Ltd
2013-10-01
2014-09-30
Cardiff 7s Ltd
2013-09-30
Cardiff 7s Ltd
2014-09-30
Cardiff 7s Ltd
2014-09-30
Cardiff 7s Ltd
2015-09-30
2016-06-28