true
M Sweeting & Co Ltd
08891814
2015-03-31
23738
25738
2000
25738
25738
25738
36984
62722
3920
58802
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 period.
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
2000
1
2000
0
Ordinary
1
2000
2000
Ordinary
1
2000
2000
2000
The company was incorporated on 12 February 2014 with one subscriber share. On 22 August 2014 a further 1999 shares were issued, at £1 each, to provide the initial working capital.
2015-08-10
Mr M Sweeting
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
M Sweeting & Co Ltd
2014-02-12
2015-03-31
M Sweeting & Co Ltd
2013-04-01
2014-02-11
M Sweeting & Co Ltd
2013-03-31
M Sweeting & Co Ltd
2014-02-11
M Sweeting & Co Ltd
2014-02-11
M Sweeting & Co Ltd
2015-03-31
2015-08-10