true
CyberSwift Limited
09309959
2015-11-30
85327
85329
2
85329
85329
83644
32897
116541
555
115986
1685
1685
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, exclusive of Value Added Tax.
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 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.
Equipment
straight line
0.2000
2106
2106
421
421
2106
2106
421
421
Ordinary
2
1
2
0
Ordinary
1
2
2
2016-02-23
Sir I R Lobban KCMG CB
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
CyberSwift Limited
2014-11-13
2015-11-30
CyberSwift Limited
2013-12-01
2014-11-12
CyberSwift Limited
2013-11-30
CyberSwift Limited
2014-11-12
CyberSwift Limited
2014-11-12
CyberSwift Limited
2015-11-30
2016-02-29