Accounts filed on 31-03-2015
Accounts filed on 31-03-2015
trueChappell Cole & Co Ltd042562142015-03-3123961213372496122337100010002496122337249612233724961223372346660884842728425463072739421201031Basis 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.
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.
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 A5001500500Ordinary B5001500500Ordinary A1500500500Ordinary B1500500500Balance sheet Spare note 21 (user defined)Ultimate Controlling Party
The company was under the control of its directors throughout the current
and previous year.2015-12-23Mr D A Coletruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureChappell Cole & Co Ltd2014-04-012015-03-31Chappell Cole & Co Ltd2013-04-012014-03-31Chappell Cole & Co Ltd2013-03-31Chappell Cole & Co Ltd2014-03-31Chappell Cole & Co Ltd2014-03-31Chappell Cole & Co Ltd2015-03-31 2015-12-23
