Accounts filed on 31-12-2015
Accounts filed on 31-12-2015
trueImpetus Clothing Co UK Limited050783222015-12-31-390692-389584-9989-8881380703380703-9989-8881992510135-641254-39683293090053417325341732332422332422Basis 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).
Fixed Assets
All fixed assets are initially recorded at cost.
Financial Instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.Plant & MachineryReducing balance0.1500Office & Computer EquipmentReducing balance0.2500
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
1001410014968295929010014100149682959290Ordinary4100001410000410000Ordinary13807033807033807032016-05-10Mr A Queiroga Figueiredotruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureImpetus Clothing Co UK Limited2015-01-012015-12-31Impetus Clothing Co UK Limited2014-01-012014-12-31Impetus Clothing Co UK Limited2013-12-31Impetus Clothing Co UK Limited2014-12-31Impetus Clothing Co UK Limited2014-12-31Impetus Clothing Co UK Limited2015-12-31 2016-05-27
