Accounts filed on 31-12-2015
Accounts filed on 31-12-2015
truePtarmigan Holdings Limited095428902015-12-31-3190361810135503514503618103618103618102775364585575178711185299Basis 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 January 2015).
Turnover
Income represents income derived from investments, including dividends declared, interest due and gains made on investment disposals 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.
A Ordinary100001100000B Ordinary3550135500A Ordinary11000010000B Ordinary135503550Ordinary11355013550365000During the year a total of 10,000 A shares and 3,550 B shares were alloted. The aggregate nominal value of the Class A shares was £10,000 and the company received £10,000 consideration for the shares. The aggregate nominal value of the Class B shares was £3,550 and the company recieved £355,000 consideration for the shares. 2016-06-15LGW Howard Taylortruetruetruetruexbrli:sharesiso4217:GBPxbrli:purePtarmigan Holdings Limited2015-04-152015-12-31Ptarmigan Holdings Limited2014-01-012015-04-14Ptarmigan Holdings Limited2013-12-31Ptarmigan Holdings Limited2015-04-14Ptarmigan Holdings Limited2015-04-14Ptarmigan Holdings Limited2015-12-31 2016-08-31
