Accounts filed on 31-03-2016

COBALT PARTNERS LIMITED - Company Information

trueCobalt Partners Ltd035040762016-03-311368686966245136868896624722136868896624713686889662471042451639754335462268349137791390810332346914458210544447635213262373264938851735325352324758Basis 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 The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax. In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion. 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.Fixtures & FittingsStraight line0.2000 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. 436634353412942778417999793253523247585943690153682921295944277841799979Ordinary1000110001000Ordinary12222016-12-19Mr A D Gammontruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureCobalt Partners Ltd2015-04-012016-03-31Cobalt Partners Ltd2014-04-012015-03-31Cobalt Partners Ltd2014-03-31Cobalt Partners Ltd2015-03-31Cobalt Partners Ltd2015-03-31Cobalt Partners Ltd2016-03-31 2016-12-29