Accounts filed on 30-04-2016
Accounts filed on 30-04-2016
trueSeaglass Coffee Ltd095529382016-04-30-4697-4597100-45970001312285250-58704433384602833088113291129112Accounting convention
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.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance
for obsolete and slow moving items.
Deferred taxation
Deferred tax is provided in full on all material timing differences which represent a liability at the balance sheet date, at rates expected to apply when they crystallise based on current tax rates and law. Timing differences arise from the inclusion of items of income or expenditure in tax computations in periods different from those in which they are included in the financial statements. Deferred tax assets and liabilities are not discounted.
Plant & MachineryMethod for Plant & equipment0.0000113901139022782278113901139022782278Ordinary10011000Ordinary1100100Ordinary11001001002017-01-18Mr J Broomtruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureSeaglass Coffee Ltd2015-05-012016-04-30Seaglass Coffee Ltd2014-05-012015-04-30Seaglass Coffee Ltd2014-04-30Seaglass Coffee Ltd2015-04-30Seaglass Coffee Ltd2015-04-30Seaglass Coffee Ltd2016-04-30 2017-01-19
