true
Partners in Cream Ltd
04184720
2016-10-31
1248
877
1448
1077
200
200
1448
1077
15085
0
16533
1077
-6727
-11504
104698
101106
97971
89602
64877
60533
16800
13200
16294
15869
23260
12581
23260
12581
Basis 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.
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.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance
for obsolete and slow moving items.
Hire purchase agreements
Assets held under hire purchase agreements are capitalised and disclosed under tangible fixed
assets at their fair value. The capital element of the future payments is treated as a liability and
the interest is charged to the profit and loss account on a straight line basis.
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 & Fittings
Reducing balance
0.1250
Motor Vehicles
Reducing balance
0.2500
62985
63455
23848
-24318
39725
50874
6676
-17825
62985
63455
23848
-24318
39725
50874
-17825
6676
Ordinary
10000
1
10000
10000
Ordinary Class 2
10000
1
10000
10000
Ordinary
1
100
100
100
Ordinary Class 2
1
100
100
100
2017-04-11
Mr C J White
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
Partners in Cream Ltd
2015-11-01
2016-10-31
Partners in Cream Ltd
2014-11-01
2015-10-31
Partners in Cream Ltd
2014-10-31
Partners in Cream Ltd
2015-10-31
Partners in Cream Ltd
2015-10-31
Partners in Cream Ltd
2016-10-31
2017-04-11