true
My New Ink Limited
04757725
2015-05-31
-760
91
-660
191
100
100
-660
191
-660
191
-660
191
9502
1987
8842
2178
320
350
8522
1828
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.
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.
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 & Machinery
Straight line
0.1500
9292
9292
9292
9292
9292
9292
9292
9292
Ordinary
100
1
100
100
Ordinary
1
100
100
100
2016-02-26
Mr E J Maughan
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
My New Ink Limited
2014-06-01
2015-05-31
My New Ink Limited
2013-06-01
2014-05-31
My New Ink Limited
2013-05-31
My New Ink Limited
2014-05-31
My New Ink Limited
2014-05-31
My New Ink Limited
2015-05-31
2016-02-26