true
Newcat Co Limited
04887124
2015-12-31
-381943
-409165
12337
-14885
19875
19875
374405
374405
12337
-14885
12337
-14885
12337
-14885
689
29439
13026
14554
13026
14554
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 January 2015).
Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year.
Research and development
Research and development expenditure is written off in the year in which it is incurred.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over
the useful economic life of that asset as follows:
Amortised over a useful life of 10 years.
Depreciation
Intellectual property rights
Intellectual property rights acquired from third parties are capitalised at cost and amortised over their useful economic life which is estimated to be up to 10 years. Provision is made for any impairment in value. Internally generated intellectual property rights are not capitalised.
Operating lease agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.
Fixed Assets
All fixed assets are initially recorded at cost.
Equipment
Method for Equipment
0.0000
25000
25000
25000
25000
1437
1437
1437
1437
26437
26437
26437
26437
Ordinary
50000000
0.01
500000
500000
Ordinary
0.01
19875
19875
1987470
2016-09-29
PA Sermon
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
Newcat Co Limited
2015-01-01
2015-12-31
Newcat Co Limited
2014-01-01
2014-12-31
Newcat Co Limited
2013-12-31
Newcat Co Limited
2014-12-31
Newcat Co Limited
2014-12-31
Newcat Co Limited
2015-12-31
2016-09-29