true
Bishop Online Brand Protection Limited
06415734
2015-09-30
-254221
-142392
-146071
-34242
200
200
107950
107950
-146071
-34242
-146071
-34242
-274670
-162242
284240
162392
9570
150
2398
150
7172
0
128599
128000
128000
128000
599
0
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
Revenue is measured at fair value of the consideration received and represents amounts receivable for goods and services provided in the normal course of business, net of discounts, VAT and other sales related taxes. All revenues generated are attributable to the company's principal activity. Interest income is accrued on a time basis, by reference to the principal outstanding and at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount
Research and development
In accordance with SSAP13 the treatment for Research and Development expenditure is as follows:-
Research expenditure is written off in the year of expenditure through the profit and loss account.
Development expenditure is written off in the year of expenditure except in certain strictly defined circumstances. Development costs are capitalised and recorded as tangible fixed assets to the extent that they lead to the creation of an enduring asset which it is envisaged will deliver benefits at least as great as the amount capitalised. To the extent that such is not envisaged the cost is written off as incurred. The infrastructure development costs are recorded as plant and equipment in respect of of hardware, software and similar costs and as intangible assets in respect of the intellectual property.
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.
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.
Internally generated intangible asset
Expenditure on research activities is recognised as an expense in the period in which it is incurred. An internally generated intangible asset arising from the company's work on developing working prototypes from initial design work is recognised only if all of the following conditions are met:
As at the date of these financial statements no development expenditure had met all of the above conditions and accordingly no intangible asset is recognised.
Fixtures & Fittings
Reducing balance
0.2500
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.
128000
128000
128000
749
0
749
150
0
150
128749
128000
749
128000
150
0
150
Ordinary 'A'
1
150
150
150
Ordinary 'B'
1
50
50
50
2016-06-10
Mr J Katz
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
Bishop Online Brand Protection Limited
2014-10-01
2015-09-30
Bishop Online Brand Protection Limited
2013-10-01
2014-09-30
Bishop Online Brand Protection Limited
2013-09-30
Bishop Online Brand Protection Limited
2014-09-30
Bishop Online Brand Protection Limited
2014-09-30
Bishop Online Brand Protection Limited
2015-09-30
2016-06-15