true
Mount Watatic Ltd
08554329
2015-06-30
77125
34081
77126
34082
1
1
77126
34082
77126
34082
68273
27922
38933
16894
107206
44816
54212
8550
52994
36266
8853
6160
8853
6160
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).
The principal activity of the company is exposed to inherent uncertainties and global market fluctuations beyond the control of the management of the company. The company meets its working capital requirements from its day to day activities in this market place and the director considers that the company will continue to operate on this basis and that it is appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would result from a downturn in the market in which it operates.
The company has taken advantage of the exemption in Financial Reporting Standard number 1 from the requirement to produce a cash flow statement on the grounds that it is a small company.
Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.
Pension costs
The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company. The annual contributions payable are charged to the profit and loss account.
Fixed Assets
All fixed assets are initially recorded at cost.
Plant & Machinery
Reducing balance
0.2500
Equipment
Straight line
0.3300
14232
8338
5894
5379
2178
3201
14232
8338
5894
5379
2178
3201
Ordinary
1
1
1
1
Ordinary
1
1
1
1
2015-08-13
Mr B E Quinn
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
Mount Watatic Ltd
2014-07-01
2015-06-30
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2013-06-03
2014-06-30
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2013-06-02
Mount Watatic Ltd
2014-06-30
Mount Watatic Ltd
2014-06-30
Mount Watatic Ltd
2015-06-30
2015-10-20