true
Heighway Pinball Limited
08087382
2015-03-31
-242872
-29033
193403
124503
4225
3000
432050
150536
193403
124503
48060
0
241463
124503
3319
99054
412231
34041
415550
133095
268622
71952
145079
46844
1849
14299
238144
25449
158058
12500
80086
12949
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.
Research and development
Research and development expenditure is capitalised as an intangible asset 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:
Research & Development -10% Straight Line
Licences-10% Straight Line
Work in progress
Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.
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
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.
175620
12500
163120
17562
0
17562
110547
17266
99251
-5970
30461
4317
27637
-1493
286167
29766
262371
-5970
48023
4317
-1493
45199
Ordinary
4225
1
4225
3000
Ordinary
1
4225
3000
4225
1225 Ordinary shares
1225
1225
1225
1225
During the year the company received an investment of £266,719 from The Umbrella Corporation. This represents a new share purchase of 1,225 of ordinary shares of £1 each and a share premium totalling £265,494.
2015-06-03
Mr A Heighway
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
Heighway Pinball Limited
2014-04-01
2015-03-31
Heighway Pinball Limited
2013-04-01
2014-03-31
Heighway Pinball Limited
2013-03-31
Heighway Pinball Limited
2014-03-31
Heighway Pinball Limited
2014-03-31
Heighway Pinball Limited
2015-03-31
2015-06-03