Accounts filed on 31-07-2014
Accounts filed on 31-07-2014
true11th Art Limited073837922014-07-31481287331771481387331871100100481387331871481387331871-636693297517786364468141943942191003287761319136544354505621205450562120Basis 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 the realisable value of work undertaken during the year, exclusive of Value Added Tax.
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 liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.Fixtures & FittingsMethod for Fixtures & fittings0.000054574824945432546923743185457482494543254692374318Ordinary1001100100Ordinary11001001002015-01-15N J Humpishtruetruetruetruexbrli:sharesiso4217:GBPxbrli:pure11th Art Limited2013-08-012014-07-3111th Art Limited2012-08-012013-07-3111th Art Limited2012-07-3111th Art Limited2013-07-3111th Art Limited2013-07-3111th Art Limited2014-07-31 2015-04-29