Accounts filed on 31-12-2013
Accounts filed on 31-12-2013
trueDavid Fickling Books Ltd083403072013-12-31-1368621296381765264735129638129638128308174501457585291814409140013301330Basis 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).
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance
for obsolete and slow moving items.
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.
Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.
Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.
EquipmentStraight line0.33331545154521521515451545215215Ordinary100000000.001100000Ordinary0.00117651765000Ordinary0.0117650017652665002014-09-18SG Masontruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureDavid Fickling Books Ltd2012-12-212013-12-31David Fickling Books Ltd2012-01-012012-12-20David Fickling Books Ltd2011-12-31David Fickling Books Ltd2012-12-20David Fickling Books Ltd2012-12-20David Fickling Books Ltd2013-12-31 2014-09-19
