true
John Davie Electrical Limited
SC254581
2016-01-31
8583
13336
8683
13436
100
100
8683
13436
8683
13436
8683
13411
24423
22182
33106
35593
2795
2893
695
945
29616
31755
0
25
0
25
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
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.
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.
Equipment
Reducing balance
0.2500
1361
1361
1361
1336
25
1361
1361
1361
1336
25
Ordinary
100
1
100
100
Ordinary
1
100
100
100
2016-10-28
Mr J M Davie
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
John Davie Electrical Limited
2015-02-01
2016-01-31
John Davie Electrical Limited
2014-02-01
2015-01-31
John Davie Electrical Limited
2014-01-31
John Davie Electrical Limited
2015-01-31
John Davie Electrical Limited
2015-01-31
John Davie Electrical Limited
2016-01-31
2016-10-28