true
Fraser Electronics Limited
SC450682
2015-05-31
18594
19866
18595
19867
1
1
18595
19867
18595
19867
4206
10499
1275
6400
5481
16899
432
1296
5049
15603
14389
9368
14389
9368
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.
In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.
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.
Plant & Machinery
Straight line
0.3300
19005
13984
5021
4616
4616
19005
13984
5021
4616
4616
Ordinary
1
1
1
1
Ordinary
1
1
1
1
2016-02-29
Mr A Fraser
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
Fraser Electronics Limited
2014-06-01
2015-05-31
Fraser Electronics Limited
2013-05-23
2014-05-31
Fraser Electronics Limited
2013-05-22
Fraser Electronics Limited
2014-05-31
Fraser Electronics Limited
2014-05-31
Fraser Electronics Limited
2015-05-31
2016-02-29