true
Borough Beauty Studio Ltd
04610702
2015-03-31
665
273
666
274
1
1
666
274
666
274
-3086
-4201
11429
18919
8343
14718
438
417
3445
2871
4460
11430
3752
4475
3752
4475
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.
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.
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:
Goodwill-10% straight line
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance
for obsolete and slow moving items.
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 instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Fixtures & Fittings
Reducing balance
0.1000
Equipment
Reducing balance
0.2000
16000
16000
16000
16000
11114
11114
7362
6639
723
27114
27114
23362
22639
723
Ordinary
10000
1
10000
10000
Ordinary
1
1
1
1
2015-10-12
Mrs B Mercer
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
Borough Beauty Studio Ltd
2014-04-01
2015-03-31
Borough Beauty Studio Ltd
2013-04-01
2014-03-31
Borough Beauty Studio Ltd
2013-03-31
Borough Beauty Studio Ltd
2014-03-31
Borough Beauty Studio Ltd
2014-03-31
Borough Beauty Studio Ltd
2015-03-31
2015-10-13