true
Mountjoy Fine Art Limited
SC328482
2014-12-31
20847
22713
21847
23713
1000
1000
21847
23713
21847
23713
21847
23713
125495
122815
147342
146528
26385
25563
120381
120381
576
584
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).
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance
for obsolete and slow moving items.
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.
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Ordinary
10000
1
10000
10000
Ordinary
1
1000
1000
1000
2015-09-08
Lord A. Crichton-Stuart
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
Mountjoy Fine Art Limited
2014-01-01
2014-12-31
Mountjoy Fine Art Limited
2013-01-01
2013-12-31
Mountjoy Fine Art Limited
2012-12-31
Mountjoy Fine Art Limited
2013-12-31
Mountjoy Fine Art Limited
2013-12-31
Mountjoy Fine Art Limited
2014-12-31
2015-09-29