Accounts filed on 31-03-2016
Accounts filed on 31-03-2016
truePremiere Circus LtdNI0535962016-03-31281902820728190282072819028207281902820728190281154662930921748195903648988366942583122342092092Basis 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.
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.
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 & FittingsStraight Line0.3300110721107211072109809211072110721107210980922016-12-21A Andersontruetruetruetruexbrli:sharesiso4217:GBPxbrli:purePremiere Circus Ltd2015-04-012016-03-31Premiere Circus Ltd2014-04-012015-03-31Premiere Circus Ltd2014-03-31Premiere Circus Ltd2015-03-31Premiere Circus Ltd2015-03-31Premiere Circus Ltd2016-03-31 2016-12-21
