Accounts filed on 31-03-2016
Accounts filed on 31-03-2016
trueFostmont Limited060938952016-03-312446224646-355-71329363209612900820248534096762366810572359719359719Basis 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.
Compound instruments
EquipmentReducing balance0.5000157715771218858360157715771218858360Ordinary1000110001000B Ordinary1000110001000Ordinary1111B Ordinary11112016-12-28Mr. N. A. Robertstruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureFostmont Limited2015-04-012016-03-31Fostmont Limited2014-04-012015-03-31Fostmont Limited2014-03-31Fostmont Limited2015-03-31Fostmont Limited2015-03-31Fostmont Limited2016-03-31 2016-12-30
