Accounts filed on 31-03-2014
Accounts filed on 31-03-2014
trueJohn Fothergill Productions Ltd64803062014-03-31262739126217391000100012621739881813501757825156817028171621785318730100001685318730525189525189Basis 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
Turnover is recognised at the fair value of the consideration received or receivable for the provision of services in the ordinary nature of the business. Turnover is shown net of Value Added Tax of the services provided to customers.
Deferred taxation
Deferred taxation is recognised in respect of all timing differences that have originated but not reverse at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay less or to receive more tax. Deferred tax is measured on an undiscounted basis at the rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.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.
Office Equipmentstraight line0.2000121481539968962663121481539968962663£1 ordinary1000110001000£1 ordinary1100010001000Transactions with directorsDuring the year, the director operated a non interest bearing loan account with the company. Included in debtors is the balance due from the director of £1,000 (2013:due to the director £(622)). This loan has been repaid.2014-12-10Mr J F Fothergilltruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureJohn Fothergill Productions Ltd2013-04-012014-03-31John Fothergill Productions Ltd2012-04-012013-03-31John Fothergill Productions Ltd2012-03-31John Fothergill Productions Ltd2013-03-31John Fothergill Productions Ltd2013-03-31John Fothergill Productions Ltd2014-03-31 2014-12-12
