true
Firebird Trading Limited
06942215
2016-03-31
15757
11028
15759
11030
2
2
15759
11030
15759
11030
-1901
-2320
78293
96090
76392
93770
60939
73448
13358
11865
2095
8457
17660
13350
17660
13350
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 January 2015).
Related parties transactions
The company is a wholly owned subsidiary of Leicester Arts Centre Limited, the consolidated accounts of which are publicly available. Accordingly, the company has taken advantage of the exemption in FRS 8 from disclosing transactions with members or investees of the group.
Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.
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.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance
for obsolete and slow moving items.
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
Straight line
0.2000
Equipment
Straight line
0.2000
59587
50610
8977
41927
37260
4667
59587
50610
8977
41927
37260
4667
Ordinary
1
2
2
2
2016-09-27
A Sinclair
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
Firebird Trading Limited
2015-04-01
2016-03-31
Firebird Trading Limited
2014-04-01
2015-03-31
Firebird Trading Limited
2014-03-31
Firebird Trading Limited
2015-03-31
Firebird Trading Limited
2015-03-31
Firebird Trading Limited
2016-03-31
2016-12-15