true
Art Hair Limited
08928726
2016-03-31
-263
789
-261
791
2
2
-261
791
-261
791
-1290
595
10479
12726
9189
13321
0
211
9189
13110
1029
196
1029
196
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).
Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year.
Operating lease agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.
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.
Plant & Machinery
Straight line
0.1000
Equipment
Straight line
0.2500
1268
199
1069
239
3
236
1268
199
1069
239
3
236
Ordinary
2
1
2
2
Ordinary
1
2
2
2
2016-08-28
Mrs C Tylee
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
Art Hair Limited
2015-04-01
2016-03-31
Art Hair Limited
2014-04-01
2015-03-31
Art Hair Limited
2014-03-31
Art Hair Limited
2015-03-31
Art Hair Limited
2015-03-31
Art Hair Limited
2016-03-31
2016-08-31