Accounts filed on 30-06-2014
Accounts filed on 30-06-2014
trueBlack Engineering & Design LimitedSC3371292014-06-3095086295286422952864952864-4619-65633977479027351557246419700634591545590055571742755717427Basis 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
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.
Pension costs
The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company. The annual contributions payable are charged to the profit and loss account.
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.EquipmentReducing balance0.250013859138598288643218561385913859828864321856Ordinary1000110001000Ordinary12222015-03-31Mr D J Blacktruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureBlack Engineering & Design Limited2013-07-012014-06-30Black Engineering & Design Limited2012-07-012013-06-30Black Engineering & Design Limited2012-06-30Black Engineering & Design Limited2013-06-30Black Engineering & Design Limited2013-06-30Black Engineering & Design Limited2014-06-30 2015-03-31
