Accounts filed on 31-10-2013
Accounts filed on 31-10-2013
trueAlan Robertson Developments LtdSC2117082013-10-31-30317-29496-30315-2949422-30315-29494162231162031131916132537131916132537347183459216663416712921746816633316633384328Basis 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).
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance
for obsolete and slow moving items.
Deferred taxation
No Provision has been made for deferred tax on unrelieved tax losses as there is uncertainty that these will be relieved against future taxable profits.
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.
Ordinary1000110001000Ordinary12222014-06-12Mr A Robertsontruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureAlan Robertson Developments Ltd2012-11-012013-10-31Alan Robertson Developments Ltd2011-11-012012-10-31Alan Robertson Developments Ltd2011-10-31Alan Robertson Developments Ltd2012-10-31Alan Robertson Developments Ltd2012-10-31Alan Robertson Developments Ltd2013-10-31 2014-07-14
