Accounts filed on 28-02-2014


trueISLAND PARK LIMITED050480572014-02-281360791728171360811728192213608117281913608117281912843315320719641273941480741806013604664891112028115710764819612764819612Basis 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 the amounts invoiced during the year in respect of management and rental of commercial properties. 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.Plant & MachineryStraight Line0.2000Fixtures & FittingsStraight Line0.1000EquipmentStraight Line0.330060041600415239340429119646004160041523934042911964Ordinary1000110001000Ordinary1222 At the beginning of the year the directors had loans outstanding to the company amounting to £26,536. These loans were repaid in full on 19 November 2013. There are no directors loans outstanding at the year end. 2014-12-16L M Webstertruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureISLAND PARK LIMITED2013-03-012014-02-28ISLAND PARK LIMITED2012-03-012013-02-28ISLAND PARK LIMITED2012-02-29ISLAND PARK LIMITED2013-02-28ISLAND PARK LIMITED2013-02-28ISLAND PARK LIMITED2014-02-28 2014-12-23