Accounts filed on 31-08-2014
Accounts filed on 31-08-2014
trueBellino (Aberdeen) LimitedSC4068622014-08-31-120062-108805-110062-988051000010000-110062-98805-110062-98805-111813-99522171651140377598384085548911758146369071203383117517171751717Basis 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).
The company has net liabilities at the balance sheet date. The director has confirmed her continuing support for at least the next twelve months.
Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance
for obsolete and slow moving items.
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.
Fixtures & FittingsReducing balance0.2000EquipmentStraight line0.3333254511211424794404390254511211424794404390Ordinary1000011000010000Ordinary11000010000100002015-05-29Mrs J Thomsontruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureBellino (Aberdeen) Limited2013-09-012014-08-31Bellino (Aberdeen) Limited2012-09-012013-08-31Bellino (Aberdeen) Limited2012-08-31Bellino (Aberdeen) Limited2013-08-31Bellino (Aberdeen) Limited2013-08-31Bellino (Aberdeen) Limited2014-08-31 2015-05-29
