Accounts filed on 31-03-2014
Accounts filed on 31-03-2014
trueMulHolland Developments Limited024287172014-03-31367412355197903143890928225357295357299031438909288308588028611734001169378970244-466758155393138151797464631037342934048063171231663757174046416637571740464Basis of accounting
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of certain fixed assets, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Fixed Assets
All fixed assets are initially recorded at cost.
Investment Properties
Investment properties are shown at their open market value. The surplus or deficit arising from the annual revaluation is transferred to the investment revaluation reserve unless a deficit, or its reversal, on an individual investment property is expected to be permanent, in which case it is recognised in the profit and loss account for the year.
This is in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008) which, unlike the Companies Act 2006, does not require depreciation of investment properties. Investment properties are held for their investment potential and not for use by the company and so their current value is of prime importance. The departure from the provisions of the Act is required in order to give a true and fair view.
The properties were revalued by the directors in 2011.
EquipmentMethod for Equipment0.000015715691603067279709-449100-92188-137397248-9293215715691603067279709-449100-92188-137397-92932248Ordinary1000110001000Ordinary12222014-08-14D G Hargreavestruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureMulHolland Developments Limited2013-04-012014-03-31MulHolland Developments Limited2012-04-012013-03-31MulHolland Developments Limited2012-03-31MulHolland Developments Limited2013-03-31MulHolland Developments Limited2013-03-31MulHolland Developments Limited2014-03-31 2014-10-03
