Accounts filed on 31-03-2016


trueRaybone Developments Limited043243022016-03-311853388181439418533901814396221853390181439618533901814396289516-1935569437773662517524667252431618341403794237332526873788511563874374996515638743749965Basis 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 January 2015). Turnover The turnover shown in the profit and loss account represents the realisable value of work undertaken during the year, exclusive of Value Added Tax. 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. Going Concern Attention is drawn to the increased loan liabilities within the company. The company currently has continued support of the owners to introduce capital to cover refurbishment expenses. Motor Vehiclesreducing balance0.250015715133754201151821-233450976394236340315715133754201151821-2334509763942363403Ordinary1000110001000Ordinary12222016-10-11D J Raybonetruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureRaybone Developments Limited2015-04-012016-03-31Raybone Developments Limited2014-04-012015-03-31Raybone Developments Limited2014-03-31Raybone Developments Limited2015-03-31Raybone Developments Limited2015-03-31Raybone Developments Limited2016-03-31 2016-11-09