Accounts filed on 31-03-2016
Accounts filed on 31-03-2016
trueBath & Counties Developments Limited018892992016-03-31-100785013-10076501522-100765015-100765015-102913220948987770484607809246260758924220002200021517952151795Basis 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 amounts invoiced during the year, exclusive of Value Added Tax.
In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.
Work in progress
Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress where the outcome of the project may not be reasonably determined.
Fixed Assets
All fixed assets are initially recorded at cost.
Equipmentreducing balance basis0.250066718177-1506645663827466718177-15066456638274Ordinary1000110001000Ordinary12222016-12-19Mr C P Kenttruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureBath & Counties Developments Limited2015-04-012016-03-31Bath & Counties Developments Limited2014-04-012015-03-31Bath & Counties Developments Limited2014-03-31Bath & Counties Developments Limited2015-03-31Bath & Counties Developments Limited2015-03-31Bath & Counties Developments Limited2016-03-31 2016-12-21
