Accounts filed on 30-04-2016
Accounts filed on 30-04-2016
trueThe Belfast Arms Company LimitedNI0538192016-04-30287466042876660622287666062876660628766606178771620820753228148016111661200011000737648Basis 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.
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.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance
for obsolete and slow moving items.
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.Ordinary1000011000010000Ordinary12222017-01-19Mr J Blacktruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureThe Belfast Arms Company Limited2015-05-012016-04-30The Belfast Arms Company Limited2014-05-012015-04-30The Belfast Arms Company Limited2014-04-30The Belfast Arms Company Limited2015-04-30The Belfast Arms Company Limited2015-04-30The Belfast Arms Company Limited2016-04-30 2017-01-24
