Accounts filed on 30-06-2014
Accounts filed on 30-06-2014
trueSmall Acorns Big Oaks Limited081026762014-06-30517541441583517641441683100100517641441683517641441683267541191583190833287845458374479428198760438498479428250100250100250000250000100100Basis 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).
Consolidation
In the opinion of the director, the company and its subsidiary undertakings comprise a small group. The company has therefore taken advantage of the exemption provided by Section 398 of the Companies Act 2006 not to prepare group accounts.
Turnover
Turnover comprises rents receivable in the accounting period,stated net of VAT.
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.
250000250000The freehold property was acquired from its subsidiary at a valuation that the director believes is a reflection of its open market value.No depreciation is provided on the property as it is the policy of the company to ensure that the property is maintained to a standard that will ensure that the value does not diminish. 100100250100250100
The freehold property was acquired from its subsidiary at a valuation that the director believes is a reflection of its open market value.No depreciation is provided on the property as it is the policy of the company to ensure that the property is maintained to a standard that will ensure that the value does not diminish.
Ordinary1001100100Ordinary1100100100Director's current accounts2014-11-03Ms J Browntruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureSmall Acorns Big Oaks Limited2013-07-012014-06-30Small Acorns Big Oaks Limited2012-06-122013-06-30Small Acorns Big Oaks Limited2012-06-11Small Acorns Big Oaks Limited2013-06-30Small Acorns Big Oaks Limited2013-06-30Small Acorns Big Oaks Limited2014-06-30 2014-11-07
