Accounts filed on 28-02-2017
Accounts filed on 28-02-2017
trueSt John's Rd Limited097943212017-02-28-990-9873-987-987-9873085843075971937304369770170Basis 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 properties sold during the period.
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.
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.
Going concern
The company meets its day to day working capital requirements through trading cash inflows and the continued support of the directors. On this basis the directors considers it appropriate to prepare the financial statements on a going concern basis. These financial statements do not include any adjustments that would arise from a deterioration in trading.
Ordinary3130Ordinary133On incorporation, 3 Ordinary £1 shares were issued at par value for cash.
During the period advances of £18,090 were made to the directors, with repayments of £1,550. The balance outstanding at the period end of £16,540 is shown in debtors. The loan was made on an interest free and repayable on demand basis.2017-06-22J. Anderson-Manntruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureSt John's Rd Limited2015-09-242017-02-28St John's Rd Limited2014-07-012015-09-23St John's Rd Limited2014-06-30St John's Rd Limited2015-09-23St John's Rd Limited2015-09-23St John's Rd Limited2017-02-28 2017-06-22
