Accounts filed on 28-02-2014
Accounts filed on 28-02-2014
trueCounty Land & Development Limited079337032014-02-28-27575-3964-27475-3864100100-27475-38642825052194692550302156052549142153724785197093027652250812577335629091721973992711986116233116233Basis 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).
Work in progress
Work in progress is valued on the basis of direct costs. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.
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.
Going concern
The financial statements have been prepared on a going concern basis. The directors consider this to be appropriate although there were creditors falling due after more than one year totalling £282505 (2013: £219469). Of this, £196719 (2013: £219469) relates to amounts due to the directors, for which repayments are only sought when the company is in a position to pay. Accordingly, the going concern basis is considered appropriate.EquipmentStraight line0.3333350350234117117350350234117117Ordinary1001100100Ordinary1100100100Ordinary11001001002014-11-18Mrs J Barnetttruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureCounty Land & Development Limited2013-03-012014-02-28County Land & Development Limited2012-03-012013-02-28County Land & Development Limited2012-02-29County Land & Development Limited2013-02-28County Land & Development Limited2013-02-28County Land & Development Limited2014-02-28 2014-11-25
