true
Jackaroo Projects Limited
07740515
2016-08-31
51316
56754
51416
56854
100
100
51416
56854
51416
56854
47803
56037
4093
70760
51896
126797
2869
52122
49027
74675
3613
817
3613
817
Basis 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.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not
reversed at the balance sheet date where transactions or events have occurred at that date that
will result in an obligation to pay more, or a right to pay less or to receive more tax, with
the following exceptions:
Provision is made for tax on gains arising from the revaluation (and similar fair value adjustments)
of fixed assets, and gains on disposal of fixed assets that have been rolled over into replacement
assets, only to the extent that, at the balance sheet date, there is a binding agreement to dispose
of the assets concerned. However, no provision is made where, on the basis of all available
evidence at the balance sheet date, it is more likely than not that the taxable gain will be rolled
over into replacement assets and charged to tax only where the replacement assets are sold.
Deferred tax assets are recognised only to the extent that the director considers that it is more
likely than not that there will be suitable taxable profits from which the future reversal of the
underlying timing differences can be deducted.
Deferred tax is measured on an undiscounted basis at the tax rates that are expected
to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or
substantively enacted at the balance sheet date.
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.
Plant & Machinery
Method for Plant & equipment
0.0000
Fixtures & Fittings
Reducing balance
0.2500
Equipment
Reducing balance
0.2500
6017
2017
4000
2404
1200
1204
6017
2017
4000
2404
1200
1204
Ordinary
100
1
100
100
Ordinary
1
100
100
100
2017-05-30
Mr A Beswick
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
Jackaroo Projects Limited
2015-09-01
2016-08-31
Jackaroo Projects Limited
2014-09-01
2015-08-31
Jackaroo Projects Limited
2014-08-31
Jackaroo Projects Limited
2015-08-31
Jackaroo Projects Limited
2015-08-31
Jackaroo Projects Limited
2016-08-31
2017-05-30