A non-current asset, acquired for £240,000 and depreciated by £90,000, is reported in the Statement of financial position at the written-down value of £150,000, although, being an item specially manufactured for the business, its realisable value is expected to be only £95,000. Which accounting concept is followed?
(a) Prudence
(b) Money measurement
(c) Going concern
(d) Substance over form