Disclosure Of Material Accounting Policy Information [Text Block]

PHAROS ENERGY PLC - Filing #5870885

Concept	2024-01-01 to 2024-12-31
Disclosure of material accounting policy information [text block]
Description of accounting policy for borrowings [text block]
Description of accounting policy for decommissioning, restoration and rehabilitation provisions [text block]
Description of accounting policy for depreciation expense [text block]	Depreciation, depletion and amortisation
Description of accounting policy for derivative financial instruments and hedging [text block]
Description of accounting policy for employee benefits [text block]
Description of accounting policy for financial instruments [text block]
Description of accounting policy for financial instruments at fair value through profit or loss [text block]
Description of accounting policy for foreign currency translation [text block]
Description of accounting policy for functional currency [text block]
Description of accounting policy for impairment of financial assets [text block]
Description of accounting policy for income tax [text block]
Description of accounting policy for investments other than investments accounted for using equity method [text block]
Description of accounting policy for leases [text block]
Description of accounting policy for loans and receivables [text block]
Description of accounting policy for measuring inventories [text block]
Description of accounting policy for investment in associates and joint ventures [text block]
Description of accounting policy for property, plant and equipment [text block]
Description of accounting policy for provisions [text block]
Description of accounting policy for recognition of revenue [text block]
Description of accounting policy for research and development expense [text block]	Oil and gas exploration, evaluation and development
Description of accounting policy for share-based payment transactions [text block]