Accounts filed on 31-05-2014
Accounts filed on 31-05-2014
trueCAMBRIDGE DATA MANAGEMENT LIMITED085182582014-05-31142264142364100142364164814401212921177251206462252371812251480114801Basis 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).
Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.
Operating lease agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.
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.
Deferred tax assets are recognised only to the extent that the directors consider 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.
Fixtures & FittingsReducing balance0.2500EquipmentCost0.3300
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
197341973449334933197341973449334933Ordinary1100100 Ordinary1100100100Other than reimbursement of expenses and payment of dividends no transactions were carried out with the director.2015-01-19Mr D P Murphytruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureCAMBRIDGE DATA MANAGEMENT LIMITED2013-06-012014-05-31CAMBRIDGE DATA MANAGEMENT LIMITED2012-06-012013-05-31CAMBRIDGE DATA MANAGEMENT LIMITED2012-05-31CAMBRIDGE DATA MANAGEMENT LIMITED2013-05-31CAMBRIDGE DATA MANAGEMENT LIMITED2013-05-31CAMBRIDGE DATA MANAGEMENT LIMITED2014-05-31 2015-02-02
