Abbreviated Company Accounts - PEGASUS COMPUTER SOFTWARE LTD.

Abbreviated Company Accounts - PEGASUS COMPUTER SOFTWARE LTD.

PEGASUS COMPUTER SOFTWARE LTD. - Company Information

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Registered Number SC192302

PEGASUS COMPUTER SOFTWARE LTD.

Abbreviated Accounts

31 December 2014

PEGASUS COMPUTER SOFTWARE LTD. Registered Number SC192302

Abbreviated Balance Sheet as at 31 December 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 2,168 2,890
2,168 2,890
Current assets
Cash at bank and in hand 29,625 37,972
29,625 37,972
Creditors: amounts falling due within one year (22,337) (23,945)
Net current assets (liabilities) 7,288 14,027
Total assets less current liabilities 9,456 16,917
Total net assets (liabilities) 9,456 16,917
Capital and reserves
Called up share capital 3 3
Profit and loss account 9,453 16,914
Shareholders' funds 9,456 16,917
  • For the year ending 31 December 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 10 September 2015

And signed on their behalf by:
Colin Johnston, Director

PEGASUS COMPUTER SOFTWARE LTD. Registered Number SC192302

Notes to the Abbreviated Accounts for the period ended 31 December 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents sales to external third parties at invoiced amounts excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided to write off the cost of fixed assets over their expected useful lives on a 25% reducing balance basis.

2Tangible fixed assets
£
Cost
At 1 January 2014 12,997
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2014 12,997
Depreciation
At 1 January 2014 10,107
Charge for the year 722
On disposals -
At 31 December 2014 10,829
Net book values
At 31 December 2014 2,168
At 31 December 2013 2,890