1. Accounting policies

Basis of measurement and preparation of accounts

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets and in accordance with the Financial Reporting Standards for Smaller Entities effective 6 April 2008.

Turnover policy

Turnover represents gross invoiced sales of services, plus work in progress for which the company has a right to receive consideration, excluding VAT.

Tangible fixed assets depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over it's estimated useful life. Computer equipment 33% on cost Motor vehicle 25% reducing balance Office equipment 33% on cost Other assets 33% on cost

Other accounting policies

Deferred Taxation The company provides for deferred taxation in respect of all un-reversed differences arising between accounting and taxable profits. No provision is made for taxation on permanent differences or on revaluation of fixed assets except where there is a binding contract for sale at the year end and the asset has been re-valued to selling price. Pensions The company operates an Inland Revenue approved defined contributions pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. All contributions paid in the year have been charged to the Profit and Loss Account.

2. Tangible assets

3. Called up share capital

Allotted, called up and paid