Accounts filed on 31-12-2013
Accounts filed on 31-12-2013
trueShipping Commercial Software Ltd016894862013-12-317080685405709068550510010070906855056668067157286311678538180859361035973789921673053160170736905663719450337194503Basis 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).
Cash flow statement
The directors have taken advantage of the exemption in Financial Reporting Standard No
1 from including a cash flow statement in the financial statement on the grounds that
the company is small.
Turnover
The turnover shown on the profit and loss account represents amounts invoiced by the
company in respect of all computer services and programmes during the year, exclusive
of Value Added Tax.
Pension costs
The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company. The annual contributions payable are charged to the profit and loss account.
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 is measured on an undiscounted basis at the 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 balance0.1500Equip - B/fwdReducing balance0.1500Computer Equip B/fwdReducing balance0.2000
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.
5328853288495694878578453288532884956948785784Ordinary1001100100Ordinary11001001002014-09-11Mr W. Morristruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureShipping Commercial Software Ltd2013-01-012013-12-31Shipping Commercial Software Ltd2012-01-012012-12-31Shipping Commercial Software Ltd2011-12-31Shipping Commercial Software Ltd2012-12-31Shipping Commercial Software Ltd2012-12-31Shipping Commercial Software Ltd2013-12-31 2014-09-11
