Accounts filed on 30-06-2014
Accounts filed on 30-06-2014
trueSmall Business Payroll Service Ltd037705382014-06-30-13266-10002-13264-1000022-13264-10000-13264-10000-29993-3127054938193817249451625477309659201668176361542871672921270890011000782910270Basis 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.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over
the useful economic life of that asset as follows:
Goodwill-10% straight line
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance
for obsolete and slow moving items.
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.
Fixed Assets
All fixed assets are initially recorded at cost.
Fixtures & Fittingsreducing balance0.2500210002100012100100002100496274945816941798391882610706277045816953898491884710Ordinary2122Ordinary12222014-08-12Mr B Kendaltruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureSmall Business Payroll Service Ltd2013-07-012014-06-30Small Business Payroll Service Ltd2012-07-012013-06-30Small Business Payroll Service Ltd2012-06-30Small Business Payroll Service Ltd2013-06-30Small Business Payroll Service Ltd2013-06-30Small Business Payroll Service Ltd2014-06-30 2014-09-26
