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 2013

PEGASUS COMPUTER SOFTWARE LTD. Registered Number SC192302

Abbreviated Balance Sheet as at 31 December 2013

Notes 2013 2012
£ £
Fixed assets
Tangible assets 2 2,890 1,607
2,890 1,607
Current assets
Cash at bank and in hand 37,972 43,912
37,972 43,912
Creditors: amounts falling due within one year (23,945) (23,246)
Net current assets (liabilities) 14,027 20,666
Total assets less current liabilities 16,917 22,273
Total net assets (liabilities) 16,917 22,273
Capital and reserves
Called up share capital 3 3
Profit and loss account 16,914 22,270
Shareholders' funds 16,917 22,273
  • For the year ending 31 December 2013 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 29 September 2014

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 2013

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 comprises sales to external third parties excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets at a rate of 25% per annum on a reducing balance basis.

2Tangible fixed assets
£
Cost
At 1 January 2013 10,750
Additions 2,247
Disposals -
Revaluations -
Transfers -
At 31 December 2013 12,997
Depreciation
At 1 January 2013 9,143
Charge for the year 964
On disposals -
At 31 December 2013 10,107
Net book values
At 31 December 2013 2,890
At 31 December 2012 1,607