Accounts filed on 31-03-2016
Accounts filed on 31-03-2016
trueQUBIT SERVICE LTD080059072016-03-3110132974490102329754901000100010232975490102329754901023297549013971013005024203920554012794091441114099114099Basis 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 January 2015).
Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.
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.
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.
Ordinary1000110001000Ordinary11000100010002016-12-27Mr. Mario Gesuetruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureQUBIT SERVICE LTD2015-04-012016-03-31QUBIT SERVICE LTD2014-04-012015-03-31QUBIT SERVICE LTD2014-03-31QUBIT SERVICE LTD2015-03-31QUBIT SERVICE LTD2015-03-31QUBIT SERVICE LTD2016-03-31 2016-12-28
