Registered Number 07514721
LONGITUDE RESEARCH LIMITED
Abbreviated Accounts
28 February 2013
Notes | 2013 | 2012 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Current assets | |||
Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
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( |
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Net current assets (liabilities) |
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Total assets less current liabilities |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital | 3 |
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Share premium account |
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Profit and loss account |
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Shareholders' funds |
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Approved by the Board on
And signed on their behalf by:
1Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Tangible assets depreciation policy
Furniture and fixtures - 10% straight line
Computer equipment - 25% straight line
Other accounting policies
The directors believe the company to be a going concern and will continue to give their support to the company over the next 12 months.
Foreign Currencies
Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction.
Monetary assets and liabilities denominated in foreign currencies are translated at the rate of
exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.
Pensions
The company operates a defined contribution pension scheme. Contributions are charged to the
profit and loss account as they become payable in accordance with the rules of the scheme.
£ | |
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Cost | |
At 1 March 2012 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 28 February 2013 |
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Depreciation | |
At 1 March 2012 |
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Charge for the year |
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On disposals |
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At 28 February 2013 |
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Net book values | |
At 28 February 2013 | 11,974 |
At 29 February 2012 | 7,782 |