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Exemplar Solutions Ltd
05614436
2014-12-31
-13171
-1131
-13071
-1031
100
100
-13071
-1031
34458
18327
21387
17296
-15057
-15108
55346
33608
40289
18500
10914
2858
16000
6000
13375
9642
36444
32404
36444
32404
Basis 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.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance
for obsolete and slow moving items.
Hire purchase agreements
Assets held under hire purchase agreements are capitalised and disclosed under tangible fixed
assets at their fair value. The capital element of the future payments is treated as a liability and
the interest is charged to the profit and loss account on a straight line basis.
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.
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, with
the following exceptions:
Provision is made for tax on gains arising from the revaluation (and similar fair value adjustments)
of fixed assets, and gains on disposal of fixed assets that have been rolled over into replacement
assets, only to the extent that, at the balance sheet date, there is a binding agreement to dispose
of the assets concerned. However, no provision is made where, on the basis of all available
evidence at the balance sheet date, it is more likely than not that the taxable gain will be rolled
over into replacement assets and charged to tax only where the replacement assets are sold.
Deferred tax assets are recognised only to the extent that the directors consider that it is more
likely than not that there will be suitable taxable profits from which the future reversal of the
underlying timing differences can be deducted.
Deferred tax is measured on an undiscounted basis at the tax 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 & Fittings
Straight line
0.2000
Motor Vehicles
Reducing balance
0.2500
Equipment
Straight line
0.3300
76765
59955
21500
-4690
40321
27551
14553
-1783
76765
59955
21500
-4690
40321
27551
-1783
14553
Ordinary A
50
1
50
50
Ordinary B
50
1
50
50
Ordinary A
1
50
50
50
Ordinary B
1
50
50
50
2015-09-30
Mr C MacCana
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
Exemplar Solutions Ltd
2014-01-01
2014-12-31
Exemplar Solutions Ltd
2013-01-01
2013-12-31
Exemplar Solutions Ltd
2012-12-31
Exemplar Solutions Ltd
2013-12-31
Exemplar Solutions Ltd
2013-12-31
Exemplar Solutions Ltd
2014-12-31
2015-09-30