Registered Number 06079108
INDOSYS LIMITED
Abbreviated Accounts
28 February 2015
Notes | 2015 | 2014 | |
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£ | £ | ||
Called up share capital not paid |
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Fixed assets | |||
Intangible assets |
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Tangible assets |
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Investments |
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Current assets | |||
Stocks |
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Debtors |
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Investments |
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Cash at bank and in hand |
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Prepayments and accrued income |
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Creditors: amounts falling due within one year |
( |
( |
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Net current assets (liabilities) |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
( |
( |
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Provisions for liabilities |
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Accruals and deferred income |
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Total net assets (liabilities) |
( |
( |
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Capital and reserves | |||
Called up share capital |
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Share premium account |
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Revaluation reserve |
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Other reserves |
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Profit and loss account |
( |
( |
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Shareholders' funds |
( |
( |
Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
Intangible assets amortisation policy
charged to the profit and loss account in the period in which it is incurred.
Expenditure relating to clearly defined and identifiable development projects is recognised
as an intangible asset only after the following criteria are met:
- The project's technical feasibility and commercial viability can be demonstrated
- The availability of adequate technical and financial resources and an intention to
complete the project have been confirmed; and
- The correlation between development costs and future revenues has been established
Following initial recognition, the historic cost model is applied, with intangible assets
being carried at cost less accumulated amortisation and accumulated impairment losses.
Intangible assets with a finite life have no residual value and are amortised on a straight-
line basis over their expected useful lives with charges included in administrative expenses.
The carrying value of intangible assets is reviewed for impairment whenever events or
changes in circumstances indicate the carrying value may not be recoverable.