true
Billing Specialists Limited
06160902
2016-03-31
312176
296678
312276
296778
100
100
312276
296778
312276
296778
312243
296734
7909
13267
320152
310001
94140
125977
3681
0
222331
184024
33
44
33
44
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 January 2015).
The accounts are prepared under the historic cost convention and incorporate the results of the principal activity which is described in the director's report and which is continuing.
The company's principal activity is exposed to inherent uncertainties and global market fluctuations beyond the control of the company's management. The company meets its working capital requirements from its day to day activities in this market place and the director considers that the company will continue to operate on this basis and that it is appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would result from a a downturn in the market in which it operates.
The company has taken advantage of the exemption in Financial Reporting Standard number 1 from the requirement to produce a cash flow statement on the grounds that it is a small company.
Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.
Work in progress
Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.
Fixed Assets
All fixed assets are initially recorded at cost.
Computers and Equipment
reducing balance
0.2500
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.
250
250
217
206
11
250
250
217
206
11
Ordinary
150
1
150
150
Ordinary
1
100
100
100
2016-10-04
Mr J C Alderson
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
Billing Specialists Limited
2015-04-01
2016-03-31
Billing Specialists Limited
2014-04-01
2015-03-31
Billing Specialists Limited
2014-03-31
Billing Specialists Limited
2015-03-31
Billing Specialists Limited
2015-03-31
Billing Specialists Limited
2016-03-31
2016-12-21