For the year ended 30 September 2014
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 07033918
Total Odds Media Ltd
For the year ended 30 September 2014
1
Balance Sheet
2 to 3
Notes to the Abbreviated Financial Statements
Notes to the Abbreviated Financial Statements
|
Total Odds Media Ltd
For the year ended 30 September 2014
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
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Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of
|
exchange ruling at the balance sheet date
.
Transactions in foreign currencies are recorded at the rate ruling at
|
the date of the transaction
.
All foreign exchange differences are included to the profit and loss account
.
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Proposed dividends are only included as liabilities in the financial statements when their payment has been
|
approved by the shareholders prior to the balance sheet date
.
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Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Computer Equipment
2
Intangible fixed assets
|
44,708
44,708
9,424
5,292
Charge for year
14,716
29,992
35,284
2 of 3
Notes to the Abbreviated Financial Statements
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Total Odds Media Ltd
For the year ended 30 September 2014
3,382
1,715
5,097
1,139
594
Charge for year
1,733
3,364
2,243
1
,
000
Class A shares of £
1
.
00
each
|
Allotted called up and fully paid
|
2014
2013
2
Class A shares of £
1
.
00
each
|
2
2
2
2
3 of 3