true
The X.122 Company (UK) Limited
02957500
2014-12-31
38872
30724
65874
57726
27002
27002
65874
57726
65874
57726
62103
52899
13862
16557
75965
69456
6851
7942
69114
61514
3771
4827
3771
4827
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.
In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Fixed Assets
All fixed assets are initially recorded at cost.
Financial Instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Equipment
25% reducing balance basis
0.0000
9288
9722
495
-929
5517
4895
1257
-635
9288
9722
495
-929
5517
4895
-635
1257
Ordinary
30000
1
30000
30000
Ordinary
1
27002
27002
27002
2015-06-19
P. Redpath
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
The X.122 Company (UK) Limited
2014-01-01
2014-12-31
The X.122 Company (UK) Limited
2013-01-01
2013-12-31
The X.122 Company (UK) Limited
2012-12-31
The X.122 Company (UK) Limited
2013-12-31
The X.122 Company (UK) Limited
2013-12-31
The X.122 Company (UK) Limited
2014-12-31
2015-07-03