Registered Number 04571309
OXFORD RISK RESEARCH AND ANALYSIS LIMITED
Abbreviated Accounts
31 December 2014
Notes | 2014 | 2013 | |
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£ | £ | ||
Called up share capital not paid |
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Fixed assets | |||
Intangible assets |
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Tangible assets | 2 |
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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 |
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Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Licence fees are billed as defined in the client contract. At the end of the accounting year the proportion of the billed licence fee covering the succeeding accounting year(s), rounded down to the nearest month, or any unused but purchased credits, is accrued. The appropriate proportion of the accrued revenue is recognised at the end of each month in the succeeding year(s). Unused credits for Online Services are recognised when they are used.
Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost, less estimated residual value over the expected useful life of each asset as follows:
Computers and Office Equipment 33% on cost
Fixtures & fittings 33% on cost
Valuation information and policy
Monetary assets and liabilities denominated in foreign currencies are retranslated at the rate of exchange ruling at the balance sheet date.
All differences are taken to the profit and loss account.
Other accounting policies
£ | |
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Cost | |
At 1 January 2014 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 31 December 2014 |
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Depreciation | |
At 1 January 2014 |
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Charge for the year |
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On disposals |
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At 31 December 2014 |
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Net book values | |
At 31 December 2014 | 1,665 |
At 31 December 2013 | 2,379 |