Accounts filed on 30-04-2014
Accounts filed on 30-04-2014
trueMetro International Entertainment Limited076077112014-04-30-447154-653514-447054-6535121002-447054-653512-447054-653512-447054-65351259263074753514557694023103693814944188312529Basis of accounting
The accounts have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Cash flow statement
The company has taken advantage of the exemption in Financial Reporting Standard Number 1 'Cash Flow Statements' 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.
The value of work done in relation to long-term contracts and continuing services is determined by reference to the stage of completion of the relevant project.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided on in full on timing differences, which result in an obligation to pay more tax at a future date, at the current tax rates and laws. Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which the timing differences reverse, based on on tax rates and laws enacted or substantially enacted at the balance sheet date.
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.
Ordinary10011002Ordinary110021002015-01-28W Machintruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureMetro International Entertainment Limited2013-05-012014-04-30Metro International Entertainment Limited2012-05-012013-04-30Metro International Entertainment Limited2012-04-30Metro International Entertainment Limited2013-04-30Metro International Entertainment Limited2013-04-30Metro International Entertainment Limited2014-04-30 2015-01-30
