Portland Partners Limited - Abbreviated accounts 16.1

Portland Partners Limited - Abbreviated accounts 16.1

PORTLAND PARTNERS LIMITED - Company Information

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REGISTERED NUMBER: 06969320 (England and Wales)













Abbreviated Accounts

for the Year Ended 31 July 2015

for

Portland Partners Limited

Portland Partners Limited (Registered number: 06969320)






Contents of the Abbreviated Accounts
for the Year Ended 31 July 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Portland Partners Limited

Company Information
for the Year Ended 31 July 2015







DIRECTOR: J D Francis





REGISTERED OFFICE: 1st Floor
2 Woodberry Grove
North Finchley
London
N12 0DR





REGISTERED NUMBER: 06969320 (England and Wales)





ACCOUNTANTS: Roy Pinnock & Co LLP
Chartered Accountants
Wren House
68 London Road
St Albans
Hertfordshire
AL1 1NG
Page 1
Portland Partners Limited (Registered number: 06969320)

Abbreviated Balance Sheet
31 July 2015

31.7.15 31.7.14
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 - 60

CURRENT ASSETS
Debtors 12,484 -
Cash at bank 443,126 383,914
455,610 383,914
CREDITORS
Amounts falling due within one year 52,568 43,363
NET CURRENT ASSETS 403,042 340,551
TOTAL ASSETS LESS CURRENT
LIABILITIES
403,042
340,611

PROVISIONS FOR LIABILITIES - 12
NET ASSETS 403,042 340,599

CAPITAL AND RESERVES
Called up share capital 3 1 1
Profit and loss account 403,041 340,598
SHAREHOLDERS' FUNDS 403,042 340,599

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end
of each financial year and of its profit or loss for each financial year in accordance with the requirements of
Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to
financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the director on 14 April 2016 and were signed by:





J D Francis - Director


The notes form part of these abbreviated accounts

Page 2
Portland Partners Limited (Registered number: 06969320)

Notes to the Abbreviated Accounts
for the Year Ended 31 July 2015

1. ACCOUNTING POLICIES

Accounting convention
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
Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment - 33% on cost

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Pensions
The company operates a defined contribution pension scheme. Contributions payable for the year are charged in
the profit and loss account.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 August 2014
and 31 July 2015 1,467
DEPRECIATION
At 1 August 2014 1,407
Charge for year 60
At 31 July 2015 1,467
NET BOOK VALUE
At 31 July 2015 -
At 31 July 2014 60

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.15 31.7.14
value: £    £   
1 Ordinary £1 Shares £1 1 1

Page 3