PORTLAND GATE ESTATES LIMITED - Abbreviated accounts 16.1

REGISTERED NUMBER: 02446649 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

PORTLAND GATE ESTATES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

A Patel

P A M Charles

SECRETARY:

A Patel

REGISTERED OFFICE:

24 Bedford Road

Moorpark

Northwood

Middlesex

HA6 2AZ

REGISTERED NUMBER:

02446649 (England and Wales)

ACCOUNTANTS:

Dawn & Co.

Chartered Certified Accountants

35A High Street

Ruislip

Middlesex

HA4 7AU

FIXED ASSETS

Tangible assets

2

163,883

163,883

CURRENT ASSETS

Debtors

150

150

Cash at bank

145

7

295

157

CREDITORS

Amounts falling due within one year

64,532

68,855

NET CURRENT LIABILITIES

(64,237

)

(68,698

)

TOTAL ASSETS LESS CURRENT LIABILITIES

99,646

95,185

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

99,644

95,183

SHAREHOLDERS' FUNDS

99,646

95,185

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 12 August 2016 and were signed on its behalf by:

P A M Charles - Director

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 January 2015).

Tangible fixed assets

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

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

163,883

NET BOOK VALUE

At 31 March 2016

163,883

At 31 March 2015

163,883

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

£

2

Ordinary

£1

2

2