1 Portland Place Management Limited - Period Ending 2016-06-30

Registration number: 06959514

1 Portland Place Management Limited

(A company limited by guarantee)

Unaudited Abbreviated Accounts

for the Year Ended 30 June 2016
 

C V Ross & Co Limited
Accountants and Tax Consultants
Unit 1, Office 1
Tower Lane Business Park
Tower Lane
Warmley
Bristol
BS30 8XT

1 Portland Place Management Limited
(Registration number: 06959514)
Abbreviated Balance Sheet at 30 June 2016

		Note			2016 £			2015 £
Current assets
Cash at bank and in hand					1,261			2,201
Creditors: Amounts falling due within one year					(1,514)			(2,080)
Net (liabilities)/assets					(253)			121
Capital and reserves
Profit and loss account					(253)			121
Members' (deficit)/funds					(253)			121

The notes on page 3 form an integral part of these financial statements.
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1 Portland Place Management Limited
(Registration number: 06959514)
Abbreviated Balance Sheet at 30 June 2016
......... continued

For the year ending 30 June 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime .

Approved by the Board on 31 March 2017 and signed on its behalf by:

.........................................
Mr A H M Horton
Director

The notes on page 3 form an integral part of these financial statements.
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1 Portland Place Management Limited
Notes to the Abbreviated Accounts for the Year Ended 30 June 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Turnover

Turnover represents amounts chargeable in respect of management and service charges due from leaseholders.

2	Company status

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

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