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Company Registration No. 07465790 (England and Wales)
Porthmeor House Consulting Limited Unaudited accounts for the year ended 31 December 2021
Porthmeor House Consulting Limited Unaudited accounts Contents
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Porthmeor House Consulting Limited Company Information for the year ended 31 December 2021
Directors
D Rickard S E Rickard
Secretary
J W Meredith
Company Number
07465790 (England and Wales)
Registered Office
KIRBY COTTAGE, THE STREET PLAXTOL SEVENOAKS KENT TN15 0QH ENGLAND
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Porthmeor House Consulting Limited Statement of financial position as at 31 December 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
8,348 
6,172 
Current assets
Debtors
- 
2,400 
Cash at bank and in hand
12,867 
18,022 
12,867 
20,422 
Creditors: amounts falling due within one year
(21,112)
(26,316)
Net current liabilities
(8,245)
(5,894)
Net assets
103 
278 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
3 
178 
Shareholders' funds
103 
278 
For the year ending 31 December 2021 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 1 September 2022 and were signed on its behalf by
D Rickard Director Company Registration No. 07465790
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Porthmeor House Consulting Limited Notes to the Accounts for the year ended 31 December 2021
1
Statutory information
Porthmeor House Consulting Limited is a private company, limited by shares, registered in England and Wales, registration number 07465790. The registered office is KIRBY COTTAGE, THE STREET, PLAXTOL, SEVENOAKS, KENT, TN15 0QH, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33% Straight-line basis
Going concern
After making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future despite the cessation of operations in January 2022. Accordingly, they continue to adopt the going concern basis in preparing the annual report and accounts.
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Porthmeor House Consulting Limited Notes to the Accounts for the year ended 31 December 2021
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2021
12,843 
Additions
6,350 
At 31 December 2021
19,193 
Depreciation
At 1 January 2021
6,671 
Charge for the year
4,174 
At 31 December 2021
10,845 
Net book value
At 31 December 2021
8,348 
At 31 December 2020
6,172 
5
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
Trade debtors
- 
2,400 
6
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
VAT
4,965 
7,153 
Taxes and social security
14,899 
16,527 
Other creditors
18 
15 
Loans from directors
- 
132 
Accruals
1,230 
2,489 
21,112 
26,316 
7
Share capital
2021 
2020 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Post balance sheet events
The company's main income source from a Government department was deemed to be inside the off-payroll working rules (IR35). Consequently, all contracted work ceased for the company in January 2022. Apart from small operating costs, the company has entered dormant status from then on.
9
Average number of employees
During the year the average number of employees was 2 (2020: 2).
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