REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 22 FEBRUARY 2022 TO 28 FEBRUARY 2023 |
FOR |
PORTNELLAN ESTATE LTD |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 22 FEBRUARY 2022 TO 28 FEBRUARY 2023 |
FOR |
PORTNELLAN ESTATE LTD |
PORTNELLAN ESTATE LTD (REGISTERED NUMBER: SC724042) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 22 FEBRUARY 2022 TO 28 FEBRUARY 2023 |
Page |
Company Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
PORTNELLAN ESTATE LTD |
COMPANY INFORMATION |
FOR THE PERIOD 22 FEBRUARY 2022 TO 28 FEBRUARY 2023 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
BANKERS: |
7th Floor |
Norfolk House |
31 St James's Square |
London |
SW1Y 4JR |
PORTNELLAN ESTATE LTD (REGISTERED NUMBER: SC724042) |
ABRIDGED BALANCE SHEET |
28 FEBRUARY 2023 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
CREDITORS |
Amounts falling due after more than one year |
NET LIABILITIES | ( |
) |
CAPITAL AND RESERVES |
Called up share capital | 5 |
Retained earnings | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) |
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. |
PORTNELLAN ESTATE LTD (REGISTERED NUMBER: SC724042) |
ABRIDGED BALANCE SHEET - continued |
28 FEBRUARY 2023 |
In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
PORTNELLAN ESTATE LTD (REGISTERED NUMBER: SC724042) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 22 FEBRUARY 2022 TO 28 FEBRUARY 2023 |
1. | STATUTORY INFORMATION |
Portnellan Estate Ltd is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements have been prepared on the going concern basis the directors having agreed to continue to support the company. |
Tangible fixed assets |
Motor vehicles | - |
Computer equipment | - |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
Additions |
At 28 February 2023 |
DEPRECIATION |
Charge for period |
At 28 February 2023 |
NET BOOK VALUE |
At 28 February 2023 |
The net book value of tangible fixed assets includes £14,000 in respect of assets held under hire purchase agreements. The amount of depreciation in respect of such assets amounted to £3,500 for the financial year. |
5. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
Ordinary A | £1 | 50 |
Ordinary B | £1 | 50 |
100 |
PORTNELLAN ESTATE LTD (REGISTERED NUMBER: SC724042) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 22 FEBRUARY 2022 TO 28 FEBRUARY 2023 |
5. | CALLED UP SHARE CAPITAL - continued |
The following shares were issued during the period for cash at par : |
50 Ordinary A shares of £1 |
50 Ordinary B shares of £1 |
6. | RELATED PARTY DISCLOSURES |
Turnpoint Consulting Ltd: |
During the financial period the company made payments of £12,645 on behalf of Turnpoint Consulting Ltd. As at 28 February 2023 the company was owed £12,645 from Turnpoint Consulting Ltd. |
Sheldon Hotel Ltd: |
During the financial period the company made payments of £3,000 on behalf of Sheldon Hotel Ltd. As at 28 February 2023 the company was owed £3,000 from Sheldon Hotel Ltd. |