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REGISTERED NUMBER: 01561798 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2023

for

Portland Heat Treatment Company Ltd

Portland Heat Treatment Company Ltd (Registered number: 01561798)






Contents of the Financial Statements
for the Year Ended 30 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Portland Heat Treatment Company Ltd

Company Information
for the Year Ended 30 September 2023







DIRECTOR: I. Strong





SECRETARY: I. Strong





REGISTERED OFFICE: G8 Lynch Lane Offices
79 Lynch Lane
Weymouth
Dorset
DT4 9DN





REGISTERED NUMBER: 01561798 (England and Wales)





ACCOUNTANTS: RWB Tax Consultants Limited
G8 Lynch Lane Offices
Lynch Lane
Weymouth
Dorset
DT4 9DN

Portland Heat Treatment Company Ltd (Registered number: 01561798)

Balance Sheet
30 September 2023

30.9.23 30.9.22
Notes £    £   
CURRENT ASSETS
Debtors 4 84,587 130,896
Cash at bank and in hand 12,268 8,831
96,855 139,727
CREDITORS
Amounts falling due within one year 5 1,404 52,961
NET CURRENT ASSETS 95,451 86,766
TOTAL ASSETS LESS CURRENT
LIABILITIES

95,451

86,766

CAPITAL AND RESERVES
Called up share capital 6 1,000 1,000
Retained earnings 7 94,451 85,766
SHAREHOLDERS' FUNDS 95,451 86,766

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 September 2024 and were signed by:





I. Strong - Director


Portland Heat Treatment Company Ltd (Registered number: 01561798)

Notes to the Financial Statements
for the Year Ended 30 September 2023

1. STATUTORY INFORMATION

Portland Heat Treatment Company Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 2 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Trade debtors 26 177
Other debtors 84,561 130,719
84,587 130,896

Portland Heat Treatment Company Ltd (Registered number: 01561798)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Trade creditors 900 350
Accrued expenses 504 52,611
1,404 52,961

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.23 30.9.22
value: £    £   
1,000 Ordinary £1 1,000 1,000

7. RESERVES
Retained
earnings
£   

At 1 October 2022 85,766
Profit for the year 8,685
At 30 September 2023 94,451

8. RELATED PARTY DISCLOSURES

The director, I Strong, is also a director and shareholder of Portland Engineering Company Limited.

In addition, Portland Heat Treatment Company Limited paid Portland Engineering Company Ltd rent of £0 (2022 - £22,000).

Portland Heat Treatment Company Limited also accrued for expenses to Portland Engineering Company Ltd contributions to purchases £0, wages £0, insurance £0 and rates £0 (2022 - purchases £3,000, wages £3,000, insurance £5,749 and rates £7,782).

At the year end Portland Engineering Company Limited owed £84,561 (2022 - £130,719) to Portland Heat Treatment Company Limited.