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REGISTERED NUMBER: 03174788 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

PORTELET CARE LIMITED

PORTELET CARE LIMITED (REGISTERED NUMBER: 03174788)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


PORTELET CARE LIMITED

COMPANY INFORMATION
for the Year Ended 31 December 2023







DIRECTORS: Varun Verma
Amit Verma
Amar Jyoti Verma
Mrs Sunita Kumari Verma





REGISTERED OFFICE: 36 Wilcot Close
Bisley
Woking
Surrey
GU24 9DE





REGISTERED NUMBER: 03174788 (England and Wales)

PORTELET CARE LIMITED (REGISTERED NUMBER: 03174788)

BALANCE SHEET
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 3 - 7,500
Tangible assets 4 97,525 4,986
97,525 12,486

CURRENT ASSETS
Debtors 5 1,256,131 1,122,352
Cash at bank and in hand 205,372 327,884
1,461,503 1,450,236
CREDITORS
Amounts falling due within one year 6 436,606 436,783
NET CURRENT ASSETS 1,024,897 1,013,453
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,122,422

1,025,939

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,122,322 1,025,839
1,122,422 1,025,939

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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 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 Board of Directors and authorised for issue on 25 July 2024 and were signed on its behalf by:




Amit Verma - Director


PORTELET CARE LIMITED (REGISTERED NUMBER: 03174788)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2023

1. 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in £150,000 , is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Pensions
For a defined benefit scheme, the liability recorded in the balance sheet is the present value of the defined
obligation at that date. The defined benefit obligation is calculated on an annual basis by independent
actuaries.

Actuarial gains and losses are recognised in full in the period in which they occur and are shown in Other Comprehensive Income. Current and past service costs, along with settlements or curtailments, are charged to the Income Statement. Interest on pension plan liabilities are recognised within finance expense.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 57 (2022 - 49 ) .

PORTELET CARE LIMITED (REGISTERED NUMBER: 03174788)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2023

3. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2023
and 31 December 2023 150,000
AMORTISATION
At 1 January 2023 142,500
Charge for year 7,500
At 31 December 2023 150,000
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 7,500

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Motor
property fittings vehicles Totals
£    £    £    £   
COST
At 1 January 2023 10,500 64,696 8,335 83,531
Additions - 117,198 - 117,198
At 31 December 2023 10,500 181,894 8,335 200,729
DEPRECIATION
At 1 January 2023 6,070 64,140 8,335 78,545
Charge for year 1,108 23,551 - 24,659
At 31 December 2023 7,178 87,691 8,335 103,204
NET BOOK VALUE
At 31 December 2023 3,322 94,203 - 97,525
At 31 December 2022 4,430 556 - 4,986

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 39,516 16,433
Other debtors 1,216,615 1,105,919
1,256,131 1,122,352

PORTELET CARE LIMITED (REGISTERED NUMBER: 03174788)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors - 58,252
Taxation and social security 57,361 28,771
Other creditors 379,245 349,760
436,606 436,783