PORISM LIMITED

Company Registration Number:
02192915 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

PORISM LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

PORISM LIMITED

Profit And Loss Account

for the Period Ended 31 December 2023

2023 2022


£

£
Turnover: 828,540 866,050
Gross profit(or loss): 828,540 866,050
Administrative expenses: ( 769,791 ) ( 732,126 )
Operating profit(or loss): 58,749 133,924
Interest receivable and similar income: 1,579 165
Interest payable and similar charges: ( 400 )
Profit(or loss) before tax: 59,928 134,089
Tax: 2,565 8,022
Profit(or loss) for the financial year: 62,493 142,111

PORISM LIMITED

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Fixed assets
Investments: 3 1 1
Total fixed assets: 1 1
Current assets
Debtors: 4 556,440 525,608
Cash at bank and in hand: 232,727 208,874
Total current assets: 789,167 734,482
Creditors: amounts falling due within one year: 5 ( 117,386 ) ( 124,628 )
Net current assets (liabilities): 671,781 609,854
Total assets less current liabilities: 671,782 609,855
Provision for liabilities: ( 566 )
Total net assets (liabilities): 671,782 609,289
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 671,780 609,287
Total Shareholders' funds: 671,782 609,289

The notes form part of these financial statements

PORISM LIMITED

Balance sheet statements

For the year ending 31 December 2023 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 25 September 2024
and signed on behalf of the board by:

Name: Jason Fahy
Status: Director

The notes form part of these financial statements

PORISM LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PORISM LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 9 9

PORISM LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Fixed assets investments note

The investment relates to 100% investment in Electronic Services Delivery (ESD) Limited (Reg No 05905392)

PORISM LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Debtors

2023 2022
£ £
Trade debtors 497,984 509,049
Prepayments and accrued income 48,436 8,012
Other debtors 10,020 8,547
Total 556,440 525,608

PORISM LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 10,376 10,125
Taxation and social security 46,990 35,232
Accruals and deferred income 58,096 77,312
Other creditors 1,924 1,959
Total 117,386 124,628