2 false false false false false false false false false false true false false false false false false No description of principal activity 2023-03-07 Sage Accounts Production Advanced 2023 - FRS102_2023 1,927 1,927 589 589 1,338 xbrli:pure xbrli:shares iso4217:GBP 14712972 2023-03-07 2024-06-30 14712972 2024-06-30 14712972 2023-03-06 14712972 bus:RegisteredOffice 2023-03-07 2024-06-30 14712972 bus:LeadAgentIfApplicable 2023-03-07 2024-06-30 14712972 bus:Director1 2023-03-07 2024-06-30 14712972 bus:Director2 2023-03-07 2024-06-30 14712972 core:WithinOneYear 2024-06-30 14712972 core:ShareCapital 2024-06-30 14712972 core:SharePremium 2024-06-30 14712972 core:RetainedEarningsAccumulatedLosses 2024-06-30 14712972 bus:SmallEntities 2023-03-07 2024-06-30 14712972 bus:AuditExemptWithAccountantsReport 2023-03-07 2024-06-30 14712972 bus:SmallCompaniesRegimeForAccounts 2023-03-07 2024-06-30 14712972 bus:PrivateLimitedCompanyLtd 2023-03-07 2024-06-30 14712972 bus:FullAccounts 2023-03-07 2024-06-30 14712972 core:OfficeEquipment 2023-03-07 2024-06-30 14712972 core:OfficeEquipment 2024-06-30
COMPANY REGISTRATION NUMBER: 14712972
Ponterra Ltd (formerly Nature Partners Ltd)
Filleted Unaudited Financial Statements
30 June 2024
Ponterra Ltd (formerly Nature Partners Ltd)
Financial Statements
Period from 7 March 2023 to 30 June 2024
Contents
Page
Officers and professional advisers
1
Chartered certified accountants report to the board of directors on the preparation of the unaudited statutory financial statements
2
Statement of financial position
3
Notes to the financial statements
5
Ponterra Ltd (formerly Nature Partners Ltd)
Officers and Professional Advisers
The board of directors
S T Pastor
C M Francis
Registered office
21a Kensington Church Street
London
W8 4LF
Accountants
Complete Accounting Solutions
Chartered Certified Accountants
727-729 High Road
London
N12 0BP
Ponterra Ltd (formerly Nature Partners Ltd)
Chartered Certified Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of Ponterra Ltd (formerly Nature Partners Ltd)
Period from 7 March 2023 to 30 June 2024
As described on the statement of financial position, the directors of the company are responsible for the preparation of the financial statements for the period ended 30 June 2024, which comprise the statement of financial position and the related notes. You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.
Complete Accounting Solutions Chartered Certified Accountants
727-729 High Road London N12 0BP
6 January 2025
Ponterra Ltd (formerly Nature Partners Ltd)
Statement of Financial Position
30 June 2024
30 Jun 24
Note
£
Fixed assets
Tangible assets
5
1,338
Current assets
Debtors
6
887,148
Cash at bank and in hand
316,090
------------
1,203,238
Creditors: amounts falling due within one year
7
( 793,164)
------------
Net current assets
410,074
---------
Total assets less current liabilities
411,412
---------
Capital and reserves
Called up share capital
8
4
Share premium account
918,540
Profit and loss account
( 507,132)
---------
Shareholders funds
411,412
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the period ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Ponterra Ltd (formerly Nature Partners Ltd)
Statement of Financial Position (continued)
30 June 2024
These financial statements were approved by the board of directors and authorised for issue on 6 January 2025 , and are signed on behalf of the board by:
C M Francis
Director
Company registration number: 14712972
Ponterra Ltd (formerly Nature Partners Ltd)
Notes to the Financial Statements
Period from 7 March 2023 to 30 June 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 21a Kensington Church Street, London, W8 4LF.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
In our opinion, on the basis of information and enquiries that are pertinent to the company's circumstances and which we believe to be adequate, it is appropriate to continue to treat the company as a going concern. In particular we believe that adequate cash resources will be available to cover the company's requirements for working capital for at least twelve months from the date of signing the financial statements.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
IT Equipment
-
33% straight line
4. Employee numbers
The average number of persons employed by the company during the period amounted to 2 .
5. Tangible assets
Equipment
£
Cost
At 7 March 2023
Additions
1,927
-------
At 30 June 2024
1,927
-------
Depreciation
At 7 March 2023
Charge for the period
589
-------
At 30 June 2024
589
-------
Carrying amount
At 30 June 2024
1,338
-------
6. Debtors
30 Jun 24
£
Other debtors
887,148
---------
7. Creditors: amounts falling due within one year
30 Jun 24
£
Trade creditors
214,328
Other creditors
578,836
---------
793,164
---------
Included within other creditors is £577,836 of convertible debt .
8. Called up share capital
During the period, the company issued 223,138 Ordinary shares of £0.00001 each for a total consideration of £918,542.