Acorah Software Products - Accounts Production 16.1.300 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 10432453 Mr Prashant Francis Mr Reyhaan Aboo iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10432453 2023-03-31 10432453 2024-03-31 10432453 2023-04-01 2024-03-31 10432453 frs-core:CurrentFinancialInstruments 2024-03-31 10432453 frs-core:SharePremium 2024-03-31 10432453 frs-core:ShareCapital 2024-03-31 10432453 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 10432453 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 10432453 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 10432453 frs-bus:SmallEntities 2023-04-01 2024-03-31 10432453 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 10432453 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 10432453 frs-core:CostValuation 2023-03-31 10432453 frs-core:CostValuation 2024-03-31 10432453 frs-core:ProvisionsForImpairmentInvestments 2023-03-31 10432453 frs-core:ProvisionsForImpairmentInvestments 2024-03-31 10432453 frs-bus:Director1 2023-04-01 2024-03-31 10432453 frs-bus:Director2 2023-04-01 2024-03-31 10432453 frs-countries:EnglandWales 2023-04-01 2024-03-31 10432453 2022-03-31 10432453 2023-03-31 10432453 2022-04-01 2023-03-31 10432453 frs-core:CurrentFinancialInstruments 2023-03-31 10432453 frs-core:SharePremium 2023-03-31 10432453 frs-core:ShareCapital 2023-03-31 10432453 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 10432453
Portman Global Partners Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10432453
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 7,618 7,618
7,618 7,618
CURRENT ASSETS
Debtors 5 160,079 -
Cash at bank and in hand 433,696 34,204
593,775 34,204
Creditors: Amounts Falling Due Within One Year 6 (58,724 ) (81,399 )
NET CURRENT ASSETS (LIABILITIES) 535,051 (47,195 )
TOTAL ASSETS LESS CURRENT LIABILITIES 542,669 (39,577 )
NET ASSETS/(LIABILITIES) 542,669 (39,577 )
CAPITAL AND RESERVES
Called up share capital 7 671 671
Share premium account 999,678 999,678
Profit and Loss Account (457,680 ) (1,039,926 )
SHAREHOLDERS' FUNDS 542,669 (39,577)
Page 1
Page 2
For the year ending 31 March 2024 the company was entitled to exemption from audit 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Prashant Francis
Director
06/12/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Portman Global Partners Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10432453 . The registered office is The Engine Room, 18 The Power Station, LONDON, SW11 8BZ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Investments
Subsidiaries
£
Cost
As at 1 April 2023 7,618
As at 31 March 2024 7,618
Provision
As at 1 April 2023 -
As at 31 March 2024 -
Net Book Value
As at 31 March 2024 7,618
As at 1 April 2023 7,618
5. Debtors
2024 2023
£ £
Due within one year
Settlement of loan 159,352 -
VAT 727 -
160,079 -
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 8,313 8,508
Intertoll Investment 50,000 50,000
VAT - 2,729
Directors' loan accounts 411 20,162
58,724 81,399
Page 3
Page 4
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 671 671
Page 4