Acorah Software Products - Accounts Production 16.1.200 false true true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 08040064 Mr Jose Sanchez Mr Jamie Morrison Victor Sanchez Atc Corporate Secretaries Limited iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08040064 2023-04-30 08040064 2024-04-30 08040064 2023-05-01 2024-04-30 08040064 frs-core:CurrentFinancialInstruments 2024-04-30 08040064 frs-core:ShareCapital 2024-04-30 08040064 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 08040064 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 08040064 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 08040064 frs-bus:SmallEntities 2023-05-01 2024-04-30 08040064 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 08040064 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 08040064 frs-core:UnlistedNon-exchangeTraded 2024-04-30 08040064 frs-core:UnlistedNon-exchangeTraded 2023-04-30 08040064 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-04-30 08040064 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:UnlistedNon-exchangeTraded 2024-04-30 08040064 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-04-30 08040064 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-04-30 08040064 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-04-30 08040064 frs-bus:Director1 2023-05-01 2024-04-30 08040064 frs-bus:Director2 2023-05-01 2024-04-30 08040064 frs-bus:Director2 2023-04-30 08040064 frs-bus:Director2 2024-04-30 08040064 frs-bus:Director3 2023-05-01 2024-04-30 08040064 frs-bus:CompanySecretary1 2023-05-01 2024-04-30 08040064 frs-countries:EnglandWales 2023-05-01 2024-04-30 08040064 2022-04-30 08040064 2023-04-30 08040064 2022-05-01 2023-04-30 08040064 frs-core:CurrentFinancialInstruments 2023-04-30 08040064 frs-core:ShareCapital 2023-04-30 08040064 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 08040064
Portland Europe Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
More Group (Accounting) Limited
Unaudited Financial Statements
Contents
Page
Company Information 1
Balance Sheet 2—3
Notes to the Financial Statements 4—5
Page 1
Company Information
Directors Mr Jose Sanchez
Mr Jamie Morrison
Victor Sanchez
Secretary Atc Corporate Secretaries Limited
Company Number 08040064
Registered Office 65 Compton Street
London
EC1V 0BN
Accountants More Group (Accounting) Limited
65 Compton Street
London
EC1V 0BN
Page 1
Page 2
Balance Sheet
Registered number: 08040064
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 34,168 35,292
34,168 35,292
CURRENT ASSETS
Debtors 5 715,507 715,507
Cash at bank and in hand - 193,181
715,507 908,688
Creditors: Amounts Falling Due Within One Year 6 (1,720,232 ) (1,829,161 )
NET CURRENT ASSETS (LIABILITIES) (1,004,725 ) (920,473 )
TOTAL ASSETS LESS CURRENT LIABILITIES (970,557 ) (885,181 )
NET LIABILITIES (970,557 ) (885,181 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (970,657 ) (885,281 )
SHAREHOLDERS' FUNDS (970,557) (885,181)
Page 2
Page 3
For the year ending 30 April 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 Jamie Morrison
Director
22/01/2025
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Portland Europe Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08040064 . The registered office is 65 Compton Street, London, EC1V 0BN.
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. Going Concern Disclosure
These accounts have been prepared on the going concern basis , on the understanding that the beneficial owner will continue to financially support the company during this uncertian period.
2.3. 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: 3 (2023: 3)
3 3
4. Investments
Unlisted
£
Cost
As at 1 May 2023 35,292
Revaluations (1,124 )
As at 30 April 2024 34,168
Provision
As at 1 May 2023 -
As at 30 April 2024 -
Net Book Value
As at 30 April 2024 34,168
As at 1 May 2023 35,292
Investment of £172,893 is written off due to the dissolution of Quark Robotics, an investee company. 
50 % investment in EP Mex Company is sold, subsequent to the year end.
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 71,954 71,954
Other debtors 643,553 643,553
715,507 715,507
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6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - (1 )
Other creditors 1,617,102 1,617,102
Directors' loan accounts 103,130 212,060
1,720,232 1,829,161
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
8. Directors Advances, Credits and Guarantees
Included within Creditors are the following loans to directors:
As at 1 May 2023 Amounts advanced Amounts repaid Amounts written off As at 30 April 2024
£ £ £ £ £
Mr Jose Sanchez 212,060 - (108,930 ) - 103,130
The above loan is unsecured, interest free and repayable on demand.
Page 5