COMPANY REGISTRATION NUMBER:
07475370
Portward Environmental Limited |
|
Filleted Unaudited Financial Statements |
|
Portward Environmental Limited |
|
Statement of Financial Position |
|
30 April 2024
Current assets
Stocks |
15,000 |
|
15,000 |
|
Cash at bank and in hand |
100 |
|
100 |
|
|
-------- |
|
-------- |
|
|
15,100 |
|
15,100 |
|
|
|
|
|
|
Creditors: amounts falling due within one year |
5 |
15,000 |
|
15,000 |
|
|
-------- |
|
-------- |
|
Net current assets |
|
100 |
|
100 |
|
|
---- |
|
---- |
Total assets less current liabilities |
|
100 |
|
100 |
|
|
---- |
|
---- |
|
|
|
|
|
|
Capital and reserves
Called up share capital |
|
100 |
|
100 |
|
|
---- |
|
---- |
Shareholders funds |
|
100 |
|
100 |
|
|
---- |
|
---- |
|
|
|
|
|
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 income statement has not been delivered.
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.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
These financial statements were approved by the
board of directors
and authorised for issue on
30 January 2025
, and are signed on behalf of the board by:
Company registration number:
07475370
Portward Environmental Limited |
|
Notes to the Financial Statements |
|
Year ended 30 April 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 Priory Farm, Leys Lane, Hampole, Doncaster, DN6 7ES.
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
(a)
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.
(b)
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
(c)
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4.
Employee numbers
The average number of persons employed by the company during the year, including the directors, amounted to 1 (2023:1).
5.
Creditors:
amounts falling due within one year
|
2024 |
2023 |
|
£ |
£ |
Director loan accounts |
15,000 |
15,000 |
|
-------- |
-------- |
|
|
|
6.
Related party transactions
During the year year
the director
made available loans to the company. The loans are interest free and repayable on demand. At the year end date the balance due to the directors totalled £ 15,000
. (2023 - £ 15,000
).