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Company Registration No. 10432719 (England and Wales)
Portinate Limited Unaudited accounts for the year ended 30 November 2024
Portinate Limited Unaudited accounts Contents
Page
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Portinate Limited Company Information for the year ended 30 November 2024
Director
Tristan Harris
Company Number
10432719 (England and Wales)
Registered Office
Fortis House Cothey Way Ryde Isle of Wight PO33 1QT England
Accountants
Vision Accounting Fortis House Cothey Way Ryde Isle of Wight PO33 1QT
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Portinate Limited Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
465 
46,559 
Cash at bank and in hand
61,818 
103,683 
62,283 
150,242 
Creditors: amounts falling due within one year
(17,647)
(49,594)
Net current assets
44,636 
100,648 
Net assets
44,636 
100,648 
Capital and reserves
Called up share capital
200 
200 
Profit and loss account
44,436 
100,448 
Shareholders' funds
44,636 
100,648 
For the year ending 30 November 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 13 March 2025 and were signed on its behalf by
Tristan Harris Director Company Registration No. 10432719
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Portinate Limited Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
Portinate Limited is a private company, limited by shares, registered in England and Wales, registration number 10432719. The registered office is Fortis House, Cothey Way, Ryde, Isle of Wight, PO33 1QT, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% Straight-Line
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 December 2023
3,389 
At 30 November 2024
3,389 
Depreciation
At 1 December 2023
3,389 
At 30 November 2024
3,389 
Net book value
At 30 November 2024
- 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
465 
11,559 
Other debtors
- 
35,000 
465 
46,559 
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Portinate Limited Notes to the Accounts for the year ended 30 November 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
8,137 
4,286 
Trade creditors
683 
- 
Taxes and social security
8,152 
43,176 
Loans from directors
675 
2,132 
17,647 
49,594 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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