Registered number
13502637
Portrait Theatre Ltd (a company limited by guarantee)
Unaudited Filleted Accounts
31 July 2024
Portrait Theatre Ltd (a company limited by guarantee)
Registered number: 13502637
Balance Sheet
as at 31 July 2024
Notes 2024 2023
£ £
Current assets
Prepayments 38 -
Cash at bank and in hand 253 1,633
291 1,633
Creditors: amounts falling due within one year 3 (1,234) (825)
Net current (liabilities)/assets (943) 808
Net (liabilities)/assets (943) 808
Reserves
Profit and loss account (943) 808
Members' funds (943) 808
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Isabelle Defaut-Juneja
Director
Approved by the board on 8 April 2025
Portrait Theatre Ltd (a company limited by guarantee)
Notes to the Accounts
for the year ended 31 July 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 425 410
Taxation and social security costs - 16
Other creditors 809 399
1,234 825
4 Limited by guarantee
The company is limited by the guarantee of members and does not have a share capital.
The liability of members is limited to £1.
As at 31st July 2024 there was one company member.
5 Going Concern
There was a net deficiency of assets of £943 at the balance sheet date; however, the director has confirmed continued support and considers the company retains sufficient working capital to continue operating for the foreseeable future.
6 Other information
Portrait Theatre Ltd (a company limited by guarantee) is a private company limited by guarantee and incorporated in England. Its registered office is:
92 Woodlawn Street
Whitstable
Kent
CT5 1HH
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