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Registration number: 03712363

Portfolio Five Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2024

 

Portfolio Five Ltd

Contents

Statement of Financial Position

1 to 2

Notes to the Unaudited Financial Statements

1

 

Portfolio Five Ltd

(Registration number: 03712363)
Statement of Financial Position as at 31 March 2024

2024
£

2023
£

Fixed assets

882

1,037

Current assets

836

3,696

Creditors: Amounts falling due within one year

(361)

(600)

Net current assets

475

3,096

Total assets less current liabilities

1,357

4,133

Creditors: Amounts falling due after more than one year

(74,026)

(70,609)

Accruals and deferred income

(1,693)

(1,349)

 

(74,362)

(67,825)

Capital and reserves

(74,362)

(67,825)

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
3 Station Road
Pinhoe
Exeter
Devon
EX1 3SA

Principal activity

The principal activity of the company is that of a publisher

2

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

3

Going concern

As at 31 March 2024, the company had net current liabilities totalling £74,362. Within the net liabilities is a loan balance owed to the director totalling £74,026. The director has confirmed that the loan will not be requested to be repaid for at least 12 months from the date that the financial statements are approved. The director has expressed her continued support for the company and therefore considers the going concern basis of accounting to be appropriate.

 

Portfolio Five Ltd

(Registration number: 03712363)
Statement of Financial Position as at 31 March 2024 (continued)

For the financial 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.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the micro entities regime and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Statement of Comprehensive Income.

Approved and authorised by the director on 6 June 2025
 


Ms S E K Jago MA
Company secretary and director