| Portfolio Software Limited |
| Registered Number:04461613 |
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2025
Portfolio Software Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Portfolio Software Limited
Statement of Financial Position
2024
2025
| Property, plant and equipment |
5,150
5,999
2
5,150
5,999
| Trade and other receivables |
46,329
70,425
3
19,679
| Cash and cash equivalents |
16,988
87,413
66,008
| Trade and other payables: amounts falling due within one year |
(71,709)
(92,268)
4
(5,701)
(4,855)
Net current liabilities
| Total assets less current liabilities |
295
298
295
Net assets
298
100
100
195
198
295
298
Shareholders' funds
| For the year ended 31 March 2025 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 of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each |
| financial year and of its profit or loss for each financial year in accordance with the requirements of Section 394 and 395 and |
| which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable |
| to the company. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| Michael Beardshall Director |
| These financial statements were approved and authorised for issue by the Board on 29 December 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 March 2025
Portfolio Software Limited
Notes to the Financial Statements
Statutory Information
| Portfolio Software Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number |
| 04461613. |
| Principal place of business: |
9 Newitt Place
Southampton
SO16 7FA
Unit 21, Kingspark Business Centre
152-178 Kingston Road
New Malden
Surrey
KT3 3ST
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard |
| 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The |
| financial statements have been prepared under the historical costs convention. |
Revenue recognition
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Property, plant and equipment
| Tangible fixed assets are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer equipment
Fixtures, fixture and equipt
Deferred tax
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
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For the year ended 31 March 2025
Portfolio Software Limited
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
| Fixtures, fixture |
| and equipt |
13,494
11,092
2,402
680
-
680
3,082
11,092
14,174
| Provision for depreciation and impairment |
7,495
5,410
2,085
Charge for year
1,529
1,421
108
9,024
6,831
2,193
889
4,261
5,150
317
5,682
5,999
| 3. Trade and other receivables |
2024
2025
43,365
28,365
27,060
17,964
46,329
70,425
| Included in other debtors is an interest free loan to the director in the amount of £9,210, which was repaid within nine months of the company's year end. |
| 4. Trade and other payables: amounts falling due within one year |
2024
2025
| Taxation and social security |
92,268
71,709
| 5. Related party transactions |
The company is controlled by the director, Michael Beardshall, by virtue of his 100% shareholding in the company.
| 6. Average number of persons employed |
During the year the average number of employees was 1 (2024 : 1)
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