THE PORTUGUESE OFFER, INTERNATIONAL TRADE EXCHANGE CIC

Company limited by guarantee

Company Registration Number:
15536866 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2025

Period of accounts

Start date: 2 March 2024

End date: 31 March 2025

THE PORTUGUESE OFFER, INTERNATIONAL TRADE EXCHANGE CIC

Contents of the Financial Statements

for the Period Ended 31 March 2025

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

THE PORTUGUESE OFFER, INTERNATIONAL TRADE EXCHANGE CIC

Directors' report period ended 31 March 2025

The directors present their report with the financial statements of the company for the period ended 31 March 2025

Additional information

Asset Lock The company is a Community Interest Company and is subject to a statutory asset lock. Accordingly, its assets and any profits are retained for the benefit of the community and may not be distributed to members except as permitted by the CIC regulations. On dissolution, any residual assets are transferred to another asset-locked body or otherwise dealt with in accordance with the CIC rules. The Company has complied with its asset lock and has not made any distribution except as permitted by law and its governing document. Members Liability The liability of members is limited to £1, being the amount each member undertakes to contribute to the assets of the Company in the event of it being wound up while he or she is a member or within one year after he or she ceases to be a member.



Directors

The directors shown below have held office during the whole of the period from
2 March 2024 to 31 March 2025

Mr A Barreto
Mr C Ribeiro
Mr J Noronha
Mrs C Barreto


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
1 May 2026

And signed on behalf of the board by:
Name: Mrs C Barreto
Status: Director

THE PORTUGUESE OFFER, INTERNATIONAL TRADE EXCHANGE CIC

Balance sheet

As at 31 March 2025

Notes 13 months to 31 March 2025


£
Current assets
Cash at bank and in hand: 46
Total current assets: 46
Creditors: amounts falling due within one year: 3 ( 233 )
Net current assets (liabilities): (187)
Total assets less current liabilities: (187)
Total net assets (liabilities): (187)
Members' funds
Profit and loss account: (187)
Total members' funds: ( 187)

The notes form part of these financial statements

THE PORTUGUESE OFFER, INTERNATIONAL TRADE EXCHANGE CIC

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption 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 directors acknowledge their 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 1 May 2026
and signed on behalf of the board by:

Name: Mrs C Barreto
Status: Director

The notes form part of these financial statements

THE PORTUGUESE OFFER, INTERNATIONAL TRADE EXCHANGE CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Other accounting policies

    Government grants Grants and donations are recognised when entitlement is established, receipt is probable, and the amount can be measured reliably. Going concern In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue. The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.

THE PORTUGUESE OFFER, INTERNATIONAL TRADE EXCHANGE CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees

    13 months to 31 March 2025
    Average number of employees during the period 0

THE PORTUGUESE OFFER, INTERNATIONAL TRADE EXCHANGE CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Creditors: amounts falling due within one year note

13 months to 31 March 2025
£
Other creditors 233
Total 233

COMMUNITY INTEREST ANNUAL REPORT

THE PORTUGUESE OFFER, INTERNATIONAL TRADE EXCHANGE CIC

Company Number: 15536866 (England and Wales)

Year Ending: 31 March 2025

Company activities and impact

Several partnerships were established and Memorandums of Understanding were signed with various chambers of commerce across East Anglia and Portugal, to start the promotion of business and trade exchanges and create economic opportunities in east Anglia as per company objectives. A symposium event was delivered in Cambridge, gathering authorities, business and trade agencies form both the UK and Portugal to promote business, academic and cultural exchanges that can be the basis for future interchanges that will benefit and contribute to growth on both sides. These events and networking actions have placed the East of England and the UK, as a destination for business, investment and tourism, supporting the local economy especially small community businesses, in expanding their reach, growing their business incomes, and creating employment opportunities for local people. Our company as also started working on the delivery of a trade fair and other bilateral events that will create further opportunities for businesses and communities alike

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
1 May 2026

And signed on behalf of the board by:
Name: Mrs C Barreto
Status: Director