Abbreviated Company Accounts - PORTLEN LIMITED

03155789 PORTLEN LIMITED 2014-02-28 false 2013-03-01 2014-02-28 true 03155789 2013-03-01 2014-02-28 03155789 2014-02-28 03155789 2013-02-28 03155789 uk-gaap-cd-bus:Director1 2013-03-01 2014-02-28 03155789 uk-gaap-cd-bus:Director2 2013-03-01 2014-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-01 2014-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2014-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2013-02-28 iso4217:GBP shares

Registered Number 03155789

PORTLEN LIMITED

Abbreviated Accounts

28 February 2014

PORTLEN LIMITED Registered Number 03155789

Abbreviated Balance Sheet as at 28 February 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	247,476	247,476
		247,476	247,476
Current assets
Debtors		35,725	12,555
Cash at bank and in hand		171,475	266,739
		207,200	279,294
Creditors: amounts falling due within one year		(11,548)	(15,217)
Net current assets (liabilities)		195,652	264,077
Total assets less current liabilities		443,128	511,553
Total net assets (liabilities)		443,128	511,553
Capital and reserves
Called up share capital	3	500	500
Profit and loss account		442,628	511,053
Shareholders' funds		443,128	511,553

For the year ending 28 February 2014 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 2 July 2014

And signed on their behalf by:
R A R Merley, Director

PORTLEN LIMITED Registered Number 03155789

Notes to the Abbreviated Accounts for the period ended 28 February 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Tangible assets depreciation policy
Land and buildings are shown at original historic cost, less provision for impairment.
Asset class Depreciation method and rate
Freehold land and buildings: Not depreciated

2Tangible fixed assets

	£
Cost
At 1 March 2013	247,476
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 28 February 2014	247,476
Depreciation
At 1 March 2013	-
Charge for the year	-
On disposals	-
At 28 February 2014	-
Net book values
At 28 February 2014	247,476
At 28 February 2013	247,476

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
500 Ordinary shares of £1 each	500	500