Portform Three Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 01129448

Unaudited Financial Statements for the Year Ended 30 September 2019

for

Portform Three Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

G K Davis

REGISTERED OFFICE:

24 Circus Mews

Bath

BA1 2PW

REGISTERED NUMBER:

01129448

CREDITORS

Amounts falling due within one year

3

130,426

130,426

NET CURRENT LIABILITIES

(130,426

)

(130,426

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(130,426

)

(130,426

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(130,526

)

(130,526

)

SHAREHOLDERS' FUNDS

(130,426

)

(130,426

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 June 2020 and were signed by:

G K Davis - Director

1.	STATUTORY INFORMATION

Portform Three Ltd is a private company, limited by shares , registered in Not

specified/Other. The company's registered number and registered office address can be

found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income

Statement, except to the extent that it relates to items recognised in other comprehensive

income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that

have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in

periods different from those in which they are recognised in financial statements. Deferred

tax is measured using tax rates and laws that have been enacted or substantively enacted

by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it

is probable that they will be recovered against the reversal of deferred tax liabilities or other

future taxable profits.

3.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.19

30.9.18

£

£

Amounts owed to group undertakings

130,426

130,426

4.	RELATED PARTY DISCLOSURES

The immediate controlling party of Portform Three Limited is its parent Shepperton Group

Limited.

The ultimate controlling party is Shepperton Ventures Limited which is controlled by its

shareholder, G K Davis.

The company has taken advantage of the exemption from providing details of related party

transactions with group related parties as they are incorporated within the financial

statements of its parent undertaking, Shepperton Group Limited. Copies of that company's

financial statements can be obtained from its registered office at 11 Lansdowne Court,

Bumpers Way, Bumpers Farm, Chippenham, SN14 6RZ.