Abbreviated Company Accounts - PORTLAND MANAGEMENT SOLUTIONS LIMITED

PORTLAND MANAGEMENT SOLUTIONS LIMITED - Company Information

07344837 PORTLAND MANAGEMENT SOLUTIONS LIMITED 2015-10-31 false 2014-09-01 2015-10-31 true 07344837 2014-09-01 2015-10-31 07344837 2015-10-31 07344837 2014-08-31 07344837 uk-gaap-cd-bus:Director1 2014-09-01 2015-10-31 07344837 uk-gaap-cd-bus:Director2 2014-09-01 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-01 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-31 iso4217:GBP shares

Registered Number 07344837

PORTLAND MANAGEMENT SOLUTIONS LIMITED

Abbreviated Accounts

31 October 2015

PORTLAND MANAGEMENT SOLUTIONS LIMITED Registered Number 07344837

Abbreviated Balance Sheet as at 31 October 2015

	Notes	31/10/2015	31/08/2014
		£	£
Current assets
Debtors		1,583	843
Cash at bank and in hand		1,546	14,069
		3,129	14,912
Creditors: amounts falling due within one year		(3,000)	(5,503)
Net current assets (liabilities)		129	9,409
Total assets less current liabilities		129	9,409
Total net assets (liabilities)		129	9,409
Capital and reserves
Called up share capital	2	100	100
Profit and loss account		29	9,309
Shareholders' funds		129	9,409

For the year ending 31 October 2015 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 14 June 2016

And signed on their behalf by:
M J Redford, Director

PORTLAND MANAGEMENT SOLUTIONS LIMITED Registered Number 07344837

Notes to the Abbreviated Accounts for the period ended 31 October 2015

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 the value of services provided under contracts, to the extent that there is a right to consideration, and is recorded at the value of the consideration due.

Where a contract has only been partially completed at the balance sheet date, turnover represents the value of the service provided to date, based on a proportion of the total expected consideration at completion.

Where payments are received from customers in advance of services provided, the amounts are recorded as Deferred Income and included as part of Creditors due within one year.

2Called Up Share Capital
Allotted, called up and fully paid:

	31/10/2015 £	31/08/2014 £
100 Ordinary shares of £1 each	100	100