Abbreviated Company Accounts - PORTFOLIO MARKETING LIMITED

PORTFOLIO MARKETING LIMITED - Company Information

04320206 PORTFOLIO MARKETING LIMITED 2016-07-31 false 2015-08-01 2016-07-31 true 04320206 2015-08-01 2016-07-31 04320206 2016-07-31 04320206 2015-07-31 04320206 uk-gaap-cd-bus:Director1 2015-08-01 2016-07-31 04320206 uk-gaap-cd-bus:Director2 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-31 iso4217:GBP shares

Registered Number 04320206

PORTFOLIO MARKETING LIMITED

Abbreviated Accounts

31 July 2016

PORTFOLIO MARKETING LIMITED Registered Number 04320206

Abbreviated Balance Sheet as at 31 July 2016

	Notes	2016	2015
		£	£
Fixed assets
Investments	2	110,001	110,001
		110,001	110,001
Current assets
Cash at bank and in hand		601	100
		601	100
Creditors: amounts falling due within one year		(92,496)	(92,504)
Net current assets (liabilities)		(91,895)	(92,404)
Total assets less current liabilities		18,106	17,597
Total net assets (liabilities)		18,106	17,597
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		18,006	17,497
Shareholders' funds		18,106	17,597

For the year ending 31 July 2016 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 13 March 2017

And signed on their behalf by:
I K PARTRIDGE, Director

PORTFOLIO MARKETING LIMITED Registered Number 04320206

Notes to the Abbreviated Accounts for the period ended 31 July 2016

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, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

2Fixed assets Investments
Investment in subsidiary undertaking.

Cost
At 1st August 2015 £110,001

At 31st July 2016 £ 110,001

The Company Investment at the balance sheet date in the share capital is as follows:-

Holiday Choice Limited
Insurance Agency - 100% holding

£1 Ordinary Shares (aggregate capital and reserves) £250,955 and 2015 £240,085

Profit for the year £10,870 and 2015 £34,433

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

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100