Company Registration No. 10364426 (England and Wales)
Portland Hove Limited
Unaudited accounts
for the period from 7 September 2016 to 30 September 2017
Portland Hove Limited
Unaudited accounts
Contents
Portland Hove Limited
Company Information
for the period from 7 September 2016 to 30 September 2017
Company Number
10364426 (England and Wales)
Registered Office
Upper Floors
99 Clapton Common
London
E5 9AB
England
Accountants
Precision Ltd
30 Castlewood Road
London
N16 6DW
Portland Hove Limited
Statement of financial position
as at 30 September 2017
Investment property
1,586,422
Creditors: amounts falling due within one year
(2,002,060)
Net current liabilities
(1,699,373)
Profit and loss account
(112,952)
Shareholders' funds
(112,951)
For the period ending 30 September 2017 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the period in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 5 June 2018.
Yisroel Kohn
Director
Company Registration No. 10364426
Portland Hove Limited
Notes to the Accounts
for the period from 7 September 2016 to 30 September 2017
Portland Hove Limited is a private company, limited by shares, registered in England and Wales, registration number 10364426. The registered office is Upper Floors, 99 Clapton Common, London, E5 9AB, England.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
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Average number of employees
During the period the average number of employees was 0.
