Portland Hill Design & Management Ltd - Limited company - abbreviated - 11.6
Portland Hill Design & Management Ltd - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts for the Year Ended 31 December 2013 |
| for |
| Portland Hill Design & Management Ltd |
| Previously known as |
| Tzar Design & Construct Limited |
| Portland Hill Design & Management Ltd (Registered number: 02833666) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 31 December 2013 |
| Page |
| Abbreviated Balance Sheet | 1 |
| Notes to the Abbreviated Accounts | 2 |
| Portland Hill Design & Management Ltd (Registered number: 02833666) |
| Abbreviated Balance Sheet |
| 31 December 2013 |
| 31.12.13 | 31.12.12 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Profit and loss account | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS |
| 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 were approved by the director on |
| Portland Hill Design & Management Ltd (Registered number: 02833666) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 31 December 2013 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention and in accordance with the |
| Financial Reporting Standard for Smaller Entities (effective April 2008). |
| Turnover |
| Turnover represents net invoiced sales of services, excluding value added tax. |
| Tangible fixed assets |
| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful |
| life. |
| Plant and Machinery 25% on reducing balance |
| Computer Equipment 25% on reducing balance |
| Fixtures and Fittings 7.25% on straight line |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the |
| period of the lease. |
| 2. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 January 2013 |
| and 31 December 2013 |
| AMORTISATION |
| At 1 January 2013 |
| and 31 December 2013 |
| NET BOOK VALUE |
| At 31 December 2013 |
| At 31 December 2012 |
| Portland Hill Design & Management Ltd (Registered number: 02833666) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31 December 2013 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 January 2013 |
| Additions |
| At 31 December 2013 |
| DEPRECIATION |
| At 1 January 2013 |
| Charge for year |
| At 31 December 2013 |
| NET BOOK VALUE |
| At 31 December 2013 |
| At 31 December 2012 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.12.13 | 31.12.12 |
| value: | £ | £ |
| Ordinary shares | £1 |
| 5. | ULTIMATE PARENT COMPANY |