Company Registration No. 03487609 (England and Wales)
PORTLAND CERAMICS LIMITED
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JANUARY 2016
PORTLAND CERAMICS LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
PORTLAND CERAMICS LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 JANUARY 2016
31 January 2016
- 1 -
2016
2015
Notes
£
£
Current assets
Debtors: amounts falling due within one year
2
-
-
Debtors: amounts falling due after more than one year
2
476,786
476,786
Total assets less current liabilities
476,786
476,786
Capital and reserves
Called up share capital
3
1,550,100
1,550,100
Profit and loss account
(1,073,314)
(1,073,314)
Shareholders' funds
476,786
476,786
Audit exemption statement
For the financial year ended 31 January 2016 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476; and
-
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board and authorised for issue on 26 October 2016
R.H. McGillivray
Director
Company Registration No. 03487609
PORTLAND CERAMICS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JANUARY 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
2
Debtors
Debtors include an amount of £476,786 (2015 - £476,786) which is due after more than one year.
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
1,550,100 Ordinary Shares of £1 each
1,550,100
1,550,100
4
Ultimate parent company
The ultimate parent company is Swift Dental Laboratory Limited, a company registered in England and Wales which is exempt from the requirement to produce group accounts.