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REGISTERED NUMBER:
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Unaudited Financial Statements |
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for the Year Ended 31 October 2017 |
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Portclay Investments (UK) Limited |
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REGISTERED NUMBER:
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Unaudited Financial Statements |
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for the Year Ended 31 October 2017 |
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for |
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Portclay Investments (UK) Limited |
Portclay Investments (UK) Limited (Registered number: 07056426) |
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Contents of the Financial Statements |
for the Year Ended 31 October 2017 |
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Page |
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Company Information | 1 |
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Balance Sheet | 2 |
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Notes to the Financial Statements | 4 |
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Portclay Investments (UK) Limited |
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Company Information |
for the Year Ended 31 October 2017 |
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DIRECTORS: |
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SECRETARY: |
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REGISTERED OFFICE: |
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REGISTERED NUMBER: |
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ACCOUNTANTS: |
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2 Fitzroy Place |
Sauchiehall Street |
Glasgow |
Lanarkshire |
G3 7RH |
Portclay Investments (UK) Limited (Registered number: 07056426) |
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Balance Sheet |
31 October 2017 |
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2017 | 2016 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 3 |
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CURRENT ASSETS |
Debtors | 4 |
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Cash at bank and in hand |
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CREDITORS |
Amounts falling due within one year | 5 |
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NET CURRENT LIABILITIES | ( |
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TOTAL ASSETS LESS CURRENT
LIABILITIES |
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CAPITAL AND RESERVES |
Called up share capital |
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Retained earnings |
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SHAREHOLDERS' FUNDS |
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The directors acknowledge their responsibilities for: |
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ensuring that the Company keeps accounting records which comply with Sections 386 and 387 of the
Companies Act 2006 and |
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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. |
Portclay Investments (UK) Limited (Registered number: 07056426) |
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Balance Sheet - continued |
31 October 2017 |
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In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
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The financial statements were approved by the Board of Directors on
behalf by: |
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Portclay Investments (UK) Limited (Registered number: 07056426) |
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Notes to the Financial Statements |
for the Year Ended 31 October 2017 |
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1. | STATUTORY INFORMATION |
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Portclay Investments (UK) Limited is a
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Wales. The company's registered number and registered office address can be found on the Company |
Information page. |
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2. | ACCOUNTING POLICIES |
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Basis of preparing the financial statements |
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Tangible fixed assets |
The cost of tangible fixed assets is their purchase cost, together with any incidental costs of |
acquisitions. |
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No depreciation or revaluation has been provided on the investment property according to SSAP19. |
The lease term of the leasehold property is over 20 years, therefore no depreciation has been provided |
as permitted by SSAP19. |
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Depreciation is provided at the following annual rates in order to write off each asset over its |
estimated useful life. |
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Furniture and fittings - 25% on cost |
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3. | TANGIBLE FIXED ASSETS |
Freehold | Furniture |
property | & fittings | Totals |
£ | £ | £ |
COST OR VALUATION |
At 1 November 2016 |
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Revaluations | ( |
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At 31 October 2017 |
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DEPRECIATION |
At 1 November 2016 |
and 31 October 2017 |
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NET BOOK VALUE |
At 31 October 2017 |
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At 31 October 2016 |
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Portclay Investments (UK) Limited (Registered number: 07056426) |
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Notes to the Financial Statements - continued |
for the Year Ended 31 October 2017 |
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3. | TANGIBLE FIXED ASSETS - continued |
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Cost or valuation at 31 October 2017 is represented by: |
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Freehold | Furniture |
property | & fittings | Totals |
£ | £ | £ |
Valuation in 2017 | (70,000 | ) | - | (70,000 | ) |
Cost | 1,747,816 | 13,051 | 1,760,867 |
1,677,816 | 13,051 | 1,690,867 |
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4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Prepayments and accrued income |
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5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Shareholders' loan |
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Tax |
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Accrued expenses |
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The shareholders' loan is unsecured, interest free and the repayment date is unspecified. |
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6. | ULTIMATE CONTROLLING PARTY |
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The ultimate controlling party is
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