PORTROE PROPERTIES LIMITED

Company Registration Number:
04251340 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2021

Period of accounts

Start date: 01 January 2021

End date: 31 December 2021

PORTROE PROPERTIES LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2021

Balance sheet
Notes

PORTROE PROPERTIES LIMITED

Balance sheet

As at 31 December 2021


Notes

2021

2020


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 541,000 541,000
Total fixed assets: 541,000 541,000
Current assets
Debtors:     588
Cash at bank and in hand: 75,233 52,916
Total current assets: 75,233 53,504
Creditors: amounts falling due within one year: 4 (300,447) (312,569)
Net current assets (liabilities): (225,214) (259,065)
Total assets less current liabilities: 315,786 281,935
Total net assets (liabilities): 315,786 281,935
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 315,785 281,934
Shareholders funds: 315,786 281,935

The notes form part of these financial statements

PORTROE PROPERTIES LIMITED

Balance sheet statements

For the year ending 31 December 2021 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 January 2022
and signed on behalf of the board by:

Name: Richard Hogan
Status: Director

The notes form part of these financial statements

PORTROE PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PORTROE PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

2. Employees

2021 2020
Average number of employees during the period 0 0

PORTROE PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

3. Tangible Assets

Total
Cost £
At 01 January 2021 734,957
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 31 December 2021 734,957
Depreciation
At 01 January 2021 193,957
Charge for year 0
On disposals 0
Other adjustments 0
At 31 December 2021 193,957
Net book value
At 31 December 2021 541,000
At 31 December 2020 541,000

PORTROE PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

4. Creditors: amounts falling due within one year note

Shareholder Loan - 2021 - £263,141, 2020 - £283,166Taxation - 2021 - £17,986, 2020 - £10,083Accruals - 2021 - £19,320, 2020 - £19,320Total - 2021 - £300,447, 2020 - £312,569