1 April 2022 false No description of principal activity Taxfiler 2023.10.1 SC471336business:PrivateLimitedCompanyLtd2022-04-012023-03-31 SC4713362022-03-31 SC4713362022-04-012023-03-31 SC471336business:AuditExemptWithAccountantsReport2022-04-012023-03-31 SC471336business:FilletedAccounts2022-04-012023-03-31 SC4713362023-03-31 SC471336business:Director12022-04-012023-03-31 SC471336business:Director22022-04-012023-03-31 SC471336business:RegisteredOffice2022-04-012023-03-31 SC4713362022-03-31 SC471336core:WithinOneYear2023-03-31 SC471336core:WithinOneYear2022-03-31 SC471336core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 SC471336core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 SC471336core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 SC471336core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 SC471336core:PreviouslyStatedAmount2023-03-31 SC471336core:PreviouslyStatedAmount2022-03-31 SC471336business:SmallEntities2022-04-012023-03-31 SC471336countries:Scotland2022-04-012023-03-31 SC471336core:FurnitureFittings2022-04-012023-03-31 SC471336core:LandBuildings2022-03-31 SC471336core:FurnitureFittings2022-03-31 SC471336core:LandBuildings2022-04-012023-03-31 SC471336core:LandBuildings2023-03-31 SC471336core:FurnitureFittings2023-03-31 SC471336business:OrdinaryShareClass12022-04-012023-03-31 SC471336business:OrdinaryShareClass12021-04-012022-03-31 SC471336business:Director212022-04-012023-03-31 SC471336business:Director212022-03-31 SC471336business:Director212023-03-31 SC4713362021-04-012022-03-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. SC471336 (Scotland)
The Porty Pub Co Limited Unaudited accounts for the year ended 31 March 2023
The Porty Pub Co Limited Unaudited accounts Contents
Page
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The Porty Pub Co Limited Company Information for the year ended 31 March 2023
Directors
Janice Arnott Ian Smith
Company Number
SC471336 (Scotland)
Registered Office
4 HOPE STREET EDINBURGH EH2 4DB
Accountants
Oak Team Associates Limited 272 Bath Street Glasgow G2 4JR
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The Porty Pub Co Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
631,050 
631,050 
Current assets
Debtors
- 
13,167 
Cash at bank and in hand
413,279 
226,041 
413,279 
239,208 
Creditors: amounts falling due within one year
(388,407)
(373,355)
Net current assets/(liabilities)
24,872 
(134,147)
Net assets
655,922 
496,903 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
655,920 
496,901 
Shareholders' funds
655,922 
496,903 
For the year ending 31 March 2023 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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.
The financial statements were approved by the Board of Directors and authorised for issue on 16 November 2023 and were signed on its behalf by
Janice Arnott Director Company Registration No. SC471336
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The Porty Pub Co Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
The Porty Pub Co Limited is a private company, limited by shares, registered in Scotland, registration number SC471336. The registered office is 4 HOPE STREET, EDINBURGH, EH2 4DB.
2
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% on a straight line basis
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2022
631,050 
8,450 
639,500 
Disposals
- 
(8,450)
(8,450)
At 31 March 2023
631,050 
- 
631,050 
Depreciation
At 1 April 2022
- 
8,450 
8,450 
On disposals
- 
(8,450)
(8,450)
At 31 March 2023
- 
- 
- 
Net book value
At 31 March 2023
631,050 
- 
631,050 
At 31 March 2022
631,050 
- 
631,050 
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The Porty Pub Co Limited Notes to the Accounts for the year ended 31 March 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
- 
13,167 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
37,212 
29,078 
Other creditors
22,500 
22,500 
Loans from directors
269,861 
269,861 
Accruals
58,834 
51,916 
388,407 
373,355 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Ian Smith
Loan due to director
10,000 
- 
- 
10,000 
10,000 
- 
- 
10,000 
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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