PORTUM DEVELOPMENTS LTD

Company Registration Number:
14115747 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2023

Period of accounts

Start date: 18 May 2022

End date: 31 May 2023

PORTUM DEVELOPMENTS LTD

Contents of the Financial Statements

for the Period Ended 31 May 2023

Balance sheet
Notes

PORTUM DEVELOPMENTS LTD

Balance sheet

As at 31 May 2023


Notes

2023


£
Fixed assets
Tangible assets: 3 445,850
Total fixed assets: 445,850
Current assets
Stocks: 147,580
Debtors:   25,780
Cash at bank and in hand: 36,250
Total current assets: 209,610
Creditors: amounts falling due within one year:   (124,000)
Net current assets (liabilities): 85,610
Total assets less current liabilities: 531,460
Total net assets (liabilities): 531,460
Capital and reserves
Called up share capital: 1
Profit and loss account: 531,459
Shareholders funds: 531,460

The notes form part of these financial statements

PORTUM DEVELOPMENTS LTD

Balance sheet statements

For the year ending 31 May 2023 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 09 February 2024
and signed on behalf of the board by:

Name: Jose BRADLEY
Status: Director

The notes form part of these financial statements

PORTUM DEVELOPMENTS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

PORTUM DEVELOPMENTS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

2. Employees

2023
Average number of employees during the period 10

PORTUM DEVELOPMENTS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

3. Tangible Assets

Total
Cost £
Additions 445,850
At 31 May 2023 445,850
Net book value
At 31 May 2023 445,850