2023-03-01 11834984 2024-02-29 11834984 2023-03-01 2024-02-29 11834984 2023-02-28 11834984 2022-03-01 2023-02-28 11834984 uk-core:WithinOneYear 2023-02-28 11834984 uk-core:WithinOneYear 2024-02-29 11834984 uk-core:AfterOneYear 2023-02-28 11834984 uk-core:AfterOneYear 2024-02-29 11834984 uk-core:ShareCapital 2024-02-29 11834984 uk-core:ShareCapital 2023-02-28 11834984 uk-core:RetainedEarningsAccumulatedLosses 2024-02-29 11834984 uk-core:RetainedEarningsAccumulatedLosses 2023-02-28 11834984 uk-bus:Director1 2023-03-01 2024-02-29 11834984 uk-bus:Director2 2023-03-01 2024-02-29 11834984 uk-core:FurnitureFittings 2023-02-28 11834984 uk-core:CommercialMotorVehicles 2023-02-28 11834984 uk-core:FurnitureFittings 2023-03-01 2024-02-29 11834984 uk-core:CommercialMotorVehicles 2023-03-01 2024-02-29 11834984 uk-core:CommercialMotorVehicles 2024-02-29 11834984 uk-core:FurnitureFittings 2024-02-29 11834984 uk-core:WithinOneYear 2024-02-29 11834984 uk-core:WithinOneYear 2023-02-28 11834984 uk-core:AfterOneYear uk-core:Secured 2024-02-29 11834984 uk-core:AfterOneYear uk-core:Secured 2023-02-28 iso4217:GBP xbrli:pure 11834984 uk-bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 11834984 uk-bus:FRS102 2023-03-01 2024-02-29 11834984 uk-bus:FilletedAccounts 2023-03-01 2024-02-29 11834984 uk-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29
Port Appliances Ltd
Registered Number:11834984
For the year ended 29 February 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 29 February 2024
Port Appliances Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
11834984
As at 29 February 2024
Port Appliances Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
13,935
14,313
2
13,935
14,313
Current assets
Inventories
35,600
56,300
3
Trade and other receivables
-
11,037
18,696
Cash and cash equivalents
3,471
70,808
54,296
Trade and other payables: amounts falling due within one year
(27,360)
(30,181)
4
26,936
40,627
Net current assets
Total assets less current liabilities
54,562
41,249
Trade and other payables: amounts falling due after more than one
year
(35,000)
(43,125)
5
11,437
Net assets
6,249
Capital and reserves
Called up share capital
2
2
Retained earnings
11,435
6,247
11,437
6,249
Shareholders' funds
For the year ended 29 February 2024 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 of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Leon Nuttall Director
David Lewis Director
These financial statements were approved and authorised for issue by the Board on 25 November 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 29 February 2024
Port Appliances Ltd
Notes to the Financial Statements
Statutory Information
Port Appliances Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number
11834984.
Registered address:
33 Whitby Road
Ellesmere Port
CH65 8AA
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard
102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The
financial statements have been prepared under the historical costs convention as modified by the revaluation of certain assets.
2. Property, plant and equipment
Total
Furniture and
Fittings
Motor Vehicles
£
£
£
Cost or valuation
At 01 March 2023
31,532
7,525
24,007
13,381
-
13,381
Additions
(5,000)
(14,940)
Disposals
(19,940)
At 29 February 2024
22,448
2,525
24,973
Provision for depreciation and impairment
At 01 March 2023
17,219
3,648
13,571
Charge for year
2,456
(1,922)
4,378
(8,637)
-
(8,637)
On disposal
At 29 February 2024
11,038
1,726
9,312
At 29 February 2024
Net book value
13,136
799
13,935
At 28 February 2023
10,436
3,877
14,313
3. Inventories
2023
2024
£
£
Stocks
56,300
35,600
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5
For the year ended 29 February 2024
Port Appliances Ltd
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
17,500
10,000
Trade creditors
-
1
Taxation and social security
10,226
13,727
Other creditors
2,455
3,632
30,181
27,360
5. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
43,125
35,000
6. Average number of persons employed
During the year the average number of employees was 2 (2023 : 3)
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