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REGISTERED NUMBER: 04997516 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

Portal Supplies & Design Limited

Portal Supplies & Design Limited (Registered number: 04997516)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 6

Portal Supplies & Design Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: J Grew
Mrs H Grew





SECRETARY: J Grew





REGISTERED OFFICE: Bede House
12 George Street
Huntingdon
Cambs
PE29 3BD





REGISTERED NUMBER: 04997516 (England and Wales)





ACCOUNTANTS: Kempton Accountancy Services Limited
31 Lake Drive
Weldon
Northamptonshire
NN17 3FE

Portal Supplies & Design Limited (Registered number: 04997516)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 15,028 165

CURRENT ASSETS
Stocks 5 200 200
Debtors 6 28,235 26,601
Cash at bank 16,585 40,394
45,020 67,195
CREDITORS
Amounts falling due within one year 7 11,957 12,572
NET CURRENT ASSETS 33,063 54,623
TOTAL ASSETS LESS CURRENT
LIABILITIES

48,091

54,788

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 48,089 54,786
SHAREHOLDERS' FUNDS 48,091 54,788

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 May 2025 and were signed on its behalf by:





J Grew - Director


Portal Supplies & Design Limited (Registered number: 04997516)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Portal Supplies & Design Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Portal Supplies & Design Limited (Registered number: 04997516)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2024 1,136 5,458 6,594
Additions - 19,868 19,868
At 31 March 2025 1,136 25,326 26,462
DEPRECIATION
At 1 April 2024 1,061 5,368 6,429
Charge for year 15 4,990 5,005
At 31 March 2025 1,076 10,358 11,434
NET BOOK VALUE
At 31 March 2025 60 14,968 15,028
At 31 March 2024 75 90 165

5. STOCKS
31.3.25 31.3.24
£    £   
Stocks 200 200

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 3,235 -
Other debtors 25,000 25,000
VAT - 1,601
28,235 26,601

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade creditors 8,459 9,780
Tax 19 1,065
VAT 1,552 -
Directors' current accounts 577 577
Accruals and deferred income 1,350 1,150
11,957 12,572

Portal Supplies & Design Limited (Registered number: 04997516)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year Mr J Grew, the Director of the company, operated a directors current account with the company. At the year end, there was a credit balance on the account of £577 (2024 £577).

The directors current account is interest free, unsecured and repayable upon demand. There have been various transactions with the director during the year in the form of a directors current account. Information disclosed is therefore given in an aggregated form.

9. RELATED PARTY DISCLOSURES

During the year the company invoiced Spartan Comms Ltd, to recharge rent of £9,900 (2024 £36,900).
Mr J Grew is a director of Spartan Comms Ltd. As at 31 March 2025 there was an amount of £0 (2024 £0) outstanding to Spartan Comms Ltd.

During the year the directors received dividends amounting to Mr J Grew £5,000 (2024 £5,000) and Mrs H Grew £5,000 (2024 £5,000).

Portal Supplies & Design Limited

Report of the Accountants to the Directors of
Portal Supplies & Design Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2025 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Kempton Accountancy Services Limited
31 Lake Drive
Weldon
Northamptonshire
NN17 3FE


22 May 2025