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REGISTERED NUMBER: 12417476 (England and Wales)















PORTABELLA AH LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025






PORTABELLA AH LIMITED (REGISTERED NUMBER: 12417476)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


PORTABELLA AH LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2025







DIRECTORS: Mrs R E Loosemore
Mr D H Loosemore
Mr T M Young





REGISTERED OFFICE: Tudor House
16 Cathedral Road
Cardiff
CF11 9LJ





REGISTERED NUMBER: 12417476 (England and Wales)





ACCOUNTANTS: Carston ETL
Tudor House
16 Cathedral Road
Cardiff
CF11 9LJ

PORTABELLA AH LIMITED (REGISTERED NUMBER: 12417476)

STATEMENT OF FINANCIAL POSITION
31ST MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 950,000 -

CURRENT ASSETS
Stocks - 1,281,749
Debtors 5 1,857 5,754
Cash at bank 12,494 33,426
14,351 1,320,929
CREDITORS
Amounts falling due within one year 6 35,997 16,613
NET CURRENT (LIABILITIES)/ASSETS (21,646 ) 1,304,316
TOTAL ASSETS LESS CURRENT LIABILITIES 928,354 1,304,316

CREDITORS
Amounts falling due after more than one year 7 810,000 810,000
NET ASSETS 118,354 494,316

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 118,254 494,216
SHAREHOLDERS' FUNDS 118,354 494,316

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28th July 2025 and were signed on its behalf by:



Mr D H Loosemore - Director


PORTABELLA AH LIMITED (REGISTERED NUMBER: 12417476)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025


1. STATUTORY INFORMATION

Portabella AH 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.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 950,000
At 31st March 2025 950,000
NET BOOK VALUE
At 31st March 2025 950,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other debtors 1,857 5,754

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 20 2,813
Taxation and social security 2,288 -
Other creditors 33,689 13,800
35,997 16,613

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Other creditors 810,000 810,000

PORTABELLA AH LIMITED (REGISTERED NUMBER: 12417476)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
100 Ordinary shares 1 100 100

9. RELATED PARTY DISCLOSURES

As at the year end Portabella AH Limited owed £810,000 (2024 - £810,000) to companies in which the directors have a controlling interest.

During the year Portabella AH Limited was invoiced £6,000 (2024 - £0) by a company in which the directors have a controlling interest.