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REGISTERED NUMBER: 09588023 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31st May 2025

for

Portland West Limited

Portland West Limited (Registered number: 09588023)






Contents of the Financial Statements
for the Year Ended 31st May 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Portland West Limited

Company Information
for the Year Ended 31st May 2025







DIRECTOR: E P Malden





REGISTERED OFFICE: 2 Chantry Street
Andover
Hampshire
SP10 1DE





REGISTERED NUMBER: 09588023 (England and Wales)





ACCOUNTANTS: Wheeler & Co Ltd
Chartered Accountants
The Shrubbery
14 Church Street
Whitchurch
Hampshire
RG28 7AB

Portland West Limited (Registered number: 09588023)

Balance Sheet
31st May 2025

31.5.25 31.5.24
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 397,249 164,000

CURRENT ASSETS
Debtors 5 141,022 73,148
Cash at bank and in hand 103 100
141,125 73,248
CREDITORS
Amounts falling due within one year 6 502,065 214,829
NET CURRENT LIABILITIES (360,940 ) (141,581 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

36,309

22,419

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 36,209 22,319
SHAREHOLDERS' FUNDS 36,309 22,419

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

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

The director acknowledges his 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 director and authorised for issue on 29th July 2025 and were signed by:





E P Malden - Director


Portland West Limited (Registered number: 09588023)

Notes to the Financial Statements
for the Year Ended 31st May 2025

1. STATUTORY INFORMATION

Portland West 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.

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.

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.

3. EMPLOYEES AND DIRECTORS

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

Portland West Limited (Registered number: 09588023)

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st June 2024 164,000
Additions 233,249
At 31st May 2025 397,249
NET BOOK VALUE
At 31st May 2025 397,249
At 31st May 2024 164,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.25 31.5.24
£    £   
Prepayments 141,022 73,148

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.25 31.5.24
£    £   
Tax 3,260 336
Other creditors 122,692 -
Directors' current accounts 375,243 214,493
Accrued expenses 870 -
502,065 214,829

7. RELATED PARTY DISCLOSURES

Other creditors of £122,692 relate to amounts due to Portland West Developments LLP, of which the director, E Malden, is the designated member.

Turnover includes £15,037 relating to services charges paid by the director, E Malden, for the management of his personally held properties.