REGISTERED NUMBER: 00725793 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Portwood Investments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

4

DIRECTORS:

G T Dignan

R Dignan

SECRETARY:

G T Dignan

REGISTERED OFFICE:

65 Higher Hillgate

Stockport

Cheshire

SK1 3HD

REGISTERED NUMBER:

00725793 (England and Wales)

ACCOUNTANTS:

IN Accountancy Limited

2 Station View

Bramhall Moor Lane

Hazel Grove

Stockport

Cheshire

SK7 5ER

FIXED ASSETS

Investment property

4

425,006

400,006

CURRENT ASSETS

Debtors

5

462

371

Cash at bank

327,603

293,198

328,065

293,569

CREDITORS

Amounts falling due within one year

6

87,458

83,474

NET CURRENT ASSETS

240,607

210,095

TOTAL ASSETS LESS CURRENT LIABILITIES

665,613

610,101

PROVISIONS FOR LIABILITIES

80,605

74,355

NET ASSETS

585,008

535,746

CAPITAL AND RESERVES

Called up share capital

120

120

Retained earnings

584,888

535,626

SHAREHOLDERS' FUNDS

585,008

535,746

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 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 3 September 2025 and were signed on its behalf by:

G T Dignan - Director

1.	STATUTORY INFORMATION

Portwood Investments 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 as modified by the revaluation of certain assets.

The financial statements are prepared in sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

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 Statement of Income and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

400,006

Revaluations

25,000

At 31 March 2025

425,006

NET BOOK VALUE

At 31 March 2025

425,006

At 31 March 2024

400,006

Fair value at 31 March 2025 is represented by:

£

Valuation in 2021

237,871

Valuation in 2022

30,000

Valuation in 2023

45,000

Valuation in 2024

25,000

Valuation in 2025

25,000

Cost

62,135

425,006

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

462

371

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Amounts owed to associates

20

20

Taxation and social security

12,257

9,430

Other creditors

75,181

74,024

87,458

83,474

7.	RELATED PARTY DISCLOSURES

Included within creditors at the balance sheet date was a loan amounting to £20 (2024: £20), owed to an associated company. The loan is unsecured, interest free and carries no fixed repayment terms.

8.	ULTIMATE CONTROLLING PARTY

The company is controlled by Mr G Dignan and Mrs E Dignan by virtue of their respective shareholdings.