Luxtyle Portobello Ltd

	Page
Abridged Balance Sheet	1
Notes to the Abridged Financial Statements	2

Registered number: 03110035

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		100,344		121,663

			100,344		121,663
TOTAL ASSETS LESS CURRENT LIABILITIES			100,344		121,663

NET ASSETS			100,344		121,663

CAPITAL AND RESERVES
Called up share capital	5		2		2
Profit and Loss Account			100,342		121,661

SHAREHOLDERS' FUNDS			100,344		121,663

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 December 2024 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr S Mohammadian

Director

22/09/2025

The notes on page 2 form part of these financial statements.

1. General Information

Luxtyle Portobello Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 03110035 . The registered office is 123 Portobello Road, London, W11 2DY.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

Turnover represents rent receivables.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold

straight line over the life of the lease

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2023: NIL)

4. Tangible Assets

	Total
	£
Cost
As at 1 January 2024	213,190

As at 31 December 2024	213,190

Depreciation
As at 1 January 2024	91,527
Provided during the period	21,319

As at 31 December 2024	112,846

Net Book Value
As at 31 December 2024	100,344

As at 1 January 2024	121,663

5. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	2	2

6. Ultimate Controlling Party

The company's ultimate controlling party is Portland Hill Group Ltd by virtue of his ownership of 100% of the issued share capital in the company.