REGISTERED NUMBER: SC155669 (Scotland)

Financial Statements

for the Year Ended 31 January 2025

for

Portjade Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

E Carabine

SECRETARY:

Mrs A Carabine

REGISTERED OFFICE:

Scottcourt House

West Princes Street

Helensburgh

Argyll & Bute

G84 8BP

REGISTERED NUMBER:

SC155669 (Scotland)

ACCOUNTANTS:

Macleod Fulton

Scottcourt House

West Princes Street

Helensburgh

Argyll & Bute

G84 8BP

FIXED ASSETS

Tangible assets

4

36

49

CURRENT ASSETS

Cash at bank

22

22

CREDITORS

Amounts falling due within one year

5

77,586

76,890

NET CURRENT LIABILITIES

(77,564

)

(76,868

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(77,528

)

(76,819

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(77,530

)

(76,821

)

SHAREHOLDERS' FUNDS

(77,528

)

(76,819

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 30 October 2025 and were signed by:

E Carabine - Director

1.	STATUTORY INFORMATION

Portjade Limited is a private company, limited by shares , registered in Scotland. 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Going concern

The status of the company as a going concern is dependent on the continuing support of the company's director.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 February 2024

and 31 January 2025

9,892

3,200

13,092

DEPRECIATION

At 1 February 2024

9,885

3,158

13,043

Charge for year

2

11

13

At 31 January 2025

9,887

3,169

13,056

NET BOOK VALUE

At 31 January 2025

5

31

36

At 31 January 2024

7

42

49

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Directors' current accounts

76,290

74,910

Accrued expenses

1,296

1,980

77,586

76,890

6.	SECURED DEBTS

Clydesdale Bank Public Limited Company have a standard security over the area in ground at Cameron Road, Fort William.

Clydesdale Bank Public Limited Company have a floating charge over the undertaking and all property and assets present and future of the company including uncalled capital.

7.	CONTINGENT LIABILITIES

As at 31 January 2025 the company had no contingent liabilities (2024 - £nil).

8.	CAPITAL COMMITMENTS

As at 31 January 2025 the company had no capital commitments (2024 - £nil).

9.	RELATED PARTY DISCLOSURES