Portolio Ltd

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: SC575618

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		1,440		2,160
Tangible Assets	5		268		335

			1,708		2,495
CURRENT ASSETS
Debtors	6	68,725		66,081
Cash at bank and in hand		31,754		11,071

		100,479		77,152
Creditors: Amounts Falling Due Within One Year	7	(102,087 )		(79,547 )

NET CURRENT ASSETS (LIABILITIES)			(1,608 )		(2,395 )

TOTAL ASSETS LESS CURRENT LIABILITIES			100		100

NET ASSETS			100		100

CAPITAL AND RESERVES
Called up share capital	8		100		100

SHAREHOLDERS' FUNDS			100		100

For the year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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

The directors acknowledge their 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.

On behalf of the board

Mr Christopher Wood Director	Mr Ross MacDonald Director
28/10/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Portolio Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC575618 . The registered office is Gyleworks, 34 South Gyle Crescent, Edinburgh, EH12 9EB.

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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are website development costs. It is amortised to profit and loss account over its estimated economic life of 10 years.

2.4. 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:

Fixtures & Fittings	20% straight line
Computer Equipment	33% straight line

2.5. Taxation

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.

2.6. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 2)

4. Intangible Assets

	Other
	£
Cost
As at 1 October 2024	7,200

As at 30 September 2025	7,200

Amortisation
As at 1 October 2024	5,040
Provided during the period	720

As at 30 September 2025	5,760

Net Book Value
As at 30 September 2025	1,440

As at 1 October 2024	2,160

Page 2

Page 3

Portolio Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

5. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 October 2024	274	1,838	2,112
Additions	125	-	125

As at 30 September 2025	399	1,838	2,237

Depreciation
As at 1 October 2024	165	1,612	1,777
Provided during the period	79	113	192

As at 30 September 2025	244	1,725	1,969

Net Book Value
As at 30 September 2025	155	113	268

As at 1 October 2024	109	226	335

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	38,365	29,018
Other debtors	30,360	37,063

	68,725	66,081

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	2,855	6,158
Bank loans and overdrafts	11,544	19,316
Other creditors	40,274	35,531
Taxation and social security	47,414	18,542

	102,087	79,547

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

9. Related Party Transactions

The directors are of the opinion that all related party transactions are conducted under normal market conditions and on an arm's length basis and therefore do not need to be disclosed under FRS 102 section 1A appendix C.

10. Ultimate Controlling Party

The company is controlled by Clickstar Holdings Limited by virtue of it's ownership of 100% of the issued share capital in the company. Neither shareholder of Clickstar Holdings Limited has ultimate control of the company.