BP PORTFOLIO MANAGEMENT LTD


Director	POWER, Barnie Reece


Registered Address	Itc 158 Northdown Road
	Margate
	CT9 2QN


Registered Number	14974263 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Current assets
Debtors	3	170,150		41,680
Cash at bank and on hand		12,437		30,375
		182,587		72,055
Creditors amounts falling due within one year	4	(184,908)		(73,875)
Net current assets (liabilities)			(2,321)		(1,820)
Total assets less current liabilities			(2,321)		(1,820)
Net assets			(2,321)		(1,820)
Capital and reserves
Called up share capital			1		1
Profit and loss account			(2,322)		(1,821)
Shareholders' funds			(2,321)		(1,820)

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 29 December 2025, and are signed on its behalf by:

POWER, Barnie Reece
Director
Registered Company No. 14974263

BP PORTFOLIO MANAGEMENT LTD

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Going concern
	After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		1

3.	Debtors: amounts due within one year

	2025	2024
	£	£
Amounts owed by associates and joint ventures / participating interests	130,150	1,680
Other debtors	40,000	40,000
Total	170,150	41,680

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Amounts owed to related parties	183,408	73,375
Other creditors	500	-
Accrued liabilities and deferred income	1,000	500
Total	184,908	73,875

5.	Related party transactions
	At the balance sheet date the company owed a director £500 (2024: £nil). At the balance sheet date the company was owed by a company owned within common control £83,969 (2024: £1,680). At the balance sheet date the company was owed by a company owned within common control £5,619 (2024: £nil). At the balance sheet date the company was owed by a company owned within common control £40,562 (2024: £nil). At the balance sheet date the company owed a company owned within common control £46,478 (2024: £11,238). At the balance sheet date the company owed a company owned within common control £107,208 (2024: £41,915). At the balance sheet date the company owed a company owned within common control £29,722 (2024: £20,222).

Related party transactions

At the balance sheet date the company owed a director £500 (2024: £nil).

At the balance sheet date the company was owed by a company owned within common control £83,969 (2024: £1,680).

At the balance sheet date the company was owed by a company owned within common control £5,619 (2024: £nil).

At the balance sheet date the company was owed by a company owned within common control £40,562 (2024: £nil).

At the balance sheet date the company owed a company owned within common control £46,478 (2024: £11,238).

At the balance sheet date the company owed a company owned within common control £107,208 (2024: £41,915).

At the balance sheet date the company owed a company owned within common control £29,722 (2024: £20,222).