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Company Registration No. 5508057 (England and Wales)
Porters Foliage Limited Unaudited accounts for the year ended 31 July 2025
Porters Foliage Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Porters Foliage Limited Company Information for the year ended 31 July 2025
Director
B R Porter
Company Number
5508057 (England and Wales)
Registered Office
Units A8-15 Flower Market New Covent Garden Market London SW8 5EH
Accountants
Keywhites Limited 26 Grisedale Gardens Purley Surrey CR8 1EN
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Porters Foliage Limited Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
58,580
57,397
Current assets
Inventories
258,519
248,985
Debtors
5
386,055
181,815
Cash at bank and in hand
213,514
148,550
858,088
579,350
Creditors: amounts falling due within one year
6
(696,573)
(400,526)
Net current assets
161,515
178,824
Total assets less current liabilities
220,095
236,221
Creditors: amounts falling due after more than one year
7
-
(18,750)
Provisions for liabilities
Deferred tax
8
(14,645)
(14,350)
Net assets
205,450
203,121
Capital and reserves
Called up share capital
9
100
100
Profit and loss account
205,350
203,021
Shareholders' funds
205,450
203,121
For the year ending 31 July 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 January 2026 and were signed on its behalf by
B R Porter Director Company Registration No. 5508057
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Porters Foliage Limited Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
Porters Foliage Limited is a private company, limited by shares, registered in England and Wales, registration number 5508057. The registered office is Units A8-15 Flower Market, New Covent Garden Market, London, SW8 5EH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Stocks
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset. Deferred tax assets and liabilities are not discounted.
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Porters Foliage Limited Notes to the Accounts for the year ended 31 July 2025
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 August 2024
84,570
155,504
240,074
Additions
-
20,711
20,711
At 31 July 2025
84,570
176,215
260,785
Depreciation
At 1 August 2024
53,599
129,078
182,677
Charge for the year
7,743
11,785
19,528
At 31 July 2025
61,342
140,863
202,205
Net book value
At 31 July 2025
23,228
35,352
58,580
At 31 July 2024
30,971
26,426
57,397
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
340,840
155,003
Other debtors
45,215
26,812
386,055
181,815
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
18,750
75,000
Trade creditors
145,151
129,450
Taxes and social security
240,173
134,765
Other creditors
292,499
61,311
696,573
400,526
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Porters Foliage Limited Notes to the Accounts for the year ended 31 July 2025
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
-
18,750
8
Deferred taxation
2025
2024
£
£
Accelerated capital allowances
14,645
14,350
2025
2024
£
£
Provision at start of year
14,350
18,372
Charged/(credited) to the profit and loss account
295
(4,022)
Provision at end of year
14,645
14,350
9
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Operating lease commitments
2025
2024
£
£
At 31 July 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
187,320
69,928
Later than one year and not later than five years
218,540
-
405,860
69,928
11
Average number of employees
During the year the average number of employees was 11 (2024: 10).
- 7 -