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Company Registration No. 14729652 (England and Wales)
Earl Of Portsmouth Ltd Unaudited accounts for the year ended 31 March 2025
Earl Of Portsmouth Ltd Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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Earl Of Portsmouth Ltd Company Information for the year ended 31 March 2025
Directors
Ian Prinn Justine Louise
Secretary
Ian Prinn
Company Number
14729652 (England and Wales)
Registered Office
Earl Of Portsmouth Chawleigh Chulmleigh EX18 7HJ England
Accountants
Sleek Accounting Ltd 4th Floor 205 Regent Street London W1B 4HB
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Earl Of Portsmouth Ltd Accountants' report
Accountants' report to the board of directors of Earl Of Portsmouth Ltd on the preparation of the unaudited statutory accounts for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Earl Of Portsmouth Ltd for the year ended 31 March 2025 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Earl Of Portsmouth Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Earl Of Portsmouth Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Earl Of Portsmouth Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Earl Of Portsmouth Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Earl Of Portsmouth Ltd. You consider that Earl Of Portsmouth Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Earl Of Portsmouth Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Sleek Accounting Ltd 4th Floor 205 Regent Street London W1B 4HB 20 March 2026
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Earl Of Portsmouth Ltd Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
797
1,170
Current assets
Debtors
5
-
1,420
Cash at bank and in hand
22,933
2,819
22,933
4,239
Creditors: amounts falling due within one year
6
(56,526)
(31,384)
Net current liabilities
(33,593)
(27,145)
Net liabilities
(32,796)
(25,975)
Capital and reserves
Called up share capital
100
100
Profit and loss account
(32,896)
(26,075)
Shareholders' funds
(32,796)
(25,975)
For the year ending 31 March 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 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 of Directors and authorised for issue on 20 April 2026 and were signed on its behalf by
Ian Prinn Director Company Registration No. 14729652
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Earl Of Portsmouth Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Earl Of Portsmouth Ltd is a private company, limited by shares, registered in England and Wales, registration number 14729652. The registered office is Earl Of Portsmouth, Chawleigh, Chulmleigh, EX18 7HJ, England.
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 April 2024
1,240
250
1,490
At 31 March 2025
1,240
250
1,490
Depreciation
At 1 April 2024
268
52
320
Charge for the year
310
63
373
At 31 March 2025
578
115
693
Net book value
At 31 March 2025
662
135
797
At 31 March 2024
972
198
1,170
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Earl Of Portsmouth Ltd Notes to the Accounts for the year ended 31 March 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Other debtors
-
1,420
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
12,411
13,132
VAT
11,268
7,072
Trade creditors
7,339
3,392
Taxes and social security
20
300
Loans from directors
24,803
7,488
Accruals
685
-
56,526
31,384
365 Business Finance Loan
8
Average number of employees
During the year the average number of employees was 6 (2024: 4).
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