Company Registration No. 15070622 (England and Wales)
Portland Construction Group Ltd
Unaudited accounts
for the period from 1 September 2024 to 31 December 2025
Portland Construction Group Ltd
Statement of financial position
as at 31 December 2025
Cash at bank and in hand
937,423
177,456
Creditors: amounts falling due within one year
(708,209)
(189,387)
Net current assets
390,549
166,397
Net assets
393,890
166,397
Called up share capital
2
2
Profit and loss account
393,888
166,395
Shareholders' funds
393,890
166,397
For the period ending 31 December 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 May 2026 and were signed on its behalf by
Tom Meek
Director
Company Registration No. 15070622
Portland Construction Group Ltd
Notes to the Accounts
for the period from 1 September 2024 to 31 December 2025
Portland Construction Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 15070622. The registered office is Suite 12, Watton Mill, Mill Lane, Watton At Stone, Hertford, SG14 3FR, United Kingdom.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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:
Computer equipment
20% Reducing Balance
4
Tangible fixed assets
Computer equipment
Portland Construction Group Ltd
Notes to the Accounts
for the period from 1 September 2024 to 31 December 2025
Amounts falling due within one year
Trade debtors
153,658
157,678
Other debtors
7,677
20,650
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
60,681
71,525
Taxes and social security
125,078
64,232
Other creditors
70,044
30,000
Loans from directors
-
165
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Average number of employees
During the period the average number of employees was 3 (2024: 2).