Portbannis Commercial Ltd

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

Registered number: NI619793

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	4		615,000		615,000

			615,000		615,000
CURRENT ASSETS
Debtors		320,670		383,015
Cash at bank and in hand		13,076		11,091

		333,746		394,106
Creditors: Amounts Falling Due Within One Year		(271,493 )		(270,430 )

NET CURRENT ASSETS (LIABILITIES)			62,253		123,676

TOTAL ASSETS LESS CURRENT LIABILITIES			677,253		738,676

Creditors: Amounts Falling Due After More Than One Year			(224,090 )		(260,016 )

NET ASSETS			453,163		478,660

CAPITAL AND RESERVES
Called up share capital	5		1		1
Revaluation reserve	6		425,588		425,588
Profit and Loss Account			27,574		53,071

SHAREHOLDERS' FUNDS			453,163		478,660

Page 1

Page 2

Portbannis Commercial Ltd

Abridged Balance Sheet (continued)

As At 31 August 2025

For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has 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.

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.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 August 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr Stuart Draffin

Director

27 May 2026

The notes on page 3 form part of these financial statements.

1. General Information

Portbannis Commercial Ltd is a private company, limited by shares, incorporated in Northern Ireland, registered number NI619793 . The registered office is DNT Chartered Accountants, Ormeau House, 91 - 97 Ormeau Road, Belfast, BT7 1SH.

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. Investment Properties

Investment properties shall not be subject to periodic charges for depreciation except for properties held on lease, which shall be depreciated at least over the period when the unexpired term is 20 years or less.

Investment properties shall be included in the balance sheet at their market value.

3. Average Number of Employees

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

4. Investment Property

	2025
	£
Fair Value
As at 1 September 2024 and 31 August 2025	615,000

5. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

6. Reserves

	Revaluation reserve	Profit and Loss Account
	£	£
As at 1 September 2024	425,588	53,071
Loss for the year and total comprehensive income	-	(25,497 )

As at 31 August 2025	425,588	27,574