For the financial year ended 31 December 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and the provisions of FRS 102 Section 1A - small entities.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

Portobello Books Limited is a private company limited by shares incorporated in England and Wales. The registered office is 12 Addison Avenue, London, UK, W11 4QR.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

Dormant Status

The company was dormant (within the meaning of Section 480 of the Companies Act 2006) throughout the year. The company has not traded during the year or during the preceding financial year. During these periods, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

Profit and Loss Account

The company has not traded during the year or the preceding financial year. During these years, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

The average monthly number of persons (including directors) employed by the company during the year was:

Other creditors include unsecured, interest free loans of £2,630,824 (2024: £2,630,824) funded by Ms S. Rausing, the director of the company. The loan has no fixed repayment date, however the director has confirmed that the loans will not be recalled for at least a year from the date of approval of the accounts.

The company's immediate and ultimate parent company is Granta Holdings Limited.

The ultimate controlling party of that company is Ms S. Rausing.