REGISTERED NUMBER: 16144091 (England and Wales)

Financial Statements

for the Period 19 December 2024 to 31 October 2025

for

The Portland Group Property Company

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr K D Heppenstall

REGISTERED OFFICE:

28 Bailey Street

Sheffield

South Yorkshire

S1 4EH

REGISTERED NUMBER:

16144091 (England and Wales)

AUDITORS:

Sutton McGrath Hartley Limited

Statutory Auditor & Chartered Accountant

5 Westbrook Court

Sharrowvale Road

Sheffield

South Yorkshire

S11 8YZ

FIXED ASSETS

Investment property

4

882,000

CURRENT ASSETS

Cash at bank

15,114

CREDITORS

Amounts falling due within one year

5

876,896

NET CURRENT LIABILITIES

(861,782

)

TOTAL ASSETS LESS CURRENT LIABILITIES

20,218

CAPITAL AND RESERVES

Called up share capital

6

100

Retained earnings

20,118

SHAREHOLDERS' FUNDS

20,218

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 July 2026 and were signed by:

Mr K D Heppenstall - Director

1.	STATUTORY INFORMATION

The Portland Group Property Company Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

882,000

At 31 October 2025

882,000

NET BOOK VALUE

At 31 October 2025

882,000

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Taxation and social security

2,635

Other creditors

874,261

876,896

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

1

100

7.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

James Salim FCCA (Senior Statutory Auditor)

for and on behalf of Sutton McGrath Hartley Limited

8.	RELATED PARTY DISCLOSURES

At the year end, £862,595 was owed to companies under the common control of Mr M J Davison.

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr M J Davison.

At 31 October 2025 the company's parent company was Portland Investment Group Limited, a company which is incorporated in the Uk. The ultimate parent company is Portland Investment Group Holdings Limited. The consolidated accounts of this company are available to the public and may be obtained from Companies House, Cardiff.