REGISTERED NUMBER: 03419968 (England and Wales)

Financial Statements

for the Year Ended 31 January 2026

for

Portology Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr J C Leigh

REGISTERED OFFICE:

7 Bell Yard

London

WC2A 2JR

REGISTERED NUMBER:

03419968 (England and Wales)

ACCOUNTANTS:

RAA North East Ltd

Suite 4, 10/12 The Grove,

Ilkley

West Yorkshire

LS29 9EG

Fixed assets

Tangible assets

4

171

809

Current assets

Debtors

5

2,759

707

Cash at bank and in hand

3,747

175

6,506

882

Creditors

Amounts falling due within one year

6

(10,021

)

(9,969

)

Net current liabilities

(3,515

)

(9,087

)

Total assets less current liabilities

(3,344

)

(8,278

)

Provisions for liabilities

8

(32

)

(154

)

Net liabilities

(3,376

)

(8,432

)

Capital and reserves

Called up share capital

9

80

80

Retained earnings

10

(3,456

)

(8,512

)

Shareholders' funds

(3,376

)

(8,432

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 3 August 2026 and were signed by:

Mr J C Leigh - Director

1.	STATUTORY INFORMATION

Portology 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.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

25% on cost

GOING CONCERN

At the balance sheet date, liabilities exceeded assets by £3,375.73 (2025 : £8,431.67). However, the financial statements have been prepared on a going concern basis as the company has the continuing support from its director. The director is therefore satisfied that the financial statements have been correctly prepared on the going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 February 2025

and 31 January 2026

9,246

2,559

11,805

DEPRECIATION

At 1 February 2025

9,077

1,919

10,996

Charge for year

34

604

638

At 31 January 2026

9,111

2,523

11,634

NET BOOK VALUE

At 31 January 2026

135

36

171

At 31 January 2025

169

640

809

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

-

87

Director's current account

2,690

-

Tax

-

551

Prepayments

69

69

2,759

707

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other loans (see note 7)

1,532

-

Trade creditors

879

1,234

Corporation tax

(15

)

-

Social security and other tax

3,629

3,736

Other creditors

2,553

2,048

Director's current account

-

1,524

Accrued expenses

1,443

1,427

10,021

9,969

7.

LOANS

An analysis of the maturity of loans is given below:

2026

2025

£

£

Amounts falling due within one year or on demand:

Other loans

1,532

-

8.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

32

154

Deferred

tax

£

Balance at 1 February 2025

154

Provided during year

(122

)

Balance at 31 January 2026

32

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

80,000

Ordinary

.001

80

80

10.

RESERVES

Retained

earnings

£

At 1 February 2025

(8,512

)

Profit for the year

5,056

At 31 January 2026

(3,456

)

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The Director owed the company £2,690 at 31st January 2026 (The Company owed the director £1,524 at 31st January 2025).

12.	RELATED PARTY DISCLOSURES

No dividends were declared to TGJL Limited throughout the year ended 31st January 2026 (2025 - Nil), a Company in which Mr J C Leigh is the director and sole shareholder.