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Registered number: 08128572

Porter & Daughter Limited

ACCOUNTS

FOR THE YEAR ENDED 31/08/2025

Prepared By:

Montague Kaye

Accountants & Registered Auditors

82 Reddish Road

Reddish

Stockport

Cheshire

SK5 7QU

Porter & Daughter Limited

ACCOUNTS

FOR THE YEAR ENDED 31/08/2025

DIRECTORS

Mr N Porter

REGISTERED OFFICE

82 Reddish Road

Reddish

Stockport

SK5 7QU

COMPANY DETAILS

Private company limited by shares registered in EW - England and Wales, registered number 08128572

ACCOUNTANTS

Montague Kaye

Accountants & Registered Auditors

82 Reddish Road

Reddish

Stockport

Cheshire

SK5 7QU

Porter & Daughter Limited

ACCOUNTS
FOR THEYEARENDED31/08/2025
CONTENTS
		Page
Directors' Report		-
Statement Of Comprehensive Income		-
Balance Sheet		3
Notes To The Accounts		4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account		-
Profit And Loss Account Summaries		-

Porter & Daughter Limited

BALANCE SHEET AT 31/08/2025
						2025				2024
		Notes				£				£
FIXED ASSETS
Tangible assets		3				1,895,112				2,515,208
CURRENT ASSETS
Stock				2,246,892				3,126,611
Debtors		6		939,561				251,220
Cash at bank and in hand				2,094				977
				3,188,547				3,378,808
CREDITORS: Amounts falling due within one year		7		2,353,209				2,677,475
NET CURRENT ASSETS						835,338				701,333
TOTAL ASSETS LESS CURRENT LIABILITIES						2,730,450				3,216,541
CREDITORS: Amounts falling due after more than one year		8				2,553,622				3,014,008
PROVISIONS FOR LIABILITIES AND CHARGES		9				176,152				52,506
NET ASSETS						676				150,027
CAPITAL AND RESERVES
Called up share capital		10				100				100
Profit and loss account						576				149,927
SHAREHOLDERS' FUNDS						676				150,027
For the year ending 31/08/2025 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 26/08/2026 and signed on their behalf by
.............................
Mr N Porter
Director

Porter & Daughter Limited

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31/08/2025

1. ACCOUNTING POLICIES

1a. Basis Of Accounting

The accounts have been prepared under the historical cost convention.

The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .

1b. Depreciation

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

1c. Investment Properties

Investment properties are stated at fair value at the balance sheet date. Gains and losses arising from changes in fair value are recognised in the profit and loss account for the year, and do not represent realised profits available for distribution. Investment properties are not depreciated.

1d. Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.

1e. Pension Costs

The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.

Porter & Daughter Limited

2. EMPLOYEES
				2025		2024
				No.		No.
Average number of employees				1		1

3. TANGIBLE FIXED ASSETS
		Equipment		Total
		£		£
Cost
Additions		112		112
At 31/08/2025		112		112
Depreciation
At 31/08/2025		-		-
Net Book Amounts
At 31/08/2025		112		112

4. INVESTMENT PROPERTIES
		Investment
		Properties		Total
		£		£
Fair value
At 01/09/2024		2,515,208		2,515,208
Disposals		(760,208)		(760,208)
Revaluation		140,000		140,000
At 31/08/2025		1,895,000		1,895,000
Included within profit and loss reserves are cumulative unrealised gains, arising on the fair value of investment property amounting to £844,608 (2024: £1,047,038). These gains are not available for distribution.

5. STOCK				2025		2024
				£		£
Stock comprises:
Work in progress				2,246,892		3,126,611
				2,246,892		3,126,611

Porter & Daughter Limited

6. DEBTORS				2025		2024
				£		£
Amounts falling due within one year
Trade debtors				165,000		165,000
VAT				-		67,237
Salaries and wages control				-		5,536
Other debtors				15,447		13,447
Amounts due from related companies				534,425		-
Accrued income				224,689		-
				939,561		251,220

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
				2025		2024
				£		£
VAT				55,640		-
PAYE control				12,951		5,273
Directors current account				1,971,473		2,373,580
Bank Loan				10,000		10,000
Hire purchase				87,432		87,432
Trade creditors				74,127		69,607
Other creditors				97		5,097
Accruals				3,288		3,585
Deferred income				700		-
Amounts due to related companies				137,501		122,901
				2,353,209		2,677,475

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
				2025		2024
				£		£
Bank loans				16,668		16,668
Loans				2,390,428		2,838,520
Hire purchase >1yr				146,526		158,820
				2,553,622		3,014,008
Loans include amounts secured by fixed and floating charges over the property owned by the company, it also includes a negative pledge.

Porter & Daughter Limited

9. PROVISIONS FOR LIABILITIES				2025		2024
				£		£
Deferred taxation				176,152		52,506
				176,152		52,506

10. SHARE CAPITAL				2025		2024
				£		£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each				100		100
				100		100

11. RELATED PARTY TRANSACTIONS

During the current and previous year, the company was under the control of its director and shareholder, Mr N Porter. As at the balance sheet date the company was owed £524,291 (2024: £8,173) from Porter & Daughter Building Company Limited (company number 09544743). A company of which Mr N Porter is the sole director and 100% shareholder. As at the balance sheet date the company was owed £850 (2024: £350) from Mercury Close Management (company number 13755624). A company of which Mr N Porter is the sole director and 100% shareholder. As at the balance sheet date the company was owed £7,883 (2024: £4,200) from Dos Hermanos Tapas Limited (company number 15614972). A company of which Mr N Porter is a director and 50% shareholder. As at the balance sheet date the company was owed £1,400 (2024 - £7,722) from Reubear Properties Limited (company number 14169920). A company of which Mr N Porter is a director and 33% shareholder. As at the balance sheet date the company owed £137,501 (2024: £143,346) to My HQ Hub Limited (company number 12485982). A company of which Mr N Porter is a director and 33% shareholder.