Port Electrical Services Ltd

Registered Number: 09995210 Port Electrical Services Ltd
Balance Sheet
As at 28 February 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	4,236	5,421
		4,236	5,421
Current assets
Stocks		4,750	11,810
Debtors		14,081	17,675
Cash at bank and in hand		1,867	5,838
		20,698	35,323
Creditors: amount falling due within one year		(11,760)	(23,834)
Net current assets		8,938	11,489

Total assets less current liabilities		13,174	16,910
Creditors: amount falling due after more than one year		(7,391)	(9,740)
Provisions for liabilities		(1,060)	(1,356)
Net assets		4,723	5,814

Capital and reserves
Called up share capital		1	1
Profit and loss account		4,722	5,813
Shareholders' funds		4,723	5,814

For the year ended 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 26 August 2026 and were signed by:

-------------------------------
N Houghton
Director

Port Electrical Services Ltd
Notes to the Abridged Financial Statements
For the year ended 28 February 2026

General Information

Port Electrical Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 09995210, registration address Ground Floor, Rear Barn, The Brookdale Centre, Knutsford, Cheshire, WA16 0SR.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The companys liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted.

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.

Dividends

Proposed dividends are only included as liabilities in the balance sheet when their payment has been approved by the shareholders prior to the balance sheet date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	20% Reducing Balance
Motor Vehicles	25% Reducing Balance

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 0 (2025 : 0).

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Total
	£	£	£
At 01 March 2025	6,624	15,190	21,814
Additions	-	-	-
Disposals	-	-	-
At 28 February 2026	6,624	15,190	21,814
Depreciation
At 01 March 2025	3,231	13,162	16,393
Charge for year	678	507	1,185
On disposals	-	-	-
At 28 February 2026	3,909	13,669	17,578
Net book values
Closing balance as at 28 February 2026	2,715	1,521	4,236
Opening balance as at 01 March 2025	3,393	2,028	5,421

Advances and Credits

N Houghton

Current year (2026)

	Brought Forward £		Amount £		Interest £		Repaid £		Written Off £		Waived £		Carry Forward £
N Houghton	15,562		31,674		468		45,739		-		-		1,965
	15,562		31,674		468		45,739		-		-		1,965

Previous year (2025)

	Brought Forward £		Amount £		Interest £		Repaid £		Written Off £		Waived £		Carry Forward £
N Houghton	14,802		44,413		458		44,111		-		-		15,562
	14,802		44,413		458		44,111		-		-		15,562

5.	Controlling Parties The company's ultimate controlling party is N Houghton.

Registered Number: 09995210
England and Wales
Abridged Accounts

for the year ended 28 February 2026
for
PORT ELECTRICAL SERVICES LTD