PORTICO PUBLISHING LIMITED - Filleted accounts

Registered number

04977256

PORTICO PUBLISHING LIMITED

Filleted Accounts

31 January 2026

PORTICO PUBLISHING LIMITED
Registered number:		04977256
Balance Sheet
as at 31 January 2026

Notes			2026		2025

Fixed assets
Tangible assets	3		1,842		2,165

Current assets
Stocks		3,686		4,846
Debtors	4	90,605		75,552
Cash at bank and in hand		48,979		21,155
		143,270		101,553

Creditors: amounts falling due within one year	5	(114,274)		(74,181)

Net current assets			28,996		27,372

Total assets less current liabilities			30,838		29,537

Creditors: amounts falling due after more than one year	6		(5,759)		(15,582)

Provisions for liabilities			(428)		(412)


Net assets			24,651		13,543

Capital and reserves
Called up share capital			6		6
Profit and loss account			24,645		13,537

Shareholder's funds			24,651		13,543

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




T D Wade
Director
Approved by the board on 28 July 2026

PORTICO PUBLISHING LIMITED
Notes to the Accounts
for the year ended 31 January 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Office equipment	25% reducing balance

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees		2026		2025
Number				Number

	Average number of persons employed by the company		1		1


3	Tangible fixed assets
					Office equipment

	Cost
	At 1 February 2025				4,091
	At 31 January 2026				4,091

	Depreciation
	At 1 February 2025				1,926
	Charge for the year				323
	At 31 January 2026				2,249

	Net book value
	At 31 January 2026				1,842
	At 31 January 2025				2,165


4	Debtors		2026		2025


	Trade debtors		33,330		18,087
	Other debtors		57,275		57,465
			90,605		75,552


5	Creditors: amounts falling due within one year		2026		2025


	Bank loans and overdrafts		9,855		6,425
	Factoring loan		21,633		11,387
	Trade creditors		13,478		16,799
	Taxation and social security costs		19,414		2,312
	Other creditors		49,894		37,258
			114,274		74,181


6	Creditors: amounts falling due after one year		2026		2025


	Bank loans		5,759		15,582


7	Loans		2026		2025

	Creditors include:

	Bank and secured factoring loans		37,258		32,394

	The bank loan is a Covid Bounce Back Loan and is secured by the UK Government.

	The factoring loan is secured on certain of the company's trade debtors.

8	Related party transactions

	Included in debtors is a loan to a related company and the amount outstanding at 31st January 2026 is £56,978 (2025:£53,508). Interest is being charged on the loan at 6.3%. Advances, Credits and Guarantees At the balance sheet date, the following amounts were due from/(to) the directors: Loan balance: £(48,177) (2025:£(33,737)) The loan is interest free, unsecured and repayable on demand.


9	Controlling party

	T D Wade, who owns 100% of the issued share capital, is considered to be the controlling party.


10	Other information

	PORTICO PUBLISHING LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	52 Doncaster Road
	Harlington
	Doncaster
	DN5 7JB