ERA PORTSMOUTH LTD


Director	Lasantha Pradeep Pushpa Kumar Jayasingha


Registered Address	123 Elm Grove
	Southsea
	PO5 1LJ


Registered Number	12082286 (England and Wales)

Balance Sheet as at
31 July 2025

	Notes	2025		2024
		£	£	£	£
Called up share capital not paid			100		100
Current assets
Debtors	3	83,661		34,550
Cash at bank and on hand		59,973		59,241
		143,634		93,791
Creditors amounts falling due within one year	4	(16,802)		(31,252)
Net current assets (liabilities)			126,932		62,639
Total assets less current liabilities			126,932		62,639
Creditors amounts falling due after one year	5		(126,292)		(62,483)
Net assets			640		156
Capital and reserves
Called up share capital			100		100
Profit and loss account			540		56
Shareholders' funds			640		156

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
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 and authorised for issue by the Director on 8 October 2026, and are signed on its behalf by:

Lasantha Pradeep Pushpa Kumar Jayasingha
Director
Registered Company No. 12082286

ERA PORTSMOUTH LTD

Notes to the Financial Statements
for the year ended 31 July 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	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 policy
	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.

	Revenue from rendering of services
	Revenue 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Trade and other 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.

Trade and other 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.

	Trade and other 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.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		2

3.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	30,956	6,500
Other debtors	52,705	28,050
Total	83,661	34,550

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Bank borrowings and overdrafts	10,813	23,504
Taxation and social security	5,928	1,922
Other creditors	61	5,472
Accrued liabilities and deferred income	-	354
Total	16,802	31,252

5.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	21,483	21,483
Other creditors	104,809	41,000
Total	126,292	62,483