PORCHFERN LIMITED 31/03/2026 iXBRL

CH COPY

Company registration number: 01783149

PORCHFERN LIMITED

Unaudited filleted financial statements

31 March 2026

PORCHFERN LIMITED

Contents

Directors and other information

Statement of financial position

Statement of changes in equity

Notes to the financial statements

PORCHFERN LIMITED

Directors and other information


	Director	Mr Jay P Gorasia


	Company number	01783149


	Registered office	25 Gloucester Road
		Acton
		London
		W3 8PD


	Business address	25 Gloucester Road
		Acton
		London
		W3 8PD


	Accountants	Hansons
		39a Joel Street
		Northwood Hills
		Middlesex
		HA6 1NZ

PORCHFERN LIMITED

Statement of financial position

31 March 2026

			2026		2025
	Note	£	£	£	£

Fixed assets
Tangible assets	5	16,777		27,675
		_________		_________
			16,777		27,675

Current assets
Stocks		363,948		363,948
Debtors	6	781,109		881,087
Investments	7	-		14,574
Cash at bank and in hand		66,546		52,193
		_________		_________
		1,211,603		1,311,802
Creditors: amounts falling due
within one year	8	( 57,527)		( 67,745)
		_________		_________
Net current assets			1,154,076		1,244,057
			_________		_________

Net assets			1,170,853		1,271,732
			_________		_________



Capital and reserves
Called up share capital			10,000		10,000
Profit and loss account			1,160,853		1,261,732
			_________		_________

Shareholders funds			1,170,853		1,271,732
			_________		_________

For the year ending 31 March 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 financial statements for the year in question in accordance with section 476;

- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 21 October 2026 , and are signed on behalf of the board by:

Mr Jay P Gorasia

Director

Company registration number: 01783149

PORCHFERN LIMITED

Statement of changes in equity

Year ended 31 March 2026

	Called up share capital	Profit and loss account	Total
	£	£	£


At 1 April 2024	10,000	1,336,138	1,346,138

Loss for the year		( 74,406)	( 74,406)
	_______	_________	_________
Total comprehensive income for the year	-	( 74,406)	( 74,406)

	_______	_________	_________
At 31 March 2025 and 1 April 2025	10,000	1,261,733	1,271,733

Loss for the year		( 100,880)	( 100,880)
	_______	_________	_________
Total comprehensive income for the year	-	( 100,880)	( 100,880)

	_______	_________	_________
At 31 March 2026	10,000	1,160,853	1,170,853
	_______	_________	_________

PORCHFERN LIMITED

Notes to the financial statements

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in England. The address of the registered office is 25 Gloucester Road, Acton, London, W3 8PD.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Fittings fixtures and equipment	-	20 %	straight line
Motor vehicles	-	25 %	straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

| _______ | _______ |

8. Creditors: amounts falling due within one year 2026 2025

£ £


Trade creditors	21,405	31,194
Social security and other taxes	4,266	5,715
Other creditors	31,856	30,836
	_______	_______
	57,527	67,745
	_______	_______

9. Directors advances, credits and guarantees

During the year the director entered into the following advances and credits with the company:

			2026
	Balance brought forward	Advances /(credits) to the director	Balance o/standing
	£	£	£

Mr Jay P Gorasia	( 6,606)	9,086	2,480
	_______	_______	_______

			2025
	Balance brought forward	Advances /(credits) to the director	Balance o/standing
	£	£	£

Mr Jay P Gorasia	( 12,508)	5,902	( 6,606)
	_______	_______	_______

10. Controlling party

Mr Gorasia owns 67% of the shares of the company is the controlling party .