PORTRAIT LTD

Company Registration Number
16182448
(England and Wales)

Private limited company limited by shares
Registered office: 15 Moor Crescent, Newcastle Upon Tyne, NE3 4AP, United Kingdom

Audit Exempt Micro-Entity Accounts

For the Period from 14 January 2025 to 31 January 2026

Prepared in accordance with the micro-entity provisions
of the Companies Act 2006 and FRS 105

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PORTRAIT LTD

Contents

Balance Sheet 3
Statement of Compliance 4
Notes to the Financial Statements 5-7
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PORTRAIT LTD

Balance sheet

As at 31 January 2026

2026
£
Fixed assets 200,000
 
Current assets 7,270
Creditors: amounts falling due within one year (199,531)
Net current assets (liabilities) (192,261)
Total assets less current liabilities 7,739
 
Total net assets (liabilities) 7,739
 
Capital and reserves 7,739
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PORTRAIT LTD

Balance sheet continued

For the period ending 31 January 2026 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These accounts have been prepared and delivered in accordance with the provisions of the small companies regime applicable to micro-entities.

The accounts were approved by the Board of Directors and authorised for issue on 12 October 2026.

STENTON, Dominic
Director

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PORTRAIT LTD

Notes to the Financial Statements

for the Period from 14 January 2025 to 31 January 2026

1. Accounting Policies

Turnover
Turnover is recognised when goods are delivered or services are provided.

Taxation
Corporation tax is provided at amounts expected to be paid (or recovered) using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Debtors
Debtors are recognised at the settlement amount due.

Cash at bank and in hand
Cash at bank and in hand includes cash and short term highly liquid investments.

Creditors
Creditors are recognised when there is an obligation at the balance sheet date as a result of a past event.

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PORTRAIT LTD

Notes to the Financial Statements (continued)

2. Basis of Preparation

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime.

This is the company's first accounting period. No comparative figures are presented.

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PORTRAIT LTD

Notes to the Financial Statements (continued)

3. Employee Information

The average number of employees during the year was: 0

4. Off-balance sheet arrangements

The company had no off-balance sheet arrangements during the year.

5. Advances, credit and guarantees granted to directors

No advances or credit were granted to, and no guarantees were entered into on behalf of, the directors during the year.

6. Financial commitments, guarantees and contingencies

The company had no financial commitments, guarantees or contingencies that are not included in the balance sheet.

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