Company Registration No. 08841752 (England and Wales)
Portway Building Services Limited
Unaudited accounts
for the year ended 31 July 2024
Portway Building Services Limited
Unaudited accounts
Contents
Portway Building Services Limited
Company Information
for the year ended 31 July 2024
Company Number
08841752 (England and Wales)
Registered Office
Franklin House
49 West Street
Rochford
Essex
SS4 1BE
Accountants
Portway Office Support Limited
458a Ashingdon Road
Rochford
Essex
SS4 3ET
Portway Building Services Limited
Statement of financial position
as at 31 July 2024
Tangible assets
6,011
7,514
Cash at bank and in hand
(2,406)
815
Creditors: amounts falling due within one year
(199,118)
(212,844)
Net current assets
42,237
39,264
Called up share capital
10,000
10,000
Profit and loss account
38,248
36,778
Shareholders' funds
48,248
46,778
For the year ending 31 July 2024 the company was entitled to exemption from audit 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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 October 2026 and were signed on its behalf by
Tony J Pallant
Director
Company Registration No. 08841752
Portway Building Services Limited
Notes to the Accounts
for the year ended 31 July 2024
Portway Building Services Limited is a private company, limited by shares, registered in England and Wales, registration number 08841752. The registered office is Franklin House, 49 West Street, Rochford, Essex, SS4 1BE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 August 2023
36,271
5,947
42,218
At 31 July 2024
36,271
5,947
42,218
At 1 August 2023
29,816
4,888
34,704
Charge for the year
1,291
212
1,503
At 31 July 2024
31,107
5,100
36,207
At 31 July 2024
5,164
847
6,011
At 31 July 2023
6,455
1,059
7,514
Amounts falling due within one year
Trade debtors
22,091
28,567
Amounts due from group undertakings etc.
218,107
218,976
Portway Building Services Limited
Notes to the Accounts
for the year ended 31 July 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
38,332
37,397
Trade creditors
18,333
20,523
Taxes and social security
3,022
3,022
Loans from directors
135,764
147,366
7
Transactions with related parties
At the year end the company owed Mr T J Pallant £135,763.
At the year end companies controlled by T J Pallant solely or in conjunction with immediate family owed the Company £218,107.
.
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).