Porter Property Holdings Limited

The directors present their Strategic Report on the group for the year ended 31 March 2025. Review of business and future developments The principal activities of the Group during the year were those of a holding company, the construction of high quality housing developments in Northern Ireland, the rental of commercial property, mixed farming activities and renting and leasing of recreational and sports goods. The group reported an operating profit in the period of £400,285 (2024: £4,434,129) on turnover of £10,796,597 (2024: £12,647,066). The net assets of the group at the balance sheet date were £20.3m (2024: £20.6m). Future developments The Directors intend to develop and maximise further investment opportunities in order to provide high quality housing. Principal risks and uncertainties The key risks to the business are changes to housing demand, competition for development land, planning delays, the availability of mortgage finance, as well as increases in material costs. Given the size of the group, the directors have not delegated the responsibility of monitoring financial risk management to a sub committee. The policies are set and reviewed by the director, and are implemented by the group's finance team. In addition to the risks noted above, the group is sensitive to the following risks below: Liquidity risk The group actively maintains a mixture of long-term and short-term finance to ensure sufficient liquidity available for operations and any planned expansions. Interest rate risk The group finances its operations through a combination of bank overdrafts and loans, and has a policy of maintaining debt at competitive rates to ensure a reasonable degree of certainty over future interest cash flows. The directors will revisit the appropriateness of this policy should the group's operations change in size or nature.