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Company Registration No. 04575816 (England and Wales)
INSTANT STORAGE LIMITED Unaudited accounts for the year ended 31 March 2023
INSTANT STORAGE LIMITED Unaudited accounts Contents
Page
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INSTANT STORAGE LIMITED Company Information for the year ended 31 March 2023
Directors
David Taylor Jane Ann Taylor
Secretary
Jane Ann Taylor
Company Number
04575816 (England and Wales)
Registered Office
UNIT 3 BUFFER STORAGE DEPOT TRENTSIDE GUNTHORPE NOTTS NG14 7FB
Accountants
Hammond & Co 36 Chesterfield Road Market Street Staveley Derbyshire S43 3UT
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INSTANT STORAGE LIMITED Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
15,991 
17,884 
Current assets
Debtors
402,969 
333,053 
Cash at bank and in hand
30,736 
24,620 
433,705 
357,673 
Creditors: amounts falling due within one year
(89,032)
(47,573)
Net current assets
344,673 
310,100 
Total assets less current liabilities
360,664 
327,984 
Creditors: amounts falling due after more than one year
(35,004)
(45,005)
Provisions for liabilities
Deferred tax
(2,250)
(2,500)
Net assets
323,410 
280,479 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
323,400 
280,469 
Shareholders' funds
323,410 
280,479 
For the year ending 31 March 2023 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 directors acknowledge 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 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 of Directors and authorised for issue on 3 October 2023 and were signed on its behalf by
Jane Ann Taylor Director Company Registration No. 04575816
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INSTANT STORAGE LIMITED Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
INSTANT STORAGE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04575816. The registered office is UNIT 3 BUFFER STORAGE DEPOT, TRENTSIDE, GUNTHORPE, NOTTS, NG14 7FB.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Land & buildings
10% Reducing Balance
Plant & machinery
10% Reducing Balance
Computer equipment
33% Reducing Balance
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2022
11,555 
69,462 
1,400 
82,417 
At 31 March 2023
11,555 
69,462 
1,400 
82,417 
Depreciation
At 1 April 2022
6,934 
56,481 
1,118 
64,533 
Charge for the year
461 
1,339 
93 
1,893 
At 31 March 2023
7,395 
57,820 
1,211 
66,426 
Net book value
At 31 March 2023
4,160 
11,642 
189 
15,991 
At 31 March 2022
4,621 
12,981 
282 
17,884 
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INSTANT STORAGE LIMITED Notes to the Accounts for the year ended 31 March 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
7,572 
(368)
Other debtors
395,397 
333,421 
402,969 
333,053 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
- 
2,887 
VAT
60,317 
63,462 
Trade creditors
(5,035)
(3,545)
Taxes and social security
33,750 
36,164 
Other creditors
- 
531 
Loans from directors
- 
(51,926)
89,032 
47,573 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
35,004 
45,005 
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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