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REGISTERED NUMBER: 06540037 (England and Wales)








Unaudited Financial Statements

for the Year Ended 31 March 2023

for

C & L Self Storage Limited

C & L Self Storage Limited (Registered number: 06540037)

Contents of the Financial Statements
for the Year Ended 31 March 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


C & L Self Storage Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: C N Page
Mrs E A Page
Mrs C Rosier





SECRETARY: Mrs E A Page





REGISTERED OFFICE: Dunketts
Church Farm
Baughurst
Tadley
Hampshire
RG26 5JY





REGISTERED NUMBER: 06540037 (England and Wales)





ACCOUNTANTS: Lane Monnington Welton
Chartered Accountants
Riverside View
Basing Road
Old Basing
Basingstoke
Hampshire
RG24 7AL

C & L Self Storage Limited (Registered number: 06540037)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 9,353 4,471
9,353 4,471

CURRENT ASSETS
Debtors 6 8,609 14,243
Cash at bank 44,488 61,119
53,097 75,362
CREDITORS
Amounts falling due within one year 7 37,285 30,125
NET CURRENT ASSETS 15,812 45,237
TOTAL ASSETS LESS CURRENT
LIABILITIES

25,165

49,708

PROVISIONS FOR LIABILITIES 8 1,777 849
NET ASSETS 23,388 48,859

CAPITAL AND RESERVES
Called up share capital 9 100 2
Retained earnings 23,288 48,857
SHAREHOLDERS' FUNDS 23,388 48,859

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

C & L Self Storage Limited (Registered number: 06540037)

Balance Sheet - continued
31 March 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 October 2023 and were signed on its behalf by:





Mrs E A Page - Director


C & L Self Storage Limited (Registered number: 06540037)

Notes to the Financial Statements
for the Year Ended 31 March 2023


1. STATUTORY INFORMATION

C & L Self Storage Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Franchise fee
The franchise fee has been written off over the 5-year life of the franchise agreement.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Office equipment - 25% on reducing balance

Financial instruments
Debtors and creditors payable/receivable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price, including transaction costs. Subsequently they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


C & L Self Storage Limited (Registered number: 06540037)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date, adjusted for indexation where applicable.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Impairment
Assets not measured at fair value are reviewed for any indication that an asset may be impaired at each balance sheet date. The directors review the carrying amount of the relevant assets and compare them to their market values and recoverable amounts. Where the carrying amount exceeds this, an impairment loss is recognised in profit or loss, unless the asset is carried at a revalued amount, where the impairment loss is a revaluation decrease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. INTANGIBLE FIXED ASSETS
Franchise
fee
£   
COST
At 1 April 2022
and 31 March 2023 5,923
AMORTISATION
At 1 April 2022
and 31 March 2023 5,923
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 -

C & L Self Storage Limited (Registered number: 06540037)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023


5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Office
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2022 87,877 1,995 - 5,880 95,752
Additions - - 8,000 - 8,000
At 31 March 2023 87,877 1,995 8,000 5,880 103,752
DEPRECIATION
At 1 April 2022 84,739 1,188 - 5,354 91,281
Charge for year 785 202 2,000 131 3,118
At 31 March 2023 85,524 1,390 2,000 5,485 94,399
NET BOOK VALUE
At 31 March 2023 2,353 605 6,000 395 9,353
At 31 March 2022 3,138 807 - 526 4,471

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 8,002 13,654
Other debtors 607 589
8,609 14,243

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Taxation and social security 18,130 20,772
Other creditors 19,155 9,353
37,285 30,125

8. PROVISIONS FOR LIABILITIES
31.3.23 31.3.22
£    £   
Deferred tax 1,777 849

Deferred
tax
£   
Balance at 1 April 2022 849
Provided during year 928
Accelerated capital allowances
Balance at 31 March 2023 1,777

C & L Self Storage Limited (Registered number: 06540037)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023


9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 31.3.22
value: £    £   
100 Ordinary £1 100 2

98 Ordinary shares of £1 were issued during the year for cash of £ 98 .