Company Registration No. 09712021 (England and Wales)
London Storage Point Ltd
Unaudited accounts
for the year ended 31 July 2023
London Storage Point Ltd
Unaudited accounts
Contents
London Storage Point Ltd
Company Information
for the year ended 31 July 2023
Directors
Mrs R.Sternlicht
Mr I.Sternlicht
Company Number
09712021 (England and Wales)
Registered Office
103 High Street
Waltham Cross
Hertfordshire
EN8 7AN
United Kingdom
Accountants
Brindley Goldstein Ltd
103 High Street
Waltham Cross
EN8 7AN
London Storage Point Ltd
Statement of financial position
as at 31 July 2023
Cash at bank and in hand
59,188
5,194
Creditors: amounts falling due within one year
(269,976)
(254,725)
Net current assets
88,692
96,546
Total assets less current liabilities
88,692
96,546
Creditors: amounts falling due after more than one year
(29,167)
(39,167)
Called up share capital
2
2
Profit and loss account
59,523
57,377
Shareholders' funds
59,525
57,379
For the year ending 31 July 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 18 April 2024 and were signed on its behalf by
Mr I.Sternlicht
Director
Company Registration No. 09712021
London Storage Point Ltd
Notes to the Accounts
for the year ended 31 July 2023
London Storage Point Ltd is a private company, limited by shares, registered in England and Wales, registration number 09712021. The registered office is 103 High Street, Waltham Cross, Hertfordshire, EN8 7AN, United Kingdom.
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:
Fixtures & fittings
20% straight line
4
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
Trade debtors
61,630
134,077
Other debtors
237,850
212,000
London Storage Point Ltd
Notes to the Accounts
for the year ended 31 July 2023
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
58,135
131,737
Taxes and social security
504
8,852
Other creditors
58,054
37,522
Loans from directors
139,657
69,859
7
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
9
Transactions with related parties
The company was under the control of Mr. I.Sternlicht throughout the current period. Mr. I Sternlicht is personally interested in 50% of the company's issued share capital.
10
Average number of employees
During the year the average number of employees was 5 (2022: 5).