Company Registration No. 10538617 (England and Wales)
Piper Self Storage Limited
Unaudited accounts
for the year ended 31 December 2023
Piper Self Storage Limited
Unaudited accounts
Contents
Piper Self Storage Limited
Company Information
for the year ended 31 December 2023
Company Number
10538617 (England and Wales)
Registered Office
Piper Self Storage Limited
Botany Way Beacon Hill Ind Estate
Purfleet
Essex
RM19 1SR
Accountants
Beckett Taylor Limited
63-66 Hatton Garden
London
EC1N 8LE
Piper Self Storage Limited
Statement of financial position
as at 31 December 2023
Tangible assets
210,339
145,070
Cash at bank and in hand
20,785
7,597
Creditors: amounts falling due within one year
(73,110)
(37,184)
Net current liabilities
(38,427)
(15,057)
Total assets less current liabilities
171,912
130,013
Creditors: amounts falling due after more than one year
(65,545)
(50,178)
Called up share capital
100
100
Profit and loss account
106,267
79,735
Shareholders' funds
106,367
79,835
For the year ending 31 December 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 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 14 February 2024 and were signed on its behalf by
Mr F Pipper
Director
Company Registration No. 10538617
Piper Self Storage Limited
Notes to the Accounts
for the year ended 31 December 2023
Piper Self Storage Limited is a private company, limited by shares, registered in England and Wales, registration number 10538617. The registered office is Piper Self Storage Limited, Botany Way Beacon Hill Ind Estate, Purfleet, Essex, RM19 1SR.
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:
Plant & machinery
20% Reducing Balance
Motor vehicles
20% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2023
208,653
31,374
2,479
242,506
Additions
77,650
40,187
-
117,837
At 31 December 2023
286,303
71,561
2,479
360,343
At 1 January 2023
85,645
11,295
496
97,436
Charge for the year
40,131
12,053
384
52,568
At 31 December 2023
125,776
23,348
880
150,004
At 31 December 2023
160,527
48,213
1,599
210,339
At 31 December 2022
123,008
20,079
1,983
145,070
Amounts falling due within one year
Trade debtors
13,898
14,530
Piper Self Storage Limited
Notes to the Accounts
for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
37,319
10,000
Obligations under finance leases and hire purchase contracts
8,047
4,198
Trade creditors
7,846
1,152
Taxes and social security
3,403
-
Other creditors
9,580
9,570
Loans from directors
1,702
4,206
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
42,212
17,678
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).