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REGISTERED NUMBER: 03754580 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

ARCHIVE STORAGE AND RETRIEVAL LIMITED

ARCHIVE STORAGE AND RETRIEVAL LIMITED (REGISTERED NUMBER: 03754580)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ARCHIVE STORAGE AND RETRIEVAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: R E Bettis
Mrs K K Bettis
Mrs K R Hill
R W Bettis





REGISTERED OFFICE: 61 Station Road
Sudbury
Suffolk
CO10 2SP





REGISTERED NUMBER: 03754580 (England and Wales)





ACCOUNTANTS: Seago and Stopps
Chartered Certified Accountants
61 Station Road
Sudbury
Suffolk
CO10 2SP

ARCHIVE STORAGE AND RETRIEVAL LIMITED (REGISTERED NUMBER: 03754580)

BALANCE SHEET
31 DECEMBER 2023

31.12.22 31.12.23
£    £    Notes £    £   
FIXED ASSETS
- Intangible assets 4 -
704,604 Tangible assets 5 926,899
704,604 926,899

CURRENT ASSETS
250 Stocks 159
1,240,217 Debtors 6 1,200,369
587,458 Cash at bank and in hand 612,972
1,827,925 1,813,500
CREDITORS
245,955 Amounts falling due within one year 7 280,815
1,581,970 NET CURRENT ASSETS 1,532,685
2,286,574 TOTAL ASSETS LESS CURRENT
LIABILITIES

2,459,584

CREDITORS
(28,291 ) Amounts falling due after more than one
year

8

-

(39,617 ) PROVISIONS FOR LIABILITIES (100,604 )
2,218,666 NET ASSETS 2,358,980

ARCHIVE STORAGE AND RETRIEVAL LIMITED (REGISTERED NUMBER: 03754580)

BALANCE SHEET - continued
31 DECEMBER 2023

31.12.22 31.12.23
£    £    Notes £    £   
CAPITAL AND RESERVES
2 Called up share capital 9 2
2,218,664 Retained earnings 2,358,978
2,218,666 SHAREHOLDERS' FUNDS 2,358,980

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 April 2024 and were signed on its behalf by:





Mrs K R Hill - Director


ARCHIVE STORAGE AND RETRIEVAL LIMITED (REGISTERED NUMBER: 03754580)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Archive Storage and Retrieval 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents the value of work completed during the year, by reference to invoiced sales and the movement between opening and closing work in progress and trade debtors balances and rent receivable for commercial units.

Intangible assets - website
Website costs have been amortised evenly over an estimated useful life of four years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property - 25 years straight line
Plant & machinery - 10 years straight line
Fixtures & fittings - 10 / 20 years straight line
Motor vehicles - 25% on reducing balance
Computer equipment - 10 years straight line

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Financial instruments
The company enters into basic financial instrument transactions, as appropriate and as and when required, that result in the recognition of financial assets and liabilities within the financial statements such as trade and other accounts receivable and payable, bank loans and hire purchase and lease contracts.


ARCHIVE STORAGE AND RETRIEVAL LIMITED (REGISTERED NUMBER: 03754580)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2022 - 10 ) .

4. INTANGIBLE FIXED ASSETS
Website
costs
£   
COST
At 1 January 2023
and 31 December 2023 3,200
AMORTISATION
At 1 January 2023
and 31 December 2023 3,200
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 -

ARCHIVE STORAGE AND RETRIEVAL LIMITED (REGISTERED NUMBER: 03754580)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

5. TANGIBLE FIXED ASSETS
Freehold Plant &
Totals property machinery
£    £    £   
COST
At 1 January 2023 1,755,416 847,628 647,736
Additions 332,235 29,008 24,926
Disposals (10,987 ) - (2,425 )
At 31 December 2023 2,076,664 876,636 670,237
DEPRECIATION
At 1 January 2023 1,050,812 360,679 488,487
Charge for year 105,718 35,061 39,079
Eliminated on disposal (6,765 ) - (2,425 )
At 31 December 2023 1,149,765 395,740 525,141
NET BOOK VALUE
At 31 December 2023 926,899 480,896 145,096
At 31 December 2022 704,604 486,949 159,249

Fixtures
and Motor Computer
fittings vehicles equipment
£    £    £   
COST
At 1 January 2023 208,679 37,436 13,937
Additions 244,969 32,733 599
Disposals - (6,975 ) (1,587 )
At 31 December 2023 453,648 63,194 12,949
DEPRECIATION
At 1 January 2023 168,397 24,491 8,758
Charge for year 20,370 10,439 769
Eliminated on disposal - (3,052 ) (1,288 )
At 31 December 2023 188,767 31,878 8,239
NET BOOK VALUE
At 31 December 2023 264,881 31,316 4,710
At 31 December 2022 40,282 12,945 5,179

ARCHIVE STORAGE AND RETRIEVAL LIMITED (REGISTERED NUMBER: 03754580)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 270,985 295,406
Other debtors 929,384 944,811
1,200,369 1,240,217

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts - 10,000
Hire purchase contracts 2,642 7,924
Payments on account 76,577 75,896
Trade creditors 32,899 35,811
Taxation and social security 56,621 61,748
Other creditors 112,076 54,576
280,815 245,955

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans - 25,649
Hire purchase contracts - 2,642
- 28,291

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
2 Ordinary £1 2 2