2023-04-282024-04-302024-04-30false14833648Vehicle Storage Services Limited2024-07-2596090iso4217:GBPxbrli:pure148336482023-04-28148336482024-04-30148336482023-04-282024-04-30148336482023-04-27148336482023-04-27148336482023-04-272023-04-2714833648bus:SmallEntities2023-04-282024-04-3014833648bus:AuditExempt-NoAccountantsReport2023-04-282024-04-3014833648bus:FullAccounts2023-04-282024-04-3014833648bus:PrivateLimitedCompanyLtd2023-04-282024-04-3014833648core:WithinOneYear2024-04-3014833648core:AfterOneYear2024-04-3014833648core:WithinOneYear2023-04-2714833648core:AfterOneYear2023-04-2714833648core:ShareCapital2024-04-3014833648core:SharePremium2024-04-3014833648core:RevaluationReserve2024-04-3014833648core:OtherReservesSubtotal2024-04-3014833648core:RetainedEarningsAccumulatedLosses2024-04-3014833648core:ShareCapital2023-04-2714833648core:SharePremium2023-04-2714833648core:RevaluationReserve2023-04-2714833648core:OtherReservesSubtotal2023-04-2714833648core:RetainedEarningsAccumulatedLosses2023-04-2714833648core:LandBuildings2024-04-3014833648core:PlantMachinery2024-04-3014833648core:Vehicles2024-04-3014833648core:FurnitureFittings2024-04-3014833648core:OfficeEquipment2024-04-3014833648core:NetGoodwill2024-04-3014833648core:IntangibleAssetsOtherThanGoodwill2024-04-3014833648core:ListedExchangeTraded2024-04-3014833648core:UnlistedNon-exchangeTraded2024-04-3014833648core:LandBuildings2023-04-2714833648core:PlantMachinery2023-04-2714833648core:Vehicles2023-04-2714833648core:FurnitureFittings2023-04-2714833648core:OfficeEquipment2023-04-2714833648core:NetGoodwill2023-04-2714833648core:IntangibleAssetsOtherThanGoodwill2023-04-2714833648core:ListedExchangeTraded2023-04-2714833648core:UnlistedNon-exchangeTraded2023-04-2714833648core:LandBuildings2023-04-282024-04-3014833648core:PlantMachinery2023-04-282024-04-3014833648core:Vehicles2023-04-282024-04-3014833648core:FurnitureFittings2023-04-282024-04-3014833648core:OfficeEquipment2023-04-282024-04-3014833648core:NetGoodwill2023-04-282024-04-3014833648core:IntangibleAssetsOtherThanGoodwill2023-04-282024-04-3014833648core:ListedExchangeTraded2023-04-282024-04-3014833648core:UnlistedNon-exchangeTraded2023-04-282024-04-3014833648core:MoreThanFiveYears2023-04-282024-04-3014833648core:Non-currentFinancialInstruments2024-04-3014833648core:Non-currentFinancialInstruments2023-04-2714833648dpl:CostSales2023-04-282024-04-3014833648dpl:DistributionCosts2023-04-282024-04-3014833648core:LandBuildings2023-04-282024-04-3014833648core:PlantMachinery2023-04-282024-04-3014833648core:Vehicles2023-04-282024-04-3014833648core:FurnitureFittings2023-04-282024-04-3014833648core:OfficeEquipment2023-04-282024-04-3014833648dpl:AdministrativeExpenses2023-04-282024-04-3014833648core:NetGoodwill2023-04-282024-04-3014833648core:IntangibleAssetsOtherThanGoodwill2023-04-282024-04-3014833648dpl:GroupUndertakings2023-04-282024-04-3014833648dpl:ParticipatingInterests2023-04-282024-04-3014833648dpl:GroupUndertakingscore:ListedExchangeTraded2023-04-282024-04-3014833648core:ListedExchangeTraded2023-04-282024-04-3014833648dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-04-282024-04-3014833648core:UnlistedNon-exchangeTraded2023-04-282024-04-3014833648dpl:CostSales2023-04-272023-04-2714833648dpl:DistributionCosts2023-04-272023-04-2714833648core:LandBuildings2023-04-272023-04-2714833648core:PlantMachinery2023-04-272023-04-2714833648core:Vehicles2023-04-272023-04-2714833648core:FurnitureFittings2023-04-272023-04-2714833648core:OfficeEquipment2023-04-272023-04-2714833648dpl:AdministrativeExpenses2023-04-272023-04-2714833648core:NetGoodwill2023-04-272023-04-2714833648core:IntangibleAssetsOtherThanGoodwill2023-04-272023-04-2714833648dpl:GroupUndertakings2023-04-272023-04-2714833648dpl:ParticipatingInterests2023-04-272023-04-2714833648dpl:GroupUndertakingscore:ListedExchangeTraded2023-04-272023-04-2714833648core:ListedExchangeTraded2023-04-272023-04-2714833648dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-04-272023-04-2714833648core:UnlistedNon-exchangeTraded2023-04-272023-04-2714833648core:NetGoodwill2024-04-3014833648core:IntangibleAssetsOtherThanGoodwill2024-04-3014833648core:LandBuildings2024-04-3014833648core:PlantMachinery2024-04-3014833648core:Vehicles2024-04-3014833648core:FurnitureFittings2024-04-3014833648core:OfficeEquipment2024-04-3014833648core:AfterOneYear2024-04-3014833648core:WithinOneYear2024-04-3014833648core:ListedExchangeTraded2024-04-3014833648core:UnlistedNon-exchangeTraded2024-04-3014833648core:ShareCapital2024-04-3014833648core:SharePremium2024-04-3014833648core:RevaluationReserve2024-04-3014833648core:OtherReservesSubtotal2024-04-3014833648core:RetainedEarningsAccumulatedLosses2024-04-3014833648core:NetGoodwill2023-04-2714833648core:IntangibleAssetsOtherThanGoodwill2023-04-2714833648core:LandBuildings2023-04-2714833648core:PlantMachinery2023-04-2714833648core:Vehicles2023-04-2714833648core:FurnitureFittings2023-04-2714833648core:OfficeEquipment2023-04-2714833648core:AfterOneYear2023-04-2714833648core:WithinOneYear2023-04-2714833648core:ListedExchangeTraded2023-04-2714833648core:UnlistedNon-exchangeTraded2023-04-2714833648core:ShareCapital2023-04-2714833648core:SharePremium2023-04-2714833648core:RevaluationReserve2023-04-2714833648core:OtherReservesSubtotal2023-04-2714833648core:RetainedEarningsAccumulatedLosses2023-04-2714833648core:NetGoodwill2023-04-2714833648core:IntangibleAssetsOtherThanGoodwill2023-04-2714833648core:LandBuildings2023-04-2714833648core:PlantMachinery2023-04-2714833648core:Vehicles2023-04-2714833648core:FurnitureFittings2023-04-2714833648core:OfficeEquipment2023-04-2714833648core:AfterOneYear2023-04-2714833648core:WithinOneYear2023-04-2714833648core:ListedExchangeTraded2023-04-2714833648core:UnlistedNon-exchangeTraded2023-04-2714833648core:ShareCapital2023-04-2714833648core:SharePremium2023-04-2714833648core:RevaluationReserve2023-04-2714833648core:OtherReservesSubtotal2023-04-2714833648core:RetainedEarningsAccumulatedLosses2023-04-2714833648core:AfterOneYear2023-04-282024-04-3014833648core:WithinOneYear2023-04-282024-04-3014833648core:Non-currentFinancialInstrumentscore:CostValuation2023-04-282024-04-3014833648core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-04-282024-04-3014833648core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-04-282024-04-3014833648core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-04-282024-04-3014833648core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-04-282024-04-3014833648core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-04-282024-04-3014833648core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-04-282024-04-3014833648core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-04-282024-04-3014833648core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-04-282024-04-3014833648core:Non-currentFinancialInstrumentscore:CostValuation2024-04-3014833648core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-04-3014833648core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-04-3014833648core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-04-3014833648core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-04-3014833648core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-04-3014833648core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-04-3014833648core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-04-3014833648core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-04-3014833648core:Non-currentFinancialInstrumentscore:CostValuation2023-04-2714833648core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-04-2714833648core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-04-2714833648core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-04-2714833648core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-04-2714833648core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-04-2714833648core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-04-2714833648core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-04-2714833648core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-04-2714833648bus:Director12023-04-282024-04-3014833648bus:Director22023-04-282024-04-30

Vehicle Storage Services Limited

Registered Number
14833648
(England and Wales)

Unaudited Financial Statements for the Period ended
30 April 2024

Vehicle Storage Services Limited
Company Information
for the period from 28 April 2023 to 30 April 2024

Directors

Green, Jordan Frederick
Whitelaw, Quinton

Registered Address

Yard B Windsor Mill Hollins Road
Hollinwood
Oldham
OL8 3RB

Registered Number

14833648 (England and Wales)
Vehicle Storage Services Limited
Balance Sheet as at
30 April 2024

Notes

2024

£

£

Fixed assets
Tangible assets35,363
5,363
Current assets
Debtors552,585
Cash at bank and on hand25,782
78,367
Creditors amounts falling due within one year6(54,168)
Net current assets (liabilities)24,199
Total assets less current liabilities29,562
Net assets29,562
Capital and reserves
Profit and loss account29,562
Shareholders' funds29,562
The financial statements were approved and authorised for issue by the Board of Directors on 25 July 2024, and are signed on its behalf by:
Green, Jordan Frederick
Director
Registered Company No. 14833648
Vehicle Storage Services Limited
Notes to the Financial Statements
for the period ended 30 April 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Current taxation
Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Reducing balance (%)
Office Equipment25
Stocks and work in progress
Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.
2.Average number of employees

2024
Average number of employees during the year1
3.Tangible fixed assets

Office Equipment

Total

££
Cost or valuation
Additions6,3656,365
At 30 April 246,3656,365
Depreciation and impairment
Charge for year1,0021,002
At 30 April 241,0021,002
Net book value
At 30 April 245,3635,363
At 27 April 23--
4.Stocks
5.Debtors: amounts due within one year

2024

£
Trade debtors / trade receivables18,808
Prepayments and accrued income33,777
Total52,585
6.Creditors: amounts due within one year

2024

£
Trade creditors / trade payables8,543
Taxation and social security17,441
Other creditors26,211
Accrued liabilities and deferred income1,973
Total54,168