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REGISTERED NUMBER: 06406369 (England and Wales)















Supastorage Limited

Financial Statements for the Period 1 May 2023 to 31 December 2023






Supastorage Limited (Registered number: 06406369)






Contents of the Financial Statements
for the Period 1 May 2023 to 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Supastorage Limited

Company Information
for the Period 1 May 2023 to 31 December 2023







DIRECTORS: Mr D Shaw
Ms S M Bergström
Mr M I Whittaker





REGISTERED OFFICE: Unit 3
57 Windsor Avenue
Wimbledon
London
SW19 2RR





REGISTERED NUMBER: 06406369 (England and Wales)





AUDITORS: Swindells LLP
Chartered Accountants
and Statutory Auditor
Atlantic House
8 Bell Lane
Bellbrook Industrial Estate
Uckfield
East Sussex
TN22 1QL

Supastorage Limited (Registered number: 06406369)

Balance Sheet
31 December 2023

2023 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 167

CURRENT ASSETS
Debtors 5 101,681 116,371
Cash at bank 1,317 47,291
102,998 163,662
CREDITORS: AMOUNTS FALLING DUE
WITHIN ONE YEAR

6

123,063

170,842
NET CURRENT LIABILITIES (20,065 ) (7,180 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(20,065

)

(7,013

)

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings (20,165 ) (7,113 )
SHAREHOLDERS' FUNDS (20,065 ) (7,013 )

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 26 July 2024 and were signed on its behalf by:





Mr D Shaw - Director


Supastorage Limited (Registered number: 06406369)

Notes to the Financial Statements
for the Period 1 May 2023 to 31 December 2023

1. STATUTORY INFORMATION

Supastorage 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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

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

Taxation
Taxation for the period 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.


Supastorage Limited (Registered number: 06406369)

Notes to the Financial Statements - continued
for the Period 1 May 2023 to 31 December 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.

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 period 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.

Going concern
We have assessed whether the going concern basis of preparation continues to be appropriate, based on whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the company to continue as a going concern. At the time of approving the financial statements the directors believe that all appropriate measures have been or will be taken to ensure that the company will be able to continue its operations for at least the next twelve months and thus conclude that the going concern basis remains appropriate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2023 - 1 ) .

Supastorage Limited (Registered number: 06406369)

Notes to the Financial Statements - continued
for the Period 1 May 2023 to 31 December 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Short and
leasehold fittings Totals
£    £    £   
COST
At 1 May 2023 11,874 263,217 275,091
Disposals (11,874 ) - (11,874 )
At 31 December 2023 - 263,217 263,217
DEPRECIATION
At 1 May 2023 11,707 263,217 274,924
Charge for period 167 - 167
Eliminated on disposal (11,874 ) - (11,874 )
At 31 December 2023 - 263,217 263,217
NET BOOK VALUE
At 31 December 2023 - - -
At 30 April 2023 167 - 167

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2023
£    £   
Trade debtors 36,280 24,471
Other debtors 65,401 91,900
101,681 116,371

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2023
£    £   
Trade creditors 7,594 58,113
Amounts owed to group undertakings 98,826 97,826
Taxation and social security 11,302 13,149
Other creditors 5,341 1,754
123,063 170,842

Supastorage Limited (Registered number: 06406369)

Notes to the Financial Statements - continued
for the Period 1 May 2023 to 31 December 2023

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2023
value: £    £   
100 Ordinary £1 100 100

8. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.


In the previous accounting period the directors of the company took advantage of audit exemption under s477 of the Companies Act. Therefore the prior period financial statements were not subject to audit.

Joanna Green BSc FCA (Senior Statutory Auditor)
for and on behalf of Swindells LLP

9. OTHER FINANCIAL COMMITMENTS

Total financial commitments which are not included in the balance sheet amount to £2,350,767 (2023: £nil) and are all in respect of an operating lease payable over the next 15 years.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Assa Abloy AB Sweden.

The immediate parent company is PTI Integrated Systems (UK) Ltd.