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REGISTERED NUMBER: 11260856 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Urban Square Storage Solutions Limited

Urban Square Storage Solutions Limited (Registered number: 11260856)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

Urban Square Storage Solutions Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mr David Andrew Millar
Mr Mark Alan Sutcliffe





REGISTERED OFFICE: 2 Bradman Close
Wallasey
Merseyside
CH45 4LG





REGISTERED NUMBER: 11260856 (England and Wales)





ACCOUNTANTS: Cheryl Bostock & Company Accountants Limited
395-397 Woodchurch Road
Prenton
Birkenhead
Merseyside

Urban Square Storage Solutions Limited (Registered number: 11260856)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 131,651 137,916

CURRENT ASSETS
Stocks 1,860 1,860
Debtors 5 70,100 51,413
Cash at bank and in hand 4,092 18,520
76,052 71,793
CREDITORS
Amounts falling due within one year 6 75,960 63,802
NET CURRENT ASSETS 92 7,991
TOTAL ASSETS LESS CURRENT
LIABILITIES

131,743

145,907

CREDITORS
Amounts falling due after more than one
year

7

(32,441

)

(45,122

)

PROVISIONS FOR LIABILITIES (11,571 ) -
NET ASSETS 87,731 100,785

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 87,631 100,685
SHAREHOLDERS' FUNDS 87,731 100,785

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

Urban Square Storage Solutions Limited (Registered number: 11260856)

Balance Sheet - continued
31 March 2024


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 17 September 2024 and were signed on its behalf by:




Mr David Andrew Millar - Director



Mr Mark Alan Sutcliffe - Director


Urban Square Storage Solutions Limited (Registered number: 11260856)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Urban Square Storage Solutions 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.

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 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.
Plant and machinery - 20% on reducing balance
Motor vehicles - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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 year 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Urban Square Storage Solutions Limited (Registered number: 11260856)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Freehold Plant and Motor
property machinery vehicles Totals
£    £    £    £   
COST
At 1 April 2023 80,418 91,073 23,117 194,608
Additions - 2,509 - 2,509
At 31 March 2024 80,418 93,582 23,117 197,117
DEPRECIATION
At 1 April 2023 - 48,396 8,296 56,692
Charge for year - 7,770 1,004 8,774
At 31 March 2024 - 56,166 9,300 65,466
NET BOOK VALUE
At 31 March 2024 80,418 37,416 13,817 131,651
At 31 March 2023 80,418 42,677 14,821 137,916

5. DEBTORS
31.3.24 31.3.23
£    £   
Amounts falling due within one year:
Trade debtors 61,691 47,391
Other debtors 1,391 3,652
Prepayments 1,046 -
64,128 51,043

Amounts falling due after more than one year:
Amounts owed by group undertakings 5,972 370

Aggregate amounts 70,100 51,413

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 3,660 3,280
Hire purchase contracts 4,590 4,590
Trade creditors 41,349 24,660
Tax 2,096 -
Social security and other taxes - 748
VAT 7,651 10,659
Other creditors 459 1,205
Directors' current accounts 15,755 18,435
Accrued expenses 400 225
75,960 63,802

Urban Square Storage Solutions Limited (Registered number: 11260856)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans - 2-5 years 24,409 32,500
Hire purchase contracts 8,032 12,622
32,441 45,122

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
100 Ordinary 1 100 100

9. RESERVES
Retained
earnings
£   

At 1 April 2023 100,685
Deficit for the year (10,042 )
Dividends (3,012 )
At 31 March 2024 87,631

Urban Square Storage Solutions Limited

Report of the Accountants to the Directors of
Urban Square Storage Solutions Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2024 set out on pages two to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Cheryl Bostock & Company Accountants Limited
395-397 Woodchurch Road
Prenton
Birkenhead
Merseyside


17 September 2024