1 January 2023 false No description of principal activity Taxfiler 2024.5 09322074business:PrivateLimitedCompanyLtd2023-01-012023-12-31 093220742022-12-31 093220742023-01-012023-12-31 09322074business:AuditExempt-NoAccountantsReport2023-01-012023-12-31 09322074business:FilletedAccounts2023-01-012023-12-31 093220742023-12-31 09322074business:Director12023-01-012023-12-31 09322074business:RegisteredOffice2023-01-012023-12-31 093220742022-12-31 09322074core:WithinOneYear2023-12-31 09322074core:WithinOneYear2022-12-31 09322074core:AfterOneYear2023-12-31 09322074core:AfterOneYear2022-12-31 09322074core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 09322074core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 09322074core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 09322074core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 09322074core:PreviouslyStatedAmount2023-12-31 09322074core:PreviouslyStatedAmount2022-12-31 09322074business:SmallEntities2023-01-012023-12-31 09322074countries:EnglandWales2023-01-012023-12-31 09322074core:PlantMachinery2023-01-012023-12-31 09322074core:PlantMachinery2022-12-31 09322074core:PlantMachinery2023-12-31 093220742022-01-012022-12-31 iso4217:GBP xbrli:pure
Company Registration No. 09322074 (England and Wales)
AYLESFORD SELF STORAGE LTD. Unaudited accounts for the year ended 31 December 2023
AYLESFORD SELF STORAGE LTD. Unaudited accounts Contents
Page
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AYLESFORD SELF STORAGE LTD. Company Information for the year ended 31 December 2023
Director
William Taylor
Company Number
09322074 (England and Wales)
Registered Office
THE COACHWORKS OLD MILL LANE AYLESFORD KENT ME20 7DT
Accountants
Coles Accounting (Cambridge) Limited Newton Hall Town Street, Newton Cambridge Cambridgeshire CB22 7ZE
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AYLESFORD SELF STORAGE LTD. Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
84,822 
97,628 
Current assets
Debtors
46,171 
32,249 
Cash at bank and in hand
2,927 
12,870 
49,098 
45,119 
Creditors: amounts falling due within one year
(138,432)
(130,032)
Net current liabilities
(89,334)
(84,913)
Total assets less current liabilities
(4,512)
12,715 
Creditors: amounts falling due after more than one year
(21,987)
(31,280)
Provisions for liabilities
Deferred tax
(14,832)
(17,077)
Net liabilities
(41,331)
(35,642)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(41,333)
(35,644)
Shareholders' funds
(41,331)
(35,642)
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 20 September 2024 and were signed on its behalf by
William Taylor Director Company Registration No. 09322074
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AYLESFORD SELF STORAGE LTD. Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
AYLESFORD SELF STORAGE LTD. is a private company, limited by shares, registered in England and Wales, registration number 09322074. The registered office is THE COACHWORKS, OLD MILL LANE, AYLESFORD, KENT, ME20 7DT.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
10% straight line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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AYLESFORD SELF STORAGE LTD. Notes to the Accounts for the year ended 31 December 2023
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2023
168,853 
Additions
4,467 
At 31 December 2023
173,320 
Depreciation
At 1 January 2023
71,225 
Charge for the year
17,273 
At 31 December 2023
88,498 
Net book value
At 31 December 2023
84,822 
At 31 December 2022
97,628 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
29,651 
14,938 
Accrued income and prepayments
16,520 
17,311 
46,171 
32,249 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
9,293 
12,872 
VAT
25,570 
9,145 
Obligations under finance leases and hire purchase contracts
- 
3,560 
Trade creditors
5,329 
19,026 
Amounts owed to group undertakings and other participating interests
66,674 
66,663 
Taxes and social security
7,957 
1,690 
Other creditors
23,297 
15,281 
Loans from directors
312 
1,795 
138,432 
130,032 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
21,987 
31,280 
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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