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REGISTERED NUMBER: 12406693 (England and Wales)















Financial Statements for the Period 1 February 2024 to 31 August 2024

for

ASM Storage Ltd

ASM Storage Ltd (Registered number: 12406693)






Contents of the Financial Statements
for the Period 1 February 2024 to 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

ASM Storage Ltd

Company Information
for the Period 1 February 2024 to 31 August 2024







DIRECTORS: M Clare
A Clare





REGISTERED OFFICE: 6 Middle Row
East Grinstead
West Sussex
RH19 3AX





REGISTERED NUMBER: 12406693 (England and Wales)





ACCOUNTANTS: AC TAX SERVICES
144 Mackie Avenue
Brighton
East Sussex
BN1 8SB

ASM Storage Ltd (Registered number: 12406693)

Balance Sheet
31 August 2024

31.8.24 31.1.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 6,605

CURRENT ASSETS
Debtors 5 243 -
Cash at bank 3,567 4,947
3,810 4,947
CREDITORS
Amounts falling due within one year 6 1,503 6,199
NET CURRENT ASSETS/(LIABILITIES) 2,307 (1,252 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,307

5,353

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 2,305 5,351
2,307 5,353

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

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

ASM Storage Ltd (Registered number: 12406693)

Balance Sheet - continued
31 August 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 15 November 2024 and were signed on its behalf by:





A Clare - Director


ASM Storage Ltd (Registered number: 12406693)

Notes to the Financial Statements
for the Period 1 February 2024 to 31 August 2024

1. STATUTORY INFORMATION

ASM Storage Ltd 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.

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.


ASM Storage Ltd (Registered number: 12406693)

Notes to the Financial Statements - continued
for the Period 1 February 2024 to 31 August 2024

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2024 - 2 ) .

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 February 2024 10,068
Disposals (10,068 )
At 31 August 2024 -
DEPRECIATION
At 1 February 2024 3,463
Eliminated on disposal (3,463 )
At 31 August 2024 -
NET BOOK VALUE
At 31 August 2024 -
At 31 January 2024 6,605

ASM Storage Ltd (Registered number: 12406693)

Notes to the Financial Statements - continued
for the Period 1 February 2024 to 31 August 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
31.8.24 31.1.24
£    £   
Other debtors 243 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
31.8.24 31.1.24
£    £   
Taxation and social security 783 1,372
Other creditors 720 4,827
1,503 6,199

ASM Storage Ltd

Report of the Accountants to the Directors of
ASM Storage Ltd

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 period ended 31 August 2024 set out on pages two to five 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.






AC TAX SERVICES
144 Mackie Avenue
Brighton
East Sussex
BN1 8SB


15 November 2024