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REGISTERED NUMBER: 12566292 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 APRIL 2024

FOR

H2H STORAGE SOLUTIONS LTD

H2H STORAGE SOLUTIONS LTD (REGISTERED NUMBER: 12566292)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


H2H STORAGE SOLUTIONS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 29 APRIL 2024







DIRECTOR: R J Mackay





REGISTERED OFFICE: Unit 1 Forge Works, Northampton Road
Weston-On-The-Green
Bicester
OX25 3AB





REGISTERED NUMBER: 12566292 (England and Wales)





ACCOUNTANTS: Jamesons Limited
Jamesons House
Compton Way
Witney
OX28 3AB

H2H STORAGE SOLUTIONS LTD (REGISTERED NUMBER: 12566292)

BALANCE SHEET
29 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 395,016 462,153

CURRENT ASSETS
Debtors 5 251,843 261,251
Cash at bank 102,501 102,995
354,344 364,246
CREDITORS
Amounts falling due within one year 6 437,440 366,993
NET CURRENT LIABILITIES (83,096 ) (2,747 )
TOTAL ASSETS LESS CURRENT LIABILITIES 311,920 459,406

CREDITORS
Amounts falling due after more than one
year

7

(32,229

)

(54,515

)

PROVISIONS FOR LIABILITIES (83,885 ) (74,607 )
NET ASSETS 195,806 330,284

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 195,804 330,282
SHAREHOLDERS' FUNDS 195,806 330,284

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

H2H STORAGE SOLUTIONS LTD (REGISTERED NUMBER: 12566292)

BALANCE SHEET - continued
29 APRIL 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 director and authorised for issue on 9 January 2025 and were signed by:





R J Mackay - Director


H2H STORAGE SOLUTIONS LTD (REGISTERED NUMBER: 12566292)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 APRIL 2024

1. STATUTORY INFORMATION

H2h Storage Solutions 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.

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.

The financial statements have been prepared on a going concern basis even though the company has net liabilities at 29 April 2024 of £83,096 (2023 : £2,747).

The validity of the going concern principle is dependent upon the continued support of the company's creditors.

If the company was unable to continue trading adjustments would have to be made to reduce the balance sheet values of assets to their recoverable amounts, provide for further liabilities that might arise and to reclassify fixed assets and long term liabilities as current assets and liabilities.

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 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.

H2H STORAGE SOLUTIONS LTD (REGISTERED NUMBER: 12566292)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 APRIL 2024

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 30 April 2023 13,205 574,085 587,290
Additions - 34,116 34,116
At 29 April 2024 13,205 608,201 621,406
DEPRECIATION
At 30 April 2023 2,698 122,439 125,137
Charge for year 1,321 99,932 101,253
At 29 April 2024 4,019 222,371 226,390
NET BOOK VALUE
At 29 April 2024 9,186 385,830 395,016
At 29 April 2023 10,507 451,646 462,153

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 99,411 76,645
Other debtors 152,432 184,606
251,843 261,251

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts (see note 8) 20,440 19,910
Trade creditors 109,474 92,315
Taxation and social security 80,851 25,924
Other creditors 226,675 228,844
437,440 366,993

H2H STORAGE SOLUTIONS LTD (REGISTERED NUMBER: 12566292)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 APRIL 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts (see note 8) 32,229 54,515

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2024 2023
£    £   
Net obligations repayable:
Within one year 20,440 19,910
Between one and five years 32,229 54,515
52,669 74,425

Non-cancellable operating leases
2024 2023
£    £   
Within one year 192,375 192,375
Between one and five years 329,387 489,654
In more than five years 32,110 64,220
553,872 746,249

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary £1 2 2

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors' subsisted during the periods ended 29 April 2024 and
29 April 2023:

20242023
££

Balance outstanding at start of year34,491-
Amounts advanced-81,235
Amounts repaid(34,491)(46,744)
Amounts written off--
Amounts waived--
Balance outstanding at end of the year-34,491

The advances were interest free, unsecured and repayable on demand.