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REGISTERED NUMBER: 13804078 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

COUNTRYWIDE STORAGE BROMSGROVE LIMITED

COUNTRYWIDE STORAGE BROMSGROVE LIMITED (REGISTERED NUMBER: 13804078)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


COUNTRYWIDE STORAGE BROMSGROVE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: Mr F J Crichton-Stuart
Mr N R A Grant





REGISTERED OFFICE: C/O Wigwam Storage
Banbury Road
CHIPPING NORTON
Oxfordshire
OX7 5TE





REGISTERED NUMBER: 13804078 (England and Wales)





ACCOUNTANTS: Bronsens
Chartered Certified Accountants
Hillside
Albion Street
Chipping Norton
Oxfordshire
OX7 5BH

COUNTRYWIDE STORAGE BROMSGROVE LIMITED (REGISTERED NUMBER: 13804078)

BALANCE SHEET
30 APRIL 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 446,606 463,393

CURRENT ASSETS
Debtors 5 136,459 43,822
Cash at bank 33,889 88,274
170,348 132,096
CREDITORS
Amounts falling due within one year 6 706,447 678,290
NET CURRENT LIABILITIES (536,099 ) (546,194 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(89,493

)

(82,801

)

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 (89,593 ) (82,901 )
SHAREHOLDERS' FUNDS (89,493 ) (82,801 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

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 20 December 2024 and were signed on its behalf by:





Mr N R A Grant - Director


COUNTRYWIDE STORAGE BROMSGROVE LIMITED (REGISTERED NUMBER: 13804078)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

Countrywide Storage Bromsgrove 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 on a going concern basis on the understanding that the company has received assurances of support from its parent company. The parent company has confirmed that it will not seek repayment of its loan in preference to other creditors.

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.
Improvements to property - Straight line over 30 years
Plant and machinery - 25% on reducing balance, Straight line over 20 years and Straight line over 30 years

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.

3. EMPLOYEES AND DIRECTORS

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

COUNTRYWIDE STORAGE BROMSGROVE LIMITED (REGISTERED NUMBER: 13804078)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and
property machinery Totals
£    £    £   
COST
At 1 May 2023
and 30 April 2024 405,872 69,874 475,746
DEPRECIATION
At 1 May 2023 8,970 3,383 12,353
Charge for year 13,529 3,258 16,787
At 30 April 2024 22,499 6,641 29,140
NET BOOK VALUE
At 30 April 2024 383,373 63,233 446,606
At 30 April 2023 396,902 66,491 463,393

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Rent deposit 30,000 30,000
VAT - 2,547
Deferred tax asset
Tax losses carried forward 91,918 -
Prepayments 14,541 11,275
136,459 43,822

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors 2,303 5,700
Amounts owed to group undertakings 617,362 643,995
VAT 11,009 -
Customer deposits 8,395 6,262
Deferred income 13,033 4,116
Accrued expenses 54,345 18,217
706,447 678,290

7. DEFERRED TAX
£   
Deferred tax on losses (91,918 )
Balance at 30 April 2024 (91,918 )

COUNTRYWIDE STORAGE BROMSGROVE LIMITED (REGISTERED NUMBER: 13804078)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
50 Ordinary A £1 50 50
50 Ordinary B £1 50 50
100 100

9. RESERVES
Retained
earnings
£   

At 1 May 2023 (82,901 )
Deficit for the year (6,692 )
At 30 April 2024 (89,593 )