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REGISTERED NUMBER: 12904890 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Surrey Self Storage Ltd

Surrey Self Storage Ltd (Registered number: 12904890)






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


Surrey Self Storage Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mrs J E Carson
C J Carson





REGISTERED OFFICE: The Old Stables
Sutton Manor Farm
Bishop's Sutton
Alresford
Hampshire
SO24 0AA





REGISTERED NUMBER: 12904890 (England and Wales)





ACCOUNTANTS: Butler & Co Alresford Limited
Chartered Accountants
The Old Stables
Sutton Manor Farm
Bishops Sutton
Alresford
Hampshire
SO24 0AA

Surrey Self Storage Ltd (Registered number: 12904890)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 232,200 103,855

CURRENT ASSETS
Cash at bank 6,662 6,107

CREDITORS
Amounts falling due within one year 5 118,340 68,221
NET CURRENT LIABILITIES (111,678 ) (62,114 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

120,522

41,741

CREDITORS
Amounts falling due after more than one
year

6

(79,936

)

-

PROVISIONS FOR LIABILITIES 7 (13,833 ) (13,508 )
NET ASSETS 26,753 28,233

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 26,752 28,232
SHAREHOLDERS' FUNDS 26,753 28,233

Surrey Self Storage Ltd (Registered number: 12904890)

Balance Sheet - continued
31 March 2024


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.

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 8 January 2025 and were signed on its behalf by:





C J Carson - Director


Surrey Self Storage Ltd (Registered number: 12904890)

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

1. STATUTORY INFORMATION

Surrey Self 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 consideration received or receivable, excluding discounts, rebates 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 - 15% reducing balance basis
Plant and machinery - 20% reducing balance basis

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.

3. EMPLOYEES

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

Surrey Self Storage Ltd (Registered number: 12904890)

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

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and Motor
property machinery vehicles Totals
£    £    £    £   
COST
At 1 April 2023 33,734 109,990 - 143,724
Additions 29,090 40,000 113,850 182,940
At 31 March 2024 62,824 149,990 113,850 326,664
DEPRECIATION
At 1 April 2023 7,533 32,336 - 39,869
Charge for year 8,294 18,531 27,770 54,595
At 31 March 2024 15,827 50,867 27,770 94,464
NET BOOK VALUE
At 31 March 2024 46,997 99,123 86,080 232,200
At 31 March 2023 26,201 77,654 - 103,855

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 11,990 -
Corporation tax 1,137 986
Other creditors 49,679 51,000
Director's current account 54,334 15,185
Accrued expenses 1,200 1,050
118,340 68,221

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 79,936 -

7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax
Accelerated capital allowances 13,833 13,508

Deferred
tax
£   
Balance at 1 April 2023 13,508
Accelerated capital allowances 325
Balance at 31 March 2024 13,833

Surrey Self Storage Ltd (Registered number: 12904890)

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

8. CALLED UP SHARE CAPITAL

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

9. RELATED PARTY DISCLOSURES

The directors maintain loan accounts with the company. At the year end the company owed them £54,334 (2023 - £15,185).

10. ULTIMATE CONTROLLING PARTY

During the period under review the company was under the control of Mrs J E Carson.