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REGISTERED NUMBER: 11164295 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 June 2024

for

ECKINGTON SELF STORAGE LIMITED

ECKINGTON SELF STORAGE LIMITED (REGISTERED NUMBER: 11164295)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ECKINGTON SELF STORAGE LIMITED

Company Information
for the Year Ended 30 June 2024







DIRECTORS: N Broomhead
Ms A Mitchell





REGISTERED OFFICE: Littlemoor Business Centre
Eckington
Sheffield
United Kingdom
S21 4EF





REGISTERED NUMBER: 11164295 (England and Wales)





ACCOUNTANTS: S Burgess & Co Ltd
11 Slayleigh Avenue
Sheffield
South Yorkshire
S10 3RA

ECKINGTON SELF STORAGE LIMITED (REGISTERED NUMBER: 11164295)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 76,337 76,265

CURRENT ASSETS
Debtors 5 130,733 81,447
Cash at bank and in hand 90,625 70,908
221,358 152,355
CREDITORS
Amounts falling due within one year 6 268,072 184,165
NET CURRENT LIABILITIES (46,714 ) (31,810 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

29,623

44,455

PROVISIONS FOR LIABILITIES 8 7,257 7,991
NET ASSETS 22,366 36,464

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 22,364 36,462
SHAREHOLDERS' FUNDS 22,366 36,464

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

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

ECKINGTON SELF STORAGE LIMITED (REGISTERED NUMBER: 11164295)

Balance Sheet - continued
30 June 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 27 January 2025 and were signed on its behalf by:




N Broomhead - Director



Ms A Mitchell - Director


ECKINGTON SELF STORAGE LIMITED (REGISTERED NUMBER: 11164295)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Eckington Self Storage 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 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 significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Turnover
Turnover represents the net invoiced value of storage space, excluding value added tax. Turnover is recognised for the length of time the storage space is used in each accounting period.

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 - 20% on reducing balance
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance

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.

ECKINGTON SELF STORAGE LIMITED (REGISTERED NUMBER: 11164295)

Notes to the Financial Statements - continued
for the Year Ended 30 June 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Debtors and creditors due within one year
Debtors and creditors with no stated interest rate, which are due within one year, are stated at the transaction price. Any losses arising from impairment are recognised in the statement of comprehensive income within administrative expenses.

Impairment
At each balance sheet date, assets are reviewed to determine whether there is any indication that any of the individual assets have suffered an impairment. If such indication exists, the recoverable amount of the asset, or the assets cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in the statement of comprehensive income.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 July 2023 38,004 50,160 22,702 22,618 133,484
Additions 13,084 - 4,803 - 17,887
At 30 June 2024 51,088 50,160 27,505 22,618 151,371
DEPRECIATION
At 1 July 2023 19,174 17,137 11,012 9,896 57,219
Charge for year 6,383 4,953 3,299 3,180 17,815
At 30 June 2024 25,557 22,090 14,311 13,076 75,034
NET BOOK VALUE
At 30 June 2024 25,531 28,070 13,194 9,542 76,337
At 30 June 2023 18,830 33,023 11,690 12,722 76,265

ECKINGTON SELF STORAGE LIMITED (REGISTERED NUMBER: 11164295)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 126,933 73,826
Other debtors 40 -
Prepayments 3,760 7,621
130,733 81,447

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade creditors 200,565 135,479
Corporation tax 7,422 9,848
Social security and other taxes 16,384 2,093
VAT 7,875 8,708
Other creditors 26,574 17,531
Directors' current accounts - 2,008
Accruals and deferred income 9,252 8,498
268,072 184,165

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
30.6.24 30.6.23
£    £   
Within one year 13,588 13,588

8. PROVISIONS FOR LIABILITIES
30.6.24 30.6.23
£    £   
Deferred tax 7,257 7,991

Deferred
tax
£   
Balance at 1 July 2023 7,991
Accelerated capital allowances (734 )
Balance at 30 June 2024 7,257

ECKINGTON SELF STORAGE LIMITED (REGISTERED NUMBER: 11164295)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
2 Ordinary £1 2 2

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

On 2 January 2024, N Broomhead director's current account became overdrawn. The maximum balance the director's current account was overdrawn during the year was £5,766. The director's current account was repaid to the company by a dividend declaration on 30 April 2024. No interest was charged by the company on the director's overdrawn current account.

On 2 January 2024, Ms A Mitchell director's current account became overdrawn. The maximum balance the director's current account was overdrawn during the year was £5,766. The director's current account was repaid to the company by a dividend declaration on 30 April 2024. No interest was charged by the company on the director's overdrawn current account.