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REGISTERED NUMBER: 11951092 (England and Wales)















Report of the Director and

Unaudited Financial Statements for the Year Ended 30 April 2024

for

Prestige Storage Ltd

Prestige Storage Ltd (Registered number: 11951092)






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




Page

Company Information 1

Report of the Director 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


Prestige Storage Ltd

Company Information
for the Year Ended 30 April 2024







DIRECTOR: Mrs E Fernback





REGISTERED OFFICE: The Beechwood Centre
40 Lower Gravel Rd
Bromley
Kent
BR2 8GP





REGISTERED NUMBER: 11951092 (England and Wales)






Prestige Storage Ltd (Registered number: 11951092)

Report of the Director
for the Year Ended 30 April 2024

The director presents her report with the financial statements of the company for the year ended 30 April 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of rental of storage facilities and similar.

DIRECTOR
Mrs E Fernback held office during the whole of the period from 1 May 2023 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Mrs E Fernback - Director


6 January 2025

Prestige Storage Ltd (Registered number: 11951092)

Income Statement
for the Year Ended 30 April 2024

30.4.24 30.4.23
Notes £    £   

TURNOVER 17,986 28,673

Cost of sales 1,863 5,189
GROSS PROFIT 16,123 23,484

Administrative expenses 6,077 7,466
OPERATING PROFIT and
PROFIT BEFORE TAXATION 10,046 16,018

Tax on profit 2,894 5,916
PROFIT FOR THE FINANCIAL YEAR 7,152 10,102

Prestige Storage Ltd (Registered number: 11951092)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 206,575 211,759

CURRENT ASSETS
Debtors 6 - 64
Cash at bank 84,428 61,407
84,428 61,471
CREDITORS
Amounts falling due within one year 7 54,344 43,723
NET CURRENT ASSETS 30,084 17,748
TOTAL ASSETS LESS CURRENT
LIABILITIES

236,659

229,507

CREDITORS
Amounts falling due after more than one
year

8

259,038

187,038
NET (LIABILITIES)/ASSETS (22,379 ) 42,469

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (22,380 ) 42,468
(22,379 ) 42,469

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 director acknowledges her 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 6 January 2025 and were signed by:




Mrs E Fernback - Director


Prestige Storage Ltd (Registered number: 11951092)

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

1. STATUTORY INFORMATION

Prestige 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.

3. EMPLOYEES AND DIRECTORS

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

4. OPERATING PROFIT

The operating profit is stated after charging:

30.4.24 30.4.23
£    £   
Depreciation - owned assets 5,184 6,480

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 May 2023
and 30 April 2024 185,839 34,200 220,039
DEPRECIATION
At 1 May 2023 - 8,280 8,280
Charge for year - 5,184 5,184
At 30 April 2024 - 13,464 13,464
NET BOOK VALUE
At 30 April 2024 185,839 20,736 206,575
At 30 April 2023 185,839 25,920 211,759

Prestige Storage Ltd (Registered number: 11951092)

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

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Other debtors - 64

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors 10,599 10,600
Taxation and social security 8,812 -
Other creditors 34,933 33,123
54,344 43,723

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Other creditors 259,038 187,038

9. RELATED PARTY DISCLOSURES

At the year end the company was owing the following amounts, to/from other group entities

2024 2023
Kingsway Furniture London Ltd 25,200 25,200
Centaur Financing Ltd 187,038 187,038
Ewa Fernback 72,000 -