UNITED STORAGE FACILITIES LTD

Company Registration Number:
13174316 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2024

Period of accounts

Start date: 1 March 2023

End date: 28 February 2024

UNITED STORAGE FACILITIES LTD

Contents of the Financial Statements

for the Period Ended 28 February 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

UNITED STORAGE FACILITIES LTD

Directors' report period ended 28 February 2024

The directors present their report with the financial statements of the company for the period ended 28 February 2024

Principal activities of the company

The company's principal activity during the year continued to be operation of warehousing and storage facilities for land transport activities.



Directors

The directors shown below have held office during the whole of the period from
1 March 2023 to 28 February 2024

R M P Dyer
G S Eastman


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
25 February 2025

And signed on behalf of the board by:
Name: R M P Dyer
Status: Director

UNITED STORAGE FACILITIES LTD

Profit And Loss Account

for the Period Ended 28 February 2024

2024 2023


£

£
Turnover: 42,980 85,041
Cost of sales: 0 ( 250 )
Gross profit(or loss): 42,980 84,791
Administrative expenses: ( 47,020 ) ( 101,362 )
Operating profit(or loss): (4,040) (16,571)
Interest receivable and similar income: 116 0
Interest payable and similar charges: ( 6,783 ) 0
Profit(or loss) before tax: (10,707) (16,571)
Profit(or loss) for the financial year: (10,707) (16,571)

UNITED STORAGE FACILITIES LTD

Balance sheet

As at 28 February 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 58,637 78,182
Total fixed assets: 58,637 78,182
Current assets
Debtors: 4 31,681 42,418
Cash at bank and in hand: 974 62
Total current assets: 32,655 42,480
Creditors: amounts falling due within one year: 5 ( 60,173 ) ( 62,530 )
Net current assets (liabilities): (27,518) (20,050)
Total assets less current liabilities: 31,119 58,132
Creditors: amounts falling due after more than one year: 6 ( 48,593 ) ( 64,899 )
Total net assets (liabilities): (17,474) (6,767)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (17,574 ) (6,867 )
Total Shareholders' funds: ( 17,474 ) (6,767)

The notes form part of these financial statements

UNITED STORAGE FACILITIES LTD

Balance sheet statements

For the year ending 28 February 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 25 February 2025
and signed on behalf of the board by:

Name: G S Eastman
Status: Director

The notes form part of these financial statements

UNITED STORAGE FACILITIES LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

UNITED STORAGE FACILITIES LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 1

UNITED STORAGE FACILITIES LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 March 2023 104,993 5,000 109,993
Additions
Disposals
Revaluations
Transfers
At 28 February 2024 104,993 5,000 109,993
Depreciation
At 1 March 2023 29,623 2,188 31,811
Charge for year 18,842 703 19,545
On disposals
Other adjustments
At 28 February 2024 48,465 2,891 51,356
Net book value
At 28 February 2024 56,528 2,109 58,637
At 28 February 2023 75,370 2,812 78,182

UNITED STORAGE FACILITIES LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

4. Debtors

2024 2023
£ £
Trade debtors 2,010 0
Other debtors 29,671 42,418
Total 31,681 42,418

UNITED STORAGE FACILITIES LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 1,975 311
Other creditors 58,198 62,219
Total 60,173 62,530

UNITED STORAGE FACILITIES LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

6. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Amounts due under finance leases and hire purchase contracts 48,593 64,899
Total 48,593 64,899

UNITED STORAGE FACILITIES LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

7. Loans to directors

Name of director receiving advance or credit: R M P Dyer
Description of the transaction:
Related party disclosure
£
Balance at 28 February 2023 30,877
Advances or credits made:
Advances or credits repaid: 2,010
Balance at 28 February 2024 28,867

Name of director receiving advance or credit: G S Eastman
Description of the transaction:
Related party disclosure
£
Balance at 28 February 2023 30,877
Advances or credits made:
Advances or credits repaid: 2,010
Balance at 28 February 2024 28,867