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REGISTERED NUMBER: 10820520 (England and Wales)















SLAITHWAITE SELF STORAGE LTD

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024






SLAITHWAITE SELF STORAGE LTD (REGISTERED NUMBER: 10820520)

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


SLAITHWAITE SELF STORAGE LTD

COMPANY INFORMATION
for the year ended 30 June 2024







DIRECTORS: S P Cashman
Mrs C Cashman





REGISTERED OFFICE: 2 Calf Hey Nabbs Lane
Slaithwaite
Huddersfield
United Kingdom
West Yorkshire
HD7 5AU





REGISTERED NUMBER: 10820520 (England and Wales)





ACCOUNTANTS: SMH Sheards
Vernon House
40 New North Road
Huddersfield
West Yorkshire
HD1 5LS

SLAITHWAITE SELF STORAGE LTD (REGISTERED NUMBER: 10820520)

BALANCE SHEET
30 June 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 7,517 19,926

CURRENT ASSETS
Debtors 5 1,500 5,763
Cash at bank 5,848 1,340
7,348 7,103
CREDITORS
Amounts falling due within one year 6 (6,171 ) (19,204 )
NET CURRENT ASSETS/(LIABILITIES) 1,177 (12,101 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,694

7,825

CREDITORS
Amounts falling due after more than one
year

7

(6,829

)

(8,218

)

PROVISIONS FOR LIABILITIES 9 (1,170 ) (360 )
NET ASSETS/(LIABILITIES) 695 (753 )

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 693 (755 )
SHAREHOLDERS' FUNDS 695 (753 )

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.

SLAITHWAITE SELF STORAGE LTD (REGISTERED NUMBER: 10820520)

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 28 March 2025 and were signed on its behalf by:





S P Cashman - Director


SLAITHWAITE SELF STORAGE LTD (REGISTERED NUMBER: 10820520)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 June 2024


1. STATUTORY INFORMATION

Slaithwaite 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents the invoiced value of sales net of value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

Financial instruments
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

Basic financial assets, which include trade and other debtors, and cash and bank balances, are initially measured at transaction price including transaction costs.

Financial assets are assessed for indicators of impairment at each balance sheet date, with any impairment losses being recognised in profit or loss. If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed in profit or loss.

Financial liabilities are classified depending on the substance of the contractual arrangements entered into.

Basic financial liabilities, including bank loans, accruals and other creditors, are initially recognised at transaction price.

Financial assets and liabilities are derecognised when the company's contractual obligations are settled, cancelled or they expire.

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.


SLAITHWAITE SELF STORAGE LTD (REGISTERED NUMBER: 10820520)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 June 2024


2. ACCOUNTING POLICIES - continued
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.

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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 July 2023 23,156 22,999 799 46,954
Disposals - (22,999 ) - (22,999 )
At 30 June 2024 23,156 - 799 23,955
DEPRECIATION
At 1 July 2023 13,133 13,296 599 27,028
Charge for year 2,506 - 200 2,706
Eliminated on disposal - (13,296 ) - (13,296 )
At 30 June 2024 15,639 - 799 16,438
NET BOOK VALUE
At 30 June 2024 7,517 - - 7,517
At 30 June 2023 10,023 9,703 200 19,926

SLAITHWAITE SELF STORAGE LTD (REGISTERED NUMBER: 10820520)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 June 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 815 763
Other debtors 685 5,000
1,500 5,763

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 1,389 1,389
Taxation and social security 407 7,563
Other creditors 4,375 10,252
6,171 19,204

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 6,829 8,218

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans 1,273 2,662

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 8,218 9,607

The bank loan is secured by a Government backed initiative.

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 1,170 360

SLAITHWAITE SELF STORAGE LTD (REGISTERED NUMBER: 10820520)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 June 2024


9. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 July 2023 360
Charge to Income Statement during year 810
Balance at 30 June 2024 1,170

10. RELATED PARTY DISCLOSURES

Loans owed to the director on an interest free basis of £3,569 (in 2023 £9,532 was owed by the director) were outstanding at the year end. The loan is repayable on demand.

.