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REGISTERED NUMBER: 04034987 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

ADMIRAL SELF STORAGE LIMITED

ADMIRAL SELF STORAGE LIMITED (REGISTERED NUMBER: 04034987)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


ADMIRAL SELF STORAGE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: M Doyle
J Doyle





SECRETARY: J Doyle





REGISTERED OFFICE: Unit 4
Maple Leaf Industrial Estate
Bloxwich Lane
Walsall
West Midlands
WS2 8TF





REGISTERED NUMBER: 04034987 (England and Wales)





ACCOUNTANTS: Crombies Accountants Limited
Chartered Accountants
34 Waterloo Road
Wolverhampton
West Midlands
WV1 4DG

ADMIRAL SELF STORAGE LIMITED (REGISTERED NUMBER: 04034987)

STATEMENT OF FINANCIAL POSITION
31 JULY 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 98,499 97,040
Investments 5 52,600 72,990
151,099 170,030

CURRENT ASSETS
Debtors 6 2,233,008 2,164,958
Cash at bank and in hand 406,800 454,816
2,639,808 2,619,774
CREDITORS
Amounts falling due within one year 7 2,222,727 2,255,506
NET CURRENT ASSETS 417,081 364,268
TOTAL ASSETS LESS CURRENT
LIABILITIES

568,180

534,298

CREDITORS
Amounts falling due after more than one
year

8

19,253

29,253
NET ASSETS 548,927 505,045

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 548,925 505,043
SHAREHOLDERS' FUNDS 548,927 505,045

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

ADMIRAL SELF STORAGE LIMITED (REGISTERED NUMBER: 04034987)

STATEMENT OF FINANCIAL POSITION - continued
31 JULY 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 April 2025 and were signed on its behalf by:





J Doyle - Director


ADMIRAL SELF STORAGE LIMITED (REGISTERED NUMBER: 04034987)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1. STATUTORY INFORMATION

Admiral 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.

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 as modified by the revaluation of certain assets.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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.
Plant and machinery etc - 25% on cost and 15% 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

Fixed asset investments
Listed investments are stated at market value, where this value is difficult to determine the value will be adjusted to reflect cost.

ADMIRAL SELF STORAGE LIMITED (REGISTERED NUMBER: 04034987)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2023 - 11 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023 1,000,591
Additions 18,840
At 31 July 2024 1,019,431
DEPRECIATION
At 1 August 2023 903,551
Charge for year 17,381
At 31 July 2024 920,932
NET BOOK VALUE
At 31 July 2024 98,499
At 31 July 2023 97,040

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 August 2023 72,990
Revaluations (20,390 )
At 31 July 2024 52,600
NET BOOK VALUE
At 31 July 2024 52,600
At 31 July 2023 72,990

ADMIRAL SELF STORAGE LIMITED (REGISTERED NUMBER: 04034987)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024

5. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 31 July 2024 is represented by:

Other
investments
£   
Valuation in 2015 (25,241 )
Valuation in 2016 (31,550 )
Valuation in 2017 27,625
Valuation in 2018 26,514
Valuation in 2019 2,652
Valuation in 2021 (23,805 )
Valuation in 2022 (34,147 )
Valuation in 2023 (29,423 )
Valuation in 2024 (20,390 )
Cost 160,365
52,600

Fixed asset investments have been valued at cost this year.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 68,179 47,587
Amounts owed by group undertakings 1,986,605 1,986,505
Other debtors 178,224 130,866
2,233,008 2,164,958

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 32,859 24,160
Amounts owed to group undertakings 1,865,310 1,837,464
Taxation and social security 102,867 118,223
Other creditors 221,691 275,659
2,222,727 2,255,506

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 19,253 29,253

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary £1 2 2