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REGISTERED NUMBER: 08896011 (England and Wales)





UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

M3JUNCTION7 SELF STORAGE LIMITED

M3JUNCTION7 SELF STORAGE LIMITED (REGISTERED NUMBER: 08896011)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


M3JUNCTION7 SELF STORAGE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2025







DIRECTOR: A J M Wickham





REGISTERED OFFICE: 25 St. Thomas Street
Winchester
Hampshire
SO23 9HJ





REGISTERED NUMBER: 08896011 (England and Wales)





ACCOUNTANTS: Martin and Company
25 St Thomas Street
Winchester
Hampshire
SO23 9HJ

M3JUNCTION7 SELF STORAGE LIMITED (REGISTERED NUMBER: 08896011)

BALANCE SHEET
31ST MARCH 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 926,542 928,998

CURRENT ASSETS
Debtors 5 12,613 20,415
Cash at bank 8,026 2,825
20,639 23,240
CREDITORS
Amounts falling due within one year 6 257,270 273,032
NET CURRENT LIABILITIES (236,631 ) (249,792 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

689,911

679,206

CREDITORS
Amounts falling due after more than one
year

7

(327,750

)

(400,000

)

PROVISIONS FOR LIABILITIES (166,889 ) (130,001 )
NET ASSETS 195,272 149,205

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 195,172 149,105
SHAREHOLDERS' FUNDS 195,272 149,205

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

M3JUNCTION7 SELF STORAGE LIMITED (REGISTERED NUMBER: 08896011)

BALANCE SHEET - continued
31ST MARCH 2025


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 director and authorised for issue on 16th June 2025 and were signed by:





A J M Wickham - Director


M3JUNCTION7 SELF STORAGE LIMITED (REGISTERED NUMBER: 08896011)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025


1. STATUTORY INFORMATION

M3Junction7 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.

The balance sheet shows that the company has net current liabilities of £236,631 (2024: £249,792). The director has indicated a clear awareness of the situation and believes that preparation of the accounts on a going concern basis is appropriate.

Turnover
Turnover represents net invoiced sales of goods and services, excluding 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.
Improvements to property - 10% straight line
Plant and machinery - 2% to 10% straight line
Fixtures and fittings - 15% 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - 1 ).

M3JUNCTION7 SELF STORAGE LIMITED (REGISTERED NUMBER: 08896011)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025


4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1st April 2024 241,034 903,522 3,911 26,594 1,175,061
Additions 31,650 5,424 1,893 50,000 88,967
Disposals - - - (26,594 ) (26,594 )
At 31st March 2025 272,684 908,946 5,804 50,000 1,237,434
DEPRECIATION
At 1st April 2024 55,026 168,037 1,782 21,218 246,063
Charge for year 26,230 46,816 501 12,500 86,047
Eliminated on disposal - - - (21,218 ) (21,218 )
At 31st March 2025 81,256 214,853 2,283 12,500 310,892
NET BOOK VALUE
At 31st March 2025 191,428 694,093 3,521 37,500 926,542
At 31st March 2024 186,008 735,485 2,129 5,376 928,998

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 7,759 9,332
Other debtors - 2,253
VAT - 4,452
Prepayments and accrued income 4,854 4,378
12,613 20,415

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Hire purchase contracts 9,000 -
Trade creditors 1,281 77,102
Amounts owed to group undertakings 69,294 54,328
VAT 12,332 -
Other creditors 586 10
Directors' current accounts 22,549 23,573
Accruals and deferred income 142,228 118,019
257,270 273,032

M3JUNCTION7 SELF STORAGE LIMITED (REGISTERED NUMBER: 08896011)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Hire purchase contracts 27,750 -
Directors' loan accounts 300,000 400,000
327,750 400,000

8. ULTIMATE CONTROLLING PARTY

The controlling party is North Waltham Business Centre Limited.