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REGISTERED NUMBER: 02696057 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

MAKE SPACE SELF STORAGE LIMITED

MAKE SPACE SELF STORAGE LIMITED (REGISTERED NUMBER: 02696057)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MAKE SPACE SELF STORAGE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTOR: M A Williams





REGISTERED OFFICE: Westbury Badgers Holt
Storrington
Pulborough
West Sussex
RH20 3ET





REGISTERED NUMBER: 02696057 (England and Wales)





ACCOUNTANTS: Crowe U.K. LLP
2nd Floor
Medway Bridge House
1-8 Fairmeadow
Maidstone
Kent
ME14 1JP

MAKE SPACE SELF STORAGE LIMITED (REGISTERED NUMBER: 02696057)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,671,039 2,745,994
Investments 5 1,002 1,002
2,672,041 2,746,996

CURRENT ASSETS
Debtors 6 896,189 792,942
Cash at bank 52 52
896,241 792,994
CREDITORS
Amounts falling due within one year 7 3,366,125 3,364,128
NET CURRENT LIABILITIES (2,469,884 ) (2,571,134 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

202,157

175,862

PROVISIONS FOR LIABILITIES 12,058 12,397
NET ASSETS 190,099 163,465

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 189,999 163,365
SHAREHOLDERS' FUNDS 190,099 163,465

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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.

MAKE SPACE SELF STORAGE LIMITED (REGISTERED NUMBER: 02696057)

BALANCE SHEET - continued
31 DECEMBER 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 June 2025 and were signed by:





M A Williams - Director


MAKE SPACE SELF STORAGE LIMITED (REGISTERED NUMBER: 02696057)

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


1. STATUTORY INFORMATION

Make Space 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.

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.

Going concern
Accounting standards require the directors to consider the appropriateness of the going concern basis when preparing the financial statements. The director confirms that they consider that the going concern basis remains appropriate. The directors believe that the company has sufficient resources to continue in operational existence for the foreseeable future. The directors believe this to be the case as the company has positive reserves, cash balances and no significant long term liabilities.

Having regard to the above, the directors believe it appropriate to adopt the going concern basis of accounting in preparing the financial statements.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

The tax expense represents the sum of the tax currently payable or receivable and deferred tax.

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.

Investments
Investments held as fixed assets are shown at cost less provision for impairment.

MAKE SPACE SELF STORAGE LIMITED (REGISTERED NUMBER: 02696057)

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


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Freehold
property
£   
Cost
At 1 January 2024
and 31 December 2024 3,747,741
Depreciation
At 1 January 2024 1,001,747
Charge for year 74,955
At 31 December 2024 1,076,702
Net book value
At 31 December 2024 2,671,039
At 31 December 2023 2,745,994

5. FIXED ASSET INVESTMENTS
Other
investments
£   
Cost
At 1 January 2024
and 31 December 2024 1,002
Net book value
At 31 December 2024 1,002
At 31 December 2023 1,002

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 896,189 792,942

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to group undertakings 3,332,375 3,332,375
Taxation and social security 33,750 31,753
3,366,125 3,364,128