REGISTERED NUMBER: 04372984 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

CSM STORAGE & ARCHIVES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr N P Morton

Miss L M Morton

Mr L Harris

SECRETARY:

Mr N P Morton

REGISTERED OFFICE:

Plot 1 Thurrock Wharf

Oliver Close

West Thurrock

Grays

Essex

RM20 3RR

REGISTERED NUMBER:

04372984 (England and Wales)

ACCOUNTANTS:

THP Limited

Chartered Accountants

Waterhouse Business Centre

Unit 53

2 Cromar Way

Chelmsford

Essex

CM1 2QE

FIXED ASSETS

Tangible assets

4

69,026

34,363

CURRENT ASSETS

Debtors

5

33,116

5,070

Cash at bank

311,003

308,094

344,119

313,164

CREDITORS

Amounts falling due within one year

6

65,181

67,340

NET CURRENT ASSETS

278,938

245,824

TOTAL ASSETS LESS CURRENT LIABILITIES

347,964

280,187

CREDITORS

Amounts falling due after more than one year

7

(49,465

)

(59,358

)

PROVISIONS FOR LIABILITIES

(17,256

)

(8,590

)

NET ASSETS

281,243

212,239

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

280,243

211,239

SHAREHOLDERS' FUNDS

281,243

212,239

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 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.

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 31 July 2025 and were signed on its behalf by:

Mr N P Morton - Director

1.	STATUTORY INFORMATION

Csm Storage & Archives 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.

Going concern

The financial statements are prepared on the going concern basis, which assumes the ability of the company to continue its activities for the foreseeable future, being a period of not less than twelve months from the approval of these accounts.

The directors, having considered all the information available, are confident that the company has adequate reserves and resources to continue its operational activities for the foreseeable future. Accordingly, the directors are satisfied that the going concern basis continues to be appropriate for the preparation of the annual financial statements.

Revenue recognition

Revenue is measured at the fair value of the consideration received or receivable and represents the amount receivable for services and goods supplied, net of returns, discounts and value added taxes.

Revenue is recognised based on the service delivery date of when goods and services are delivered to the customer, such that the risks and rewards of ownership have passed to them.

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

-

see below

Containers included in plant and machinery are depreciated over the 11 years of their useful economic life, all other plant and machinery is depreciated at 25% on cost.

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 3 (2023 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 January 2024

469,260

Additions

41,250

At 31 December 2024

510,510

DEPRECIATION

At 1 January 2024

434,897

Charge for year

6,587

At 31 December 2024

441,484

NET BOOK VALUE

At 31 December 2024

69,026

At 31 December 2023

34,363

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

25,054

2,250

Corporation tax recoverable

-

1,473

VAT

7,862

1,147

Prepayments and accrued income

200

200

33,116

5,070

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Corporation tax

13,805

13,536

Social security and other taxes

9,893

9,893

Amount due to related company

25,200

25,200

Directors' current accounts

12,500

15,500

Accrued expenses

3,783

3,211

65,181

67,340

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Social security and other taxes

49,465

59,358

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2024

2023

£

£

Within one year

240,000

-

Between one and five years

869,184

-

1,109,184

-

The company entered into a new tenancy agreement for Plot 1, Thurrock Wharf, Oliver Close, West Thurrock, Grays, with rental commitments until 1 July 2029.

9.	RELATED PARTY DISCLOSURES

CSM Haulage Contractors Limited

During the year CSM Haulage Contractors Limited, provided a loan to CSM Storage & Archives Limited, a company in which Mr C S Morton and Mr N P Morton are directors, totalling £25,200 ((2023: £25,200) on an interest free basis. The loan is repayable on demand.