REGISTERED NUMBER: 07276824 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Rhondda Self Storage Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Director:

K Fletcher

Secretary:

Registered office:

Taff Tyres

Dinas Rd

Tonypandy

CF40 1JQ

Registered number:

07276824 (England and Wales)

Accountants:

Curtis Bowden & Thomas Limited

Chartered Certified Accountants

101 Dunraven Street

Tonypandy

CF40 1AR

Fixed assets

Tangible assets

4

541,033

419,740

Current assets

Debtors

5

22,152

15,819

Cash at bank

81,503

56,672

103,655

72,491

Creditors

Amounts falling due within one year

6

418,188

298,897

Net current liabilities

(314,533

)

(226,406

)

Total assets less current liabilities

226,500

193,334

Creditors

Amounts falling due after more than one year

7

(533

)

(5,533

)

Provisions for liabilities

(9,174

)

(18,984

)

Net assets

216,793

168,817

Capital and reserves

Called up share capital

1

1

Retained earnings

216,792

168,816

Shareholders' funds

216,793

168,817

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

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

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 19 September 2025 and were signed by:

K Fletcher - Director

1.	Statutory information

Rhondda 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.

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.

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.

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.

3.	Employees and directors

The average number of employees during the year was 2 (2024 - 2 ) .

4.	Tangible fixed assets

Improvements

Freehold

to

Plant and

property

property

machinery

£

£

£

Cost

At 1 April 2024

-

168,360

465,267

Additions

156,291

9,400

30,067

At 31 March 2025

156,291

177,760

495,334

Depreciation

At 1 April 2024

-

10,068

206,033

Charge for year

-

3,375

70,332

At 31 March 2025

-

13,443

276,365

Net book value

At 31 March 2025

156,291

164,317

218,969

At 31 March 2024

-

158,292

259,234

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

Cost

At 1 April 2024

1,652

3,612

638,891

Additions

-

-

195,758

At 31 March 2025

1,652

3,612

834,649

Depreciation

At 1 April 2024

183

2,867

219,151

Charge for year

367

391

74,465

At 31 March 2025

550

3,258

293,616

Net book value

At 31 March 2025

1,102

354

541,033

At 31 March 2024

1,469

745

419,740

5.

Debtors: amounts falling due within one year

31.3.25

31.3.24

£

£

Trade debtors

2,000

-

Other debtors

20,152

15,819

22,152

15,819

6.

Creditors: amounts falling due within one year

31.3.25

31.3.24

£

£

Bank loans and overdrafts

5,300

5,300

Payments on account

27,857

17,832

Trade creditors

11,965

1,359

Taxation and social security

43,485

11,166

Other creditors

329,581

263,240

418,188

298,897

7.

Creditors: amounts falling due after more than one year

31.3.25

31.3.24

£

£

Bank loans

533

5,533

8.	Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

K Fletcher

Balance outstanding at start of year

(26

)

(2,183

)

Amounts advanced

57,000

55,889

Amounts repaid

(50,038

)

(53,732

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

6,936

(26

)

The overdrawn balance on the director's loan account was repaid 16 April 2025.

9.	Related party disclosures

10.	Ultimate controlling party

The controlling party is K Fletcher.

The ultimate controlling party is K Fletcher.