Storer (Coventry) Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 00370541

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	4		1,000,000		1,000,000

			1,000,000		1,000,000
CURRENT ASSETS
Debtors	5	2,179,550		2,179,550
Cash at bank and in hand		523,692		523,692

		2,703,242		2,703,242
Creditors: Amounts Falling Due Within One Year	6	(293,798 )		(293,799 )

NET CURRENT ASSETS (LIABILITIES)			2,409,444		2,409,443

TOTAL ASSETS LESS CURRENT LIABILITIES			3,409,444		3,409,443

Creditors: Amounts Falling Due After More Than One Year	7		(1,855,002 )		(1,855,002 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(52,923 )		(52,923 )

NET ASSETS			1,501,519		1,501,518

CAPITAL AND RESERVES
Called up share capital	8		7,500		7,500
Revaluation reserve	10		429,774		429,774
Profit and Loss Account			1,064,245		1,064,244

SHAREHOLDERS' FUNDS			1,501,519		1,501,518

Page 1

Page 2

Storer (Coventry) Limited

Balance Sheet (continued)

As At 30 June 2024

For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Michael Storer

Director

24/09/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Storer (Coventry) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00370541 . The registered office is Herston Cross House, 230 High Street, Swanage, Dorset, BH19 2PQ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: (2023: 2)

4. Investment Property

	2024
	£
Fair Value
As at 1 July 2023 and 30 June 2024	1,000,000

5. Debtors

	2024	2023
	£	£
Due within one year
Prepayments and accrued income	124	124
Directors' loan accounts	223	223

	347	347
Due after more than one year
Amounts owed by other participating interests	2,179,203	2,179,203

	2,179,550	2,179,550

Page 3

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Storer (Coventry) Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2024

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	-	1
Other creditors	1,021	1,021
Directors' loan accounts	292,777	292,777

	293,798	293,799

7. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Bank loans	1,855,002	1,855,002

8. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	7,500	7,500

9. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

The above loan is unsecured, interest free and repayable on demand.

10. Reserves

	Revaluation Reserve
	£
As at 1 July 2023	429,774

As at 30 June 2024	429,774