REGISTERED NUMBER: 11205626 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 October 2024

for

WS Storage Solutions Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

3,501,695

6,538,866

Investments

5

100

-

3,501,795

6,538,866

CURRENT ASSETS

Debtors

6

4,712,648

583,174

Cash at bank

410,904

232,798

5,123,552

815,972

CREDITORS

Amounts falling due within one year

7

(5,013,870

)

(5,248,080

)

NET CURRENT ASSETS/(LIABILITIES)

109,682

(4,432,108

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,611,477

2,106,758

PROVISIONS FOR LIABILITIES

(1,095

)

(946,217

)

NET ASSETS

3,610,382

1,160,541

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

3,610,282

1,160,441

3,610,382

1,160,541

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

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

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 27 October 2025 and were signed by:

Mr W Stobart - Director

1.	STATUTORY INFORMATION

WS Storage Solutions Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

11205626

Registered office:

Oakfield Manor Farm

Chelford Lane

Over Peover

Knutsford

Cheshire

WA16 8UQ

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, net of VAT and trade discounts.

When the outcome of a transaction can be estimated reliably, turnover from services is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to finalisation of work completed.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Leasehold property

-

Over the period of the lease

Plant and machinery

-

20% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at 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.

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 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Leasehold

Plant and

property

property

machinery

Totals

£

£

£

£

COST

At 1 November 2023

2,337,194

509,087

3,954,304

6,800,585

Additions

1,161,465

-

219,869

1,381,334

Disposals

-

(509,087

)

(4,127,291

)

(4,636,378

)

At 31 October 2024

3,498,659

-

46,882

3,545,541

DEPRECIATION

At 1 November 2023

-

36,060

225,659

261,719

Charge for year

-

25,455

151,627

177,082

Eliminated on disposal

-

(61,515

)

(333,440

)

(394,955

)

At 31 October 2024

-

-

43,846

43,846

NET BOOK VALUE

At 31 October 2024

3,498,659

-

3,036

3,501,695

At 31 October 2023

2,337,194

473,027

3,728,645

6,538,866

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

Additions

100

At 31 October 2024

100

NET BOOK VALUE

At 31 October 2024

100

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.24

31.10.23

£

£

Trade debtors

49,424

157,363

Amounts owed by group undertakings

4,646,422

-

Other debtors

16,802

425,811

4,712,648

583,174

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.24

31.10.23

£

£

Trade creditors

55,147

11,254

Taxation and social security

620,997

-

Other creditors

4,337,726

5,236,826

5,013,870

5,248,080

8.	RELATED PARTY DISCLOSURES

During the year the company transferred assets to the value of £4,241,422 to WSSS Holdings Limited who is a subsidiary.