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Storamove Ltd
Annual Report and Unaudited Financial Statements
for the Year Ended 30 September 2025
Registration number: 05923008

Storamove Ltd

Contents

Statement of financial position | 1 to 2
Notes to the Unaudited Financial Statements | 3 to 7

Storamove Ltd

(Registration number: 05923008)
Statement of financial position as at 30 September 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 77,796 | 105,852
Current assets |  |  |
Stocks | 5 | 1,618 | 3,489
Debtors | 6 | 21,421 | 50,014
Cash at bank and in hand |  | 201,632 | 145,646
|  | 224,671 | 199,149
Creditors: Amounts falling due within one year | 7 | (85,167) | (65,265)
Net current assets |  | 139,504 | 133,884
Total assets less current liabilities |  | 217,300 | 239,736
Creditors: Amounts falling due after more than one year | 7 | (15,975) | (37,275)
Net assets |  | 201,325 | 202,461
Capital and reserves |  |  |
Called up share capital | 8 | 100 | 100
Retained earnings |  | 201,225 | 202,361
Shareholders' funds |  | 201,325 | 202,461

For the financial year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Income statement.

Storamove Ltd

(Registration number: 05923008)
Statement of financial position as at 30 September 2025

Approved and authorised by the director on 12 November 2025

......................................... Mr F R Palmer Director

Storamove Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is not recognised in respect of all timing differences that have originated but not reversed at the balance sheet date as these are considered immaterial.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Storamove Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Hardstanding | 10% on cost
Plant and Machinery | 25% on reducing balance
Fixtures and Fittings | 25% on reducing balance
Motor Vehicles | 25% on reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Storamove Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 4 (2024 - 4).

4 | Tangible assets

| Hardstanding £ | Fixtures and fittings £ | Plant and machinery £ | Motor vehicles £ | Total £
Cost or valuation
At 1 October 2024 | 21,250 | 26,651 | 73,937 | 113,900 | 235,738
At 30 September 2025 | 21,250 | 26,651 | 73,937 | 113,900 | 235,738
Depreciation
At 1 October 2024 | 19,125 | 15,649 | 66,637 | 28,475 | 129,886
Charge for the year | 2,125 | 2,750 | 1,825 | 21,356 | 28,056
At 30 September 2025 | 21,250 | 18,399 | 68,462 | 49,831 | 157,942
Carrying amount
At 30 September 2025 | - | 8,252 | 5,475 | 64,069 | 77,796
At 30 September 2024 | 2,125 | 11,002 | 7,300 | 85,425 | 105,852

Storamove Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

5 | Stocks

| 2025 £ | 2024 £
Other inventories | 1,618 | 3,489

6 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 508 | 4,598
Prepayments | 20,000 | 20,000
Other debtors | 913 | 25,416
| 21,421 | 50,014

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 9 | 21,300 | 21,300
Trade creditors |  | 27,928 | 30,888
Taxation and social security |  | 20,088 | 10,777
Accruals and deferred income |  | 15,851 | 2,300
|  | 85,167 | 65,265

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 9 | 15,975 | 37,275

Storamove Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

8 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary of £1 each | 100 | 100 | 100 | 100

9 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Hire purchase contracts | 15,975 | 37,275

Current loans and borrowings

| 2025 £ | 2024 £
Hire purchase contracts | 21,300 | 21,300

10 | Obligations under leases and hire purchase contracts

Operating leases

The total of future minimum lease payments is as follows:

| 2025 £ | 2024 £
Within one year | 80,000 | 80,000
| 80,000 | 80,000