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COMPANY REGISTRATION NUMBER: 07944851

Create Storage Limited

Filleted Unaudited Financial Statements

31 December 2024

Create Storage Limited

Financial Statements

Year ended 31 December 2024

Contents | Page

Statement of financial position | 1

Notes to the financial statements | 3

Create Storage Limited

Statement of Financial Position

31 December 2024

| 2024 | 2023
Note | £ | £ | £

Fixed assets

Tangible assets | 5 |  | 18,999 | 22,901

Current assets

Debtors | 6 | 19,636 |  | 97,948
Cash at bank and in hand | 114,819 |  | 5,171
| --------- |  | ---------
| 134,455 |  | 103,119

Creditors: amounts falling due within one year | 7 | 57,980 |  | 47,952
| --------- |  | ---------
Net current assets |  | 76,475 | 55,167
|  | -------- | --------
Total assets less current liabilities |  | 95,474 | 78,068

Provisions

Taxation including deferred tax |  | 364 | 757
|  | -------- | --------
Net assets |  | 95,110 | 77,311
|  | -------- | --------

Create Storage Limited

Statement of Financial Position (continued)

31 December 2024

| 2024 | 2023
Note | £ | £ | £

Capital and reserves

Called up share capital | 8 |  | 110 | 110
Profit and loss account |  | 95,000 | 77,201
|  | -------- | --------
Shareholders funds |  | 95,110 | 77,311
|  | -------- | --------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 4 November 2025 , and are signed on behalf of the board by:
J P Janion Director
Company registration number: 07944851

Create Storage Limited

Notes to the Financial Statements

Year ended 31 December 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 4 Church Green East, Redditch, Worcestershire, B98 8BT. The place of business is Westward Business Centre, Mill Street, Crediton, Devon, EX17 5HB.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis.The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover represents sales of goods and services net of VAT and is recognised when the goods or services are physically supplied to the customer.
Tax
Current tax represents the amount of tax payable or receivable in respect of the taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Plant and machinery | - | 33% straight line
| Improvements to property | - | 4% straight line

Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into, either as financial assets, financial liabilities or equity interests. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 3 (2023: 4 ).
5. Tangible assets

| Plant and machinery | Improvements to property | Total
| £ | £ | £
Cost |  |  |
At 1 January 2024 and 31 December 2024 | 62,172 | 19,240 | 81,412
| -------- | -------- | --------
Depreciation |  |  |
At 1 January 2024 | 57,123 | 1,388 | 58,511
Charge for the year | 3,131 | 771 | 3,902
| -------- | -------- | --------
At 31 December 2024 | 60,254 | 2,159 | 62,413
| -------- | -------- | --------
Carrying amount |  |  |
At 31 December 2024 | 1,918 | 17,081 | 18,999
| -------- | -------- | --------
At 31 December 2023 | 5,049 | 17,852 | 22,901
| -------- | -------- | --------

6. Debtors

| 2024 | 2023
| £ | £
Trade debtors | 11,091 | 15,976
Other debtors | 8,545 | 81,972
| -------- | --------
| 19,636 | 97,948
| -------- | --------

7. Creditors: amounts falling due within one year

| 2024 | 2023
| £ | £
Trade creditors | 6,378 | 10,075
Social security and other taxes | 11,715 | 7,685
Other creditors | 39,887 | 30,192
| -------- | --------
| 57,980 | 47,952
| -------- | --------

8. Called up share capital
Issued, called up and fully paid

| 2024 | 2023
| No. | £ | No. | £
Ordinary shares of £ 1 each | 100 | 100 | 100 | 100
Ordinary A shares of £ 1 each | 10 | 10 | 10 | 10
| ---- | ---- | ---- | ----
| 110 | 110 | 110 | 110
| ---- | ---- | ---- | ----

9. Directors' advances, credits and guarantees
At the start of the year a director had received advances from the company totalling £ 76,387.35 . During the year there were no further advances and repayments of £ 76,387.35 were made. The balance at the year end was £nil. The advances were made interest free and are repayable on demand.