REGISTERED NUMBER: 07494412 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Star Self-Store Ltd

Previously known as

Harrison & Rowley Limited

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

Mr M J Spooner

Mr A P Spooner

Mrs C E Rose

SECRETARY:

Mr F D G Catley

REGISTERED OFFICE:

Britannia House

Alington Road

Little Barford

St Neots

Bedfordshire

PE19 6YH

REGISTERED NUMBER:

07494412 (England and Wales)

ACCOUNTANTS:

Clifford Roberts

Chartered Accountants

Pacioli House

9 Brookfield

Duncan Close

Northampton

Northamptonshire

NN3 6WL

FIXED ASSETS

Tangible assets

4

2,891,669

2,987,586

Investments

5

64,621

64,621

2,956,290

3,052,207

CURRENT ASSETS

Stocks

6,176

20,641

Debtors

6

378,118

538,382

Cash at bank

370,195

340,419

754,489

899,442

CREDITORS

Amounts falling due within one year

7

2,640,071

2,703,991

NET CURRENT LIABILITIES

(1,885,582

)

(1,804,549

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,070,708

1,247,658

PROVISIONS FOR LIABILITIES

201,685

251,210

NET ASSETS

869,023

996,448

CAPITAL AND RESERVES

Called up share capital

8

3,000

3,000

Other reserves

8,826

8,826

Retained earnings

857,197

984,622

SHAREHOLDERS' FUNDS

869,023

996,448

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 directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 December 2025 and were signed on its behalf by:

Mr M J Spooner - Director

Mr A P Spooner - Director

Mrs C E Rose - Director

1.	STATUTORY INFORMATION

Star Self-Store Ltd 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 as modified by the revaluation of certain assets.

Revenue

Revenue represents amounts chargeable to customers during the year, excluding Value Added Tax. Goods and services provided to customers, which at the balance sheet date have not been invoiced, have been recognised as revenue. Revenue recognised in this manner is based on an assessment of the fair value of the goods/services contracted for. Revenue is only recognised where the company has a contractual right to receive consideration for the goods/services provided.

Tangible fixed assets

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

Plant and machinery

-

25% on cost

Fixtures and fittings

-

10%, 20% and 25% on cost

Motor vehicles

-

25% on cost and 10% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Share based payments

The cost and corresponding increase in equity in respect of equity-settled share-based payment transactions with employees are measured by reference to the fair value of equity instruments issued at the date of grant. Amounts are expensed on a straight line basis over the vesting period based on the estimate of shares that will eventually vest and adjusted for the effect of non market-based vesting conditions.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2024 - 25 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Website

machinery

fittings

vehicles

costs

Totals

£

£

£

£

£

COST

At 1 April 2024

3,028,013

289,980

591,337

12,600

3,921,930

Additions

86,504

68,615

20,001

-

175,120

Disposals

(55,351

)

-

(433,724

)

-

(489,075

)

At 31 March 2025

3,059,166

358,595

177,614

12,600

3,607,975

DEPRECIATION

At 1 April 2024

266,244

155,057

500,443

12,600

934,344

Charge for year

159,373

42,574

67,945

-

269,892

Eliminated on disposal

(54,206

)

-

(433,724

)

-

(487,930

)

At 31 March 2025

371,411

197,631

134,664

12,600

716,306

NET BOOK VALUE

At 31 March 2025

2,687,755

160,964

42,950

-

2,891,669

At 31 March 2024

2,761,769

134,923

90,894

-

2,987,586

5.	FIXED ASSET INVESTMENTS

Shares in

group

Other

undertakings

investments

Totals

£

£

£

COST OR VALUATION

At 1 April 2024

and 31 March 2025

204

64,417

64,621

NET BOOK VALUE

At 31 March 2025

204

64,417

64,621

At 31 March 2024

204

64,417

64,621

Cost or valuation at 31 March 2025 is represented by:

Shares in

group

Other

undertakings

investments

Totals

£

£

£

Valuation in 2025

204

64,417

64,621

Investments have been revalued at their market valuation at the company's financial year end.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

30,362

51,566

Other debtors

347,756

486,816

378,118

538,382

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

386,979

467,462

Amounts owed to associates

2,000,000

2,000,000

Taxation and social security

76,206

78,747

Other creditors

176,886

157,782

2,640,071

2,703,991

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

3,000

Ordinary

£1.00

3,000

3,000

9.	SHARE-BASED PAYMENT TRANSACTIONS

On 26 October 2017, the Company granted a total of 300 share options to two employees under an equity-settled share option scheme. The options have an exercise price of £29.42 per share and vest subject to continued employment.

As of the current and prior year end, 300 share options remained outstanding. No options were exercised or lapsed or during the year.