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PDS Secure Storage Ltd
Registered Number:04986769
For the year ended 31 December 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2024
PDS Secure Storage Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
04986769
As at 31 December 2024
PDS Secure Storage Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
139,994
139,994
2
139,994
139,994
Current assets
Trade and other receivables
159,370
166,257
3
7,916
Cash and cash equivalents
10,358
176,615
167,286
Trade and other payables: amounts falling due within one
year
(55,867)
(57,068)
4
111,419
119,547
Net current assets
Total assets less current liabilities
259,541
251,413
Trade and other payables: amounts falling due after more
than one year
(12,353)
(10,250)
5
249,291
Net assets
239,060
Capital and reserves
Called up share capital
100
100
Retained earnings
249,191
238,960
249,291
239,060
Shareholders' funds
For the year ended 31 December 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 of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges her responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Donna Cartwright Director
These financial statements were approved and authorised for issue by the Board on 19 December 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 December 2024
PDS Secure Storage Ltd
Notes to the Financial Statements
Statutory Information
PDS Secure Storage Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 04986769.
Registered address:
18 Coleridge Avenue
Radcliffe
Manchester
M26 3PU
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
20 Straight line
20 Straight line
Computer equipment
20 Straight line
Motor vehicles
20 Straight line
Fixtures and fittings
No depreciation is provided on the company''s freehold properties since in the opinion of the directors the expected
useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation
would be immaterial. The directors undertake an annual impairment review of these properties.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a method giving a constant rate of return on the balance outstanding.
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5
For the year ended 31 December 2024
PDS Secure Storage Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Plant and
machinery
Freehold land
and buildings
£
£
£
Cost or
valuation
At 01 January 2024
235,788
109,367
126,421
At 31 December 2024
126,421
109,367
235,788
Provision for depreciation and impairment
At 01 January 2024
95,794
95,794
-
At 31 December 2024
95,794
95,794
-
At 31 December 2024
Net book value
126,421
13,573
139,994
At 31 December 2023
126,421
13,573
139,994
3. Trade and other receivables
2023
2024
£
£
Other debtors
166,257
159,370
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
26,655
26,655
Taxation and social security
7,913
7,712
Other creditors
22,500
21,500
57,068
55,867
5. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft (secured)
10,250
12,353
6. Average number of persons employed
During the year the average number of employees was 0 (2023 : 4)
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