Countrywide Storage Bromsgrove Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 13804078 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

FOR

COUNTRYWIDE STORAGE BROMSGROVE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr F J Crichton-Stuart

Mr N R A Grant

REGISTERED OFFICE:

C/O Wigwam Storage

Banbury Road

CHIPPING NORTON

Oxfordshire

OX7 5TE

REGISTERED NUMBER:

13804078 (England and Wales)

ACCOUNTANTS:

Bronsens

Chartered Certified Accountants

Hillside

Albion Street

Chipping Norton

Oxfordshire

OX7 5BH

FIXED ASSETS

Tangible assets

4

429,912

446,606

CURRENT ASSETS

Debtors

5

127,139

136,459

Cash at bank

91,863

33,889

219,002

170,348

CREDITORS

Amounts falling due within one year

6

824,267

706,447

NET CURRENT LIABILITIES

(605,265

)

(536,099

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(175,353

)

(89,493

)

CAPITAL AND RESERVES

Called up share capital

8

100

Retained earnings

9

(175,453

)

(89,593

)

SHAREHOLDERS' FUNDS

(175,353

)

(89,493

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 December 2025 and were signed on its behalf by:

Mr N R A Grant - Director

1.	STATUTORY INFORMATION

Countrywide Storage Bromsgrove Limited 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 on a going concern basis on the understanding that the company has received assurances of support from its parent company. The parent company has confirmed that it will not seek repayment of its loan in preference to other creditors.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Improvements to property

-

Straight line over 30 years

Plant and machinery

-

25% on reducing balance, Straight line over 20 years and Straight line over 30 years

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 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.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

property

machinery

Totals

£

COST

At 1 May 2024

and 30 April 2025

405,872

69,874

475,746

DEPRECIATION

At 1 May 2024

22,499

6,641

29,140

Charge for year

13,529

3,165

16,694

At 30 April 2025

36,028

9,806

45,834

NET BOOK VALUE

At 30 April 2025

369,844

60,068

429,912

At 30 April 2024

383,373

63,233

446,606

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

Rent deposit

30,000

Deferred tax asset

Tax losses carried forward

91,918

Prepayments

5,221

14,541

127,139

136,459

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

Trade creditors

5,629

2,303

Amounts owed to group undertakings

653,780

617,362

VAT

6,255

11,009

Customer deposits

12,296

8,395

Deferred income

16,936

13,033

Accrued expenses

129,371

54,345

824,267

706,447

7.	DEFERRED TAX

£

Balance at 1 May 2024

(91,918

)

Balance at 30 April 2025

(91,918

)

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.25

30.4.24

value:

£

50

Ordinary A

£1

50

Ordinary B

£1

50

100

9.

RESERVES

Retained

earnings

£

At 1 May 2024

(89,593

)

Deficit for the year

(85,860

)

At 30 April 2025

(175,453

)

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Countrywide Storage Chipping Norton Limited.