IRIS Accounts Production v26.1.10.61 07951717 Board of Directors 1.3.25 28.2.26 28.2.26 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 07951717 2025-02-28 07951717 2026-02-28 07951717 2025-03-01 2026-02-28 07951717 2024-02-29 07951717 2024-03-01 2025-02-28 07951717 2025-02-28 07951717 ns15:EnglandWales 2025-03-01 2026-02-28 07951717 ns14:PoundSterling 2025-03-01 2026-02-28 07951717 ns10:Director1 2025-03-01 2026-02-28 07951717 ns10:PrivateLimitedCompanyLtd 2025-03-01 2026-02-28 07951717 ns10:SmallEntities 2025-03-01 2026-02-28 07951717 ns10:AuditExempt-NoAccountantsReport 2025-03-01 2026-02-28 07951717 ns10:SmallCompaniesRegimeForDirectorsReport 2025-03-01 2026-02-28 07951717 ns10:SmallCompaniesRegimeForAccounts 2025-03-01 2026-02-28 07951717 ns10:FullAccounts 2025-03-01 2026-02-28 07951717 ns10:Director2 2025-03-01 2026-02-28 07951717 ns10:Director3 2025-03-01 2026-02-28 07951717 ns10:CompanySecretary1 2025-03-01 2026-02-28 07951717 ns10:RegisteredOffice 2025-03-01 2026-02-28 07951717 ns5:CurrentFinancialInstruments 2026-02-28 07951717 ns5:CurrentFinancialInstruments 2025-02-28 07951717 ns5:Non-currentFinancialInstruments 2026-02-28 07951717 ns5:Non-currentFinancialInstruments 2025-02-28 07951717 ns5:ShareCapital 2026-02-28 07951717 ns5:ShareCapital 2025-02-28 07951717 ns5:RetainedEarningsAccumulatedLosses 2026-02-28 07951717 ns5:RetainedEarningsAccumulatedLosses 2025-02-28 07951717 ns5:LandBuildings 2025-02-28 07951717 ns5:LeaseholdImprovements 2025-02-28 07951717 ns5:PlantMachinery 2025-02-28 07951717 ns5:LandBuildings 2025-03-01 2026-02-28 07951717 ns5:LeaseholdImprovements 2025-03-01 2026-02-28 07951717 ns5:PlantMachinery 2025-03-01 2026-02-28 07951717 ns5:LandBuildings 2026-02-28 07951717 ns5:LeaseholdImprovements 2026-02-28 07951717 ns5:PlantMachinery 2026-02-28 07951717 ns5:LandBuildings 2025-02-28 07951717 ns5:LeaseholdImprovements 2025-02-28 07951717 ns5:PlantMachinery 2025-02-28 07951717 ns5:FurnitureFittings 2025-02-28 07951717 ns5:MotorVehicles 2025-02-28 07951717 ns5:ComputerEquipment 2025-02-28 07951717 ns5:FurnitureFittings 2025-03-01 2026-02-28 07951717 ns5:MotorVehicles 2025-03-01 2026-02-28 07951717 ns5:ComputerEquipment 2025-03-01 2026-02-28 07951717 ns5:FurnitureFittings 2026-02-28 07951717 ns5:MotorVehicles 2026-02-28 07951717 ns5:ComputerEquipment 2026-02-28 07951717 ns5:FurnitureFittings 2025-02-28 07951717 ns5:MotorVehicles 2025-02-28 07951717 ns5:ComputerEquipment 2025-02-28 07951717 ns5:CostValuation 2025-02-28 07951717 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2026-02-28 07951717 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-02-28 07951717 ns5:Non-currentFinancialInstruments ns5:BetweenOneTwoYears 2026-02-28 07951717 ns5:Non-currentFinancialInstruments ns5:BetweenOneTwoYears 2025-02-28 07951717 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2026-02-28 07951717 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2025-02-28 07951717 ns5:MoreThanFiveYears ns5:Non-currentFinancialInstruments 2026-02-28 07951717 ns5:MoreThanFiveYears ns5:Non-currentFinancialInstruments 2025-02-28 07951717 ns5:Secured 2026-02-28 07951717 ns5:Secured 2025-02-28

REGISTERED NUMBER: 07951717 (England and Wales)

Financial Statements for the Year Ended 28 February 2026

for

Lymington Self Storage Limited

Lymington Self Storage Limited (Registered number: 07951717)

Contents of the Financial Statements

for the Year Ended 28 February 2026

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

Lymington Self Storage Limited

Company Information

for the Year Ended 28 February 2026

| DIRECTORS: | J Mackenzie

| Mrs A J Mackenzie

| Mrs V C Mackenzie

| SECRETARY: | Mrs V C Mackenzie

| REGISTERED OFFICE: | 238 Station Road

| Addlestone

| Surrey

| KT15 2PS

| REGISTERED NUMBER: | 07951717 (England and Wales)

| ACCOUNTANTS: | CSL Partnership (Addlestone) Limited

| Chartered Certified Accountants

| 238 Station Road

| Addlestone

| Surrey

| KT15 2PS

Lymington Self Storage Limited (Registered number: 07951717)

Balance Sheet

28 February 2026

| 28.2.26 |  | 28.2.25

| Notes | £ | £ |

FIXED ASSETS

Property, plant and equipment | 4 | 296,485 |  | 303,475 |  |

Investments | 5 | 39 |  | 39 |  |

296,524 |  | 303,514 |  |

CURRENT ASSETS

Inventories | 1,000 |  | 1,000 |  |

Debtors | 6 | 7,524 |  | 12,064 |  |

Cash at bank | 99,379 |  | 103,961 |  |

107,903 |  | 117,025 |  |

CREDITORS

Amounts falling due within one year | 7 | (182,610 | ) | (220,242 | ) |

NET CURRENT LIABILITIES | (74,707 | ) | (103,217 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 221,817 |  | 200,297 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (27,761 | ) | (42,421 | ) |

PROVISIONS FOR LIABILITIES | (4,133 | ) | (5,497 | ) |

NET ASSETS | 189,923 |  | 152,379 |  |

CAPITAL AND RESERVES

Called up share capital | 30,000 |  | 30,000 |  |

Retained earnings | 159,923 |  | 122,379 |  |

SHAREHOLDERS' FUNDS | 189,923 |  | 152,379 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 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.

Lymington Self Storage Limited (Registered number: 07951717)

Balance Sheet - continued

28 February 2026

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 June 2026 and were signed on its behalf by:

J Mackenzie - Director

Lymington Self Storage Limited (Registered number: 07951717)

Notes to the Financial Statements

for the Year Ended 28 February 2026

1. | STATUTORY INFORMATION

| Lymington Self Storage 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 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.

| Revenue

| Revenue is measured at fair value and represents revenues receivable under contracts net of value added tax. Where contractual obligations have been partially performed at the balance sheet date, revenue is recognised to the extent that the company has obtained the right to consideration through its performance.

| Tangible fixed assets

| Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over their estimated useful lives as follows:

| Freehold property - 2% on reducing balance

| Improvements to property - 2% on reducing balance

| Plant and machinery - Straight line over 15 years

| Fixtures and fittings - 25% on reducing balance

| Motor vehicles - 25% on reducing balance

| Office equipment - 25% on reducing balance

| On disposal, the difference between the net disposal proceeds and the carrying amount of the item sold is recognised in the income statement.

| Inventories

| Inventories 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 Income Statement, 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.

Lymington Self Storage Limited (Registered number: 07951717)

Notes to the Financial Statements - continued

for the Year Ended 28 February 2026

2. | ACCOUNTING POLICIES - continued

| 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 3 (2025 - 3 ) .

4. | PROPERTY, PLANT AND EQUIPMENT

| Improvements |

| Freehold |  | to |  | Plant and

| property |  | property |  | machinery

£ | £ | £ |

| COST

| At 1 March 2025 | 227,392 |  | 72,517 |  | 9,179 |  |

| Additions | - |  | - |  | 759 |  |

| At 28 February 2026 | 227,392 |  | 72,517 |  | 9,938 |  |

| DEPRECIATION

| At 1 March 2025 | 4,233 |  | 15,514 |  | 6,672 |  |

| Charge for year | 303 |  | 1,141 |  | 809 |  |

| At 28 February 2026 | 4,536 |  | 16,655 |  | 7,481 |  |

| NET BOOK VALUE

| At 28 February 2026 | 222,856 |  | 55,862 |  | 2,457 |  |

| At 28 February 2025 | 223,159 |  | 57,003 |  | 2,507 |  |

Lymington Self Storage Limited (Registered number: 07951717)

Notes to the Financial Statements - continued

for the Year Ended 28 February 2026

4. | PROPERTY, PLANT AND EQUIPMENT - continued

| Fixtures |

| and |  | Motor |  | Office |

| fittings |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ |

| COST

| At 1 March 2025 | 17,891 |  | 43,395 |  | 9,613 |  | 379,987 |  |

| Additions | - |  | - |  | - |  | 759 |  |

| At 28 February 2026 | 17,891 |  | 43,395 |  | 9,613 |  | 380,746 |  |

| DEPRECIATION

| At 1 March 2025 | 14,856 |  | 28,174 |  | 7,063 |  | 76,512 |  |

| Charge for year | 759 |  | 4,007 |  | 730 |  | 7,749 |  |

| At 28 February 2026 | 15,615 |  | 32,181 |  | 7,793 |  | 84,261 |  |

| NET BOOK VALUE

| At 28 February 2026 | 2,276 |  | 11,214 |  | 1,820 |  | 296,485 |  |

| At 28 February 2025 | 3,035 |  | 15,221 |  | 2,550 |  | 303,475 |  |

| Included in cost of land and buildings is freehold land of £ 208,000 (2025 - £ 208,000 ) which is not depreciated.

5. | FIXED ASSET INVESTMENTS

| Other

| investments

£ |

| COST

| At 1 March 2025

| and 28 February 2026 | 39 |  |

| NET BOOK VALUE

| At 28 February 2026 | 39 |  |

| At 28 February 2025 | 39 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 28.2.26 |  | 28.2.25

£ | £ |

| Trade debtors | 600 |  | 4,687 |  |

| Other debtors | 5,946 |  | 5,806 |  |

| Prepayments | 978 |  | 1,571 |  |

7,524 |  | 12,064 |  |

Lymington Self Storage Limited (Registered number: 07951717)

Notes to the Financial Statements - continued

for the Year Ended 28 February 2026

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 28.2.26 |  | 28.2.25

£ | £ |

| Bank loans and overdrafts | 14,444 |  | 13,730 |  |

| Trade creditors | 404 |  | 7,247 |  |

| Tax | 71,724 |  | 47,868 |  |

| Social security and other taxes | 742 |  | 154 |  |

| VAT | 19,775 |  | 18,568 |  |

| Other creditors | 30,323 |  | 30,359 |  |

| Directors' current accounts | 2,417 |  | 60,573 |  |

| Deferred income and accrued expenses | 42,781 |  | 41,743 |  |

182,610 |  | 220,242 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 28.2.26 |  | 28.2.25

£ | £ |

| Bank loans - 1-2 years | 4,746 |  | 14,444 |  |

| Bank loans - 2-5 years | 13,121 |  | 13,194 |  |

| Bank loans more than 5 years | 9,894 |  | 14,783 |  |

27,761 |  | 42,421 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more than 5 years | 9,894 |  | 14,783 |  |

9. | SECURED DEBTS

| The following secured debts are included within creditors:

| 28.2.26 |  | 28.2.25

£ | £ |

| Bank loans | 42,205 |  | 56,151 |  |

| The company has provided security in the form of an unlimited debenture and a legal charge over the freehold land and buildings.

| In addition, the directors of the company, have jointly provided personal guarantees of £96,000 and £15,000 plus interest and costs.