REGISTERED NUMBER: 09837061 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

Storage Solutions (MGA) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N K Brace

Mrs J Brace

SECRETARY:

Crossley and Co.

REGISTERED OFFICE:

122 Winchcombe Street

Cheltenham

Gloucestershire

GL52 2NW

REGISTERED NUMBER:

09837061 (England and Wales)

ACCOUNTANTS:

Crossley and Co.

122 Winchcombe Street

Cheltenham

Gloucestershire

GL52 2NW

FIXED ASSETS

Tangible assets

4

113,224

130,000

CURRENT ASSETS

Debtors

5

22,309

9,848

Cash at bank and in hand

12,768

10,452

35,077

20,300

CREDITORS

Amounts falling due within one year

6

13,591

12,355

NET CURRENT ASSETS

21,486

7,945

TOTAL ASSETS LESS CURRENT LIABILITIES

134,710

137,945

CREDITORS

Amounts falling due after more than one year

7

-

33,917

NET ASSETS

134,710

104,028

CAPITAL AND RESERVES

Called up share capital

8

3

3

Retained earnings

9

134,707

104,025

SHAREHOLDERS' FUNDS

134,710

104,028

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 16 July 2026 and were signed on its behalf by:

N K Brace - Director

1.	STATUTORY INFORMATION

Storage Solutions (MGA) 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.

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.

Short leasehold

-

10% on cost

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

leasehold

machinery

fittings

£

£

£

COST

At 1 November 2024

90,048

31,691

13,371

Additions

14,213

-

-

Disposals

-

(11,000

)

-

At 31 October 2025

104,261

20,691

13,371

DEPRECIATION

At 1 November 2024

47,337

16,873

8,386

Charge for year

10,426

3,088

997

Eliminated on disposal

-

(8,100

)

-

At 31 October 2025

57,763

11,861

9,383

NET BOOK VALUE

At 31 October 2025

46,498

8,830

3,988

At 31 October 2024

42,711

14,818

4,985

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 November 2024

99,782

407

235,299

Additions

-

-

14,213

Disposals

-

-

(11,000

)

At 31 October 2025

99,782

407

238,512

DEPRECIATION

At 1 November 2024

32,397

306

105,299

Charge for year

13,477

101

28,089

Eliminated on disposal

-

-

(8,100

)

At 31 October 2025

45,874

407

125,288

NET BOOK VALUE

At 31 October 2025

53,908

-

113,224

At 31 October 2024

67,385

101

130,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

11,902

9,848

Directors' current accounts

10,407

-

22,309

9,848

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade creditors

2,631

3,043

Tax

2,983

-

Social security and other taxes

144

41

VAT

6,363

7,801

Accrued expenses

1,470

1,470

13,591

12,355

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Directors' loan accounts

-

33,917

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.25

31.10.24

value:

£

£

2

Ordinary

£1

2

2

1

A Ordinary

£1

1

1

3

3

9.

RESERVES

Retained

earnings

£

At 1 November 2024

104,025

Profit for the year

32,182

Dividends

(1,500

)

At 31 October 2025

134,707