IRIS Accounts Production v26.1.0.640 13725575 Board of Directors 1.1.25 31.12.25 31.12.25 false true false false true false Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 13725575 2024-12-31 13725575 2025-12-31 13725575 2025-01-01 2025-12-31 13725575 2023-12-31 13725575 2024-01-01 2024-12-31 13725575 2024-12-31 13725575 ns15:EnglandWales 2025-01-01 2025-12-31 13725575 ns14:PoundSterling 2025-01-01 2025-12-31 13725575 ns10:Director1 2025-01-01 2025-12-31 13725575 ns10:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 13725575 ns10:SmallEntities 2025-01-01 2025-12-31 13725575 ns10:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 13725575 ns10:SmallCompaniesRegimeForDirectorsReport 2025-01-01 2025-12-31 13725575 ns10:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 13725575 ns10:FullAccounts 2025-01-01 2025-12-31 13725575 ns10:OrdinaryShareClass1 2025-01-01 2025-12-31 13725575 ns10:Director2 2025-01-01 2025-12-31 13725575 ns10:RegisteredOffice 2025-01-01 2025-12-31 13725575 ns5:CurrentFinancialInstruments 2025-12-31 13725575 ns5:CurrentFinancialInstruments 2024-12-31 13725575 ns5:ShareCapital 2025-12-31 13725575 ns5:ShareCapital 2024-12-31 13725575 ns5:RetainedEarningsAccumulatedLosses 2025-12-31 13725575 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 13725575 ns5:LongLeaseholdAssets ns5:LandBuildings 2025-01-01 2025-12-31 13725575 ns5:LeaseholdImprovements 2025-01-01 2025-12-31 13725575 ns5:FurnitureFittings 2025-01-01 2025-12-31 13725575 ns5:ComputerEquipment 2025-01-01 2025-12-31 13725575 ns5:LongLeaseholdAssets ns5:LandBuildings 2024-12-31 13725575 ns5:LeaseholdImprovements 2024-12-31 13725575 ns5:FurnitureFittings 2024-12-31 13725575 ns5:ComputerEquipment 2024-12-31 13725575 ns5:LongLeaseholdAssets ns5:LandBuildings 2025-12-31 13725575 ns5:LeaseholdImprovements 2025-12-31 13725575 ns5:FurnitureFittings 2025-12-31 13725575 ns5:ComputerEquipment 2025-12-31 13725575 ns5:LongLeaseholdAssets ns5:LandBuildings 2024-12-31 13725575 ns5:LeaseholdImprovements 2024-12-31 13725575 ns5:FurnitureFittings 2024-12-31 13725575 ns5:ComputerEquipment 2024-12-31 13725575 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-12-31 13725575 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-31 13725575 ns5:CurrentFinancialInstruments 2025-01-01 2025-12-31 13725575 ns5:WithinOneYear 2025-12-31 13725575 ns5:WithinOneYear 2024-12-31 13725575 ns5:BetweenOneFiveYears 2025-12-31 13725575 ns5:BetweenOneFiveYears 2024-12-31 13725575 ns5:MoreThanFiveYears 2025-12-31 13725575 ns5:MoreThanFiveYears 2024-12-31 13725575 ns5:AllPeriods 2025-12-31 13725575 ns5:AllPeriods 2024-12-31 13725575 ns5:DeferredTaxation 2024-12-31 13725575 ns5:DeferredTaxation 2025-12-31 13725575 ns10:OrdinaryShareClass1 2025-12-31

REGISTERED NUMBER: 13725575 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

Kitley Self Storage Ltd

Kitley Self Storage Ltd (Registered number: 13725575)

CONTENTS OF THE FINANCIAL STATEMENTS

for the year ended 31 December 2025

| Page |

Company Information | 1 |

Balance Sheet | 2 |  | to |  | 3

Notes to the Financial Statements | 4 |  | to |  | 8

Kitley Self Storage Ltd

COMPANY INFORMATION

for the year ended 31 December 2025

| Directors: | C R Wotton

| Mrs M T Wotton

| Registered office: | Fallapit Barton

| Fallapit

| East Allington

| Totnes

| Devon

| TQ9 7QE

| Registered number: | 13725575 (England and Wales)

| Accountants: | Websters

| 129 North Hill

| Plymouth

| Devon

| PL4 8JY

Kitley Self Storage Ltd (Registered number: 13725575)

BALANCE SHEET

31 December 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

Fixed assets

Tangible assets | 4 | 193,964 |  | 148,790 |  |

Current assets

Debtors | 5 | 52,776 |  | 40,597 |  |

Cash at bank | 9,810 |  | 17,262 |  |

62,586 |  | 57,859 |  |

Creditors

Amounts falling due within one year | 6 | 138,080 |  | 146,690 |  |

Net current liabilities | (75,494 | ) | (88,831 | ) |

Total assets less current liabilities | 118,470 |  | 59,959 |  |

Provisions for liabilities | 8 | 10,000 |  | 10,000 |  |

Net assets | 108,470 |  | 49,959 |  |

Capital and reserves

Called up share capital | 9 | 200 |  | 200 |  |

Retained earnings | 108,270 |  | 49,759 |  |

Shareholders' funds | 108,470 |  | 49,959 |  |

Kitley Self Storage Ltd (Registered number: 13725575)

BALANCE SHEET - continued

31 December 2025

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 July 2026 and were signed on its behalf by:

C R Wotton - Director

Kitley Self Storage Ltd (Registered number: 13725575)

NOTES TO THE FINANCIAL STATEMENTS

for the year ended 31 December 2025

1. | STATUTORY INFORMATION

| Kitley Self Storage 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.

| Turnover

| Turnover is measured at the fair value of the consideration receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale and hire of goods. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of goods have transferred to the buyer. Turnover from the hire of goods is recognised according to the period of hire.

| Tangible fixed assets

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

| Storage containers | - | 5% on cost

| Improvements to property | - | 5% on cost

| Fixtures and fittings | - | 20% on reducing balance

| Computer equipment | - | 33% on cost

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, 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.

Kitley Self Storage Ltd (Registered number: 13725575)

NOTES TO THE FINANCIAL STATEMENTS - continued

for the year ended 31 December 2025

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.

| 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.

| Debtors

| Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

| Creditors

| Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

| Provisions

| Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 4 (2024 - 2 ) .

Kitley Self Storage Ltd (Registered number: 13725575)

NOTES TO THE FINANCIAL STATEMENTS - continued

for the year ended 31 December 2025

4. | TANGIBLE FIXED ASSETS

| Improvements |  | Fixtures |

| Storage |  | to |  | and |  | Computer |

| containers |  | property |  | fittings |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| Cost

| At 1 January 2025 | 120,900 |  | 42,793 |  | 2,373 |  | 2,078 |  | 168,144 |  |

| Additions | 51,400 |  | - |  | 784 |  | 2,527 |  | 54,711 |  |

| At 31 December 2025 | 172,300 |  | 42,793 |  | 3,157 |  | 4,605 |  | 222,855 |  |

| Depreciation

| At 1 January 2025 | 13,654 |  | 3,353 |  | 577 |  | 1,770 |  | 19,354 |  |

| Charge for year | 6,259 |  | 2,138 |  | 442 |  | 698 |  | 9,537 |  |

| At 31 December 2025 | 19,913 |  | 5,491 |  | 1,019 |  | 2,468 |  | 28,891 |  |

| Net book value

| At 31 December 2025 | 152,387 |  | 37,302 |  | 2,138 |  | 2,137 |  | 193,964 |  |

| At 31 December 2024 | 107,246 |  | 39,440 |  | 1,796 |  | 308 |  | 148,790 |  |

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

2025 | 2024 |

£ | £ |

| Trade debtors | 9,901 |  | 12,074 |  |

| Other debtors | 42,875 |  | 28,523 |  |

52,776 |  | 40,597 |  |

| Other debtors includes £5,157 in respect of a loan to a connected company. The loan is repayable on demand and has no fixed date for renewal.

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

2025 | 2024 |

£ | £ |

| Trade creditors | 22,460 |  | 25,798 |  |

| Taxation and social security | 646 |  | 3,409 |  |

| Other creditors | 114,974 |  | 117,483 |  |

138,080 |  | 146,690 |  |

| Other creditors includes £42,923 n respect of loans to connected companies. The loans are repayable on demand and have no fixed date for repayment.

Kitley Self Storage Ltd (Registered number: 13725575)

NOTES TO THE FINANCIAL STATEMENTS - continued

for the year ended 31 December 2025

7. | LEASING AGREEMENTS

| Minimum lease payments under non-cancellable operating leases fall due as follows:

2025 | 2024 |

£ | £ |

| Within one year | 19,100 |  | 19,100 |  |

| Between one and five years | 76,400 |  | 76,400 |  |

| In more than five years | 57,300 |  | 76,400 |  |

152,800 |  | 171,900 |  |

8. | PROVISIONS FOR LIABILITIES

2025 | 2024 |

£ | £ |

| Deferred tax | 10,000 |  | 10,000 |  |

| Deferred |

| tax |

£ |

| Balance at 1 January 2025 | 10,000 |  |

| Accelerated capital allowances |

| Trading losses carried forward |

| Balance at 31 December 2025 | 10,000 |  |

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 200 | Ordinary | £1 | 200 |  | 200 |  |

Kitley Self Storage Ltd (Registered number: 13725575)

NOTES TO THE FINANCIAL STATEMENTS - continued

for the year ended 31 December 2025

10. | RELATED PARTY DISCLOSURES

| At the balance sheets date the company owed £50,636 to Mr and Mrs Wotton jointly.

| The company also owed and was (owed) the following amounts to connected companies:

| Justeel Limited - £(157) - a company owned and controlled by Mr and Mrs Wotton.

| Newbury Container Storage Ltd - £25,923 - a company owned and controlled by Mr and Mrs Wotton.

| Mountain Exchange Limited - £(16,000)

| The company paid £2,800 to Newbury Container Storage for admin support.

| The outstanding amounts have no fixed date for repayment and carry no interest.

11. | ULTIMATE CONTROLLING PARTY

| The company is ultimately controlled by its directors, Mr and Mrs Wotton.