Stevens Storage Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04933263

Stevens Storage Limited

Filleted Unaudited Financial Statements

For the year ended

30 November 2025

Stevens Storage Limited

Statement of Financial Position

30 November 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	6		1,765,822		1,777,353

Current assets

Debtors	7	79,177	163,039
Cash at bank and in hand		344,800	417,010
		---------	---------
		423,977	580,049

Creditors: amounts falling due within one year	8	52,832		173,622
		---------		---------
Net current assets			371,145		406,427
			------------		------------
Total assets less current liabilities			2,136,967		2,183,780
			------------		------------
Net assets			2,136,967		2,183,780
			------------		------------

Capital and reserves

Called up share capital	100	100
Profit and loss account	2,136,867	2,183,680
	------------	------------
Shareholders funds	2,136,967	2,183,780
	------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Stevens Storage Limited

Statement of Financial Position (continued)

30 November 2025

These financial statements were approved by the board of directors and authorised for issue on 5 August 2026 , and are signed on behalf of the board by:

Mr J Stevens

Director

Company registration number: 04933263

Stevens Storage Limited

Notes to the Financial Statements

Year ended 30 November 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Dapple Farm, Oakington Road, Girton, Cambridge, CB3 0QH.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

The turnover shown in profit and loss represents amounts receivable for storage services during the year, exclusive of Value Added Tax. Revenue is recognised as services are provided on a time basis.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all material timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	50% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Freehold Property	-	2% straight line
Plant & Machinery	-	25% reducing balance
Fixtures & Fittings	-	25% reducing balance

Freehold Land is not depreciated.

Defined contribution plans

The company makes pension contributions for certain employees into their own personal pension arrangements. The annual contributions payable are charged to the profit and loss account.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 3 (2024: 4 ).

5. Intangible assets

	Goodwill
	£
Cost
At 1 December 2024 and 30 November 2025	30,000
	--------
Amortisation
At 1 December 2024 and 30 November 2025	30,000
	--------
Carrying amount
At 30 November 2025	–
	--------
At 30 November 2024	–
	--------

6. Tangible assets

	Land and buildings	Plant and machinery	Fixtures and fittings	Total
	£	£	£	£
Cost
At 1 December 2024	1,914,063	49,450	20,307	1,983,820
Additions	–	1,178	6,685	7,863
	------------	--------	--------	------------
At 30 November 2025	1,914,063	50,628	26,992	1,991,683
	------------	--------	--------	------------
Depreciation
At 1 December 2024	159,837	34,186	12,444	206,467
Charge for the year	12,341	3,957	3,096	19,394
	------------	--------	--------	------------
At 30 November 2025	172,178	38,143	15,540	225,861
	------------	--------	--------	------------
Carrying amount
At 30 November 2025	1,741,885	12,485	11,452	1,765,822
	------------	--------	--------	------------
At 30 November 2024	1,754,226	15,264	7,863	1,777,353
	------------	--------	--------	------------

Included in the above is £1,297,034 (2024: £1,297,034) land and buildings which is not depreciated.

7. Debtors

	2025	2024
	£	£
Other debtors	79,177	163,039
	--------	---------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	284	–
Social security and other taxes	23,669	14,421
Other creditors	28,879	159,201
	--------	---------
	52,832	173,622
	--------	---------

9. Directors' advances, credits and guarantees

During the current and previous year the company made advances to and received repayments from the directors. These amounts are repayable on demand and interest has been charged on any outstanding balances on a daily basis, calculated at the HMRC official beneficial loan rate. Details of the balances, advances and amounts repaid are; The company operated a joint loan account for 3 directors.

	2025	2024
	£	£
Advances	76,952	72,252
Repayments	110,442	9,100
Balance due from directors	29,662	63,152

10. Operating lease commitments

The total future minimum lease payments under non-cancellable operating leases amount to £11,858 (2024: £18,633).