Extra Space Developments Limited


Directors	Marritt, Shane James Patrick
	Pitts, Niki


Registered Address	12 Springfield Road
	Boroughbridge
	Y051 9AZ


Registered Number	11117587 (England and Wales)

Statement of Financial Position
31 December 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		6,824		6,508
			6,824		6,508
Current assets
Debtors	4	45,987		27,246
Cash at bank and on hand		116,958		71,440
		162,945		98,686
Creditors amounts falling due within one year	5	(104,397)		(99,753)
Net current assets (liabilities)			58,548		(1,067)
Total assets less current liabilities			65,372		5,441
Creditors amounts falling due after one year	6		(15,169)		-
Provisions for liabilities			(1,297)		(1,236)
Accruals and deferred income			(47,699)		(1,771)
Net assets			1,207		2,434
Capital and reserves
Called up share capital			2		2
Profit and loss account			1,205		2,432
Shareholders' funds			1,207		2,434

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 11 August 2026, and are signed on its behalf by:

Marritt, Shane James Patrick
Director
Registered Company No. 11117587

Extra Space Developments Limited

Notes to the Financial Statements
for the year ended 31 December 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Current taxation
	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
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


	Reducing balance (%)	Straight line (years)
Plant and machinery	25	-
Vehicles	25	-
Office Equipment	-	5

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 January 25	30,026
	Additions	4,633
	Disposals	(12,000)
	At 31 December 25	22,660
	Depreciation and impairment
	At 01 January 25	23,518
	Charge for year	2,181
	On disposals	(9,864)
	At 31 December 25	15,835
	Net book value
	At 31 December 25	6,824
	At 31 December 24	6,508

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	1,475	4,554
Other debtors	43,095	3,925
Prepayments and accrued income	1,417	18,767
Total	45,987	27,246

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	39,671	60,929
Bank borrowings and overdrafts	21,172	-
Taxation and social security	41,699	38,270
Other creditors	1,855	554
Total	104,397	99,753

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	15,169	-
Total	15,169	-

7.	Related party transactions
	At the balance sheet date, the company owed £1,856 (2024 - £553) to members of key management personnel. The loan in unsecured, interest free and repayable on demand. The loan is presented within creditors due within one year.