REGISTERED NUMBER: 05327221 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2026

for

Asset Storage Limited

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTOR:

J R Matthews

SECRETARY:

R M Matthews

REGISTERED OFFICE:

Brook House

Moss Grove

Kingswinford

West Midlands

DY6 9HS

REGISTERED NUMBER:

05327221 (England and Wales)

ACCOUNTANTS:

Wilkes Tranter & Co Limited

Brook House

Moss Grove

Kingswinford

West Midlands

DY6 9HS

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Director's Report are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Asset Storage Limited for the year ended 31 January 2026 which comprise the Profit and Loss Account, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Asset Storage Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Asset Storage Limited and state those matters that we have agreed to state to the director of Asset Storage Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Asset Storage Limited and its director for our work or for this report.

It is your duty to ensure that Asset Storage Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Asset Storage Limited. You consider that Asset Storage Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Asset Storage Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Wilkes Tranter & Co Limited

Brook House

Moss Grove

Kingswinford

West Midlands

DY6 9HS

24 June 2026

FIXED ASSETS

Tangible assets

4

458,223

608,865

Investments

5

-

100

458,223

608,965

CURRENT ASSETS

Stocks

44,929

44,929

Debtors

6

133,699

146,723

Cash at bank

54,832

32,562

233,460

224,214

CREDITORS

Amounts falling due within one year

7

(303,373

)

(264,062

)

NET CURRENT LIABILITIES

(69,913

)

(39,848

)

TOTAL ASSETS LESS CURRENT LIABILITIES

388,310

569,117

CREDITORS

Amounts falling due after more than one year

8

(42,275

)

(59,930

)

PROVISIONS FOR LIABILITIES

(13,052

)

(9,011

)

NET ASSETS

332,983

500,176

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

332,981

500,174

332,983

500,176

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 June 2026 and were signed by:

J R Matthews - Director

1.	STATUTORY INFORMATION

Asset 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.

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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Stocks 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 Profit and 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.

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 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

property

property

machinery

£

£

£

COST

At 1 February 2025

529,702

163,897

1,611

Additions

43,334

-

-

Disposals

(183,509

)

-

-

At 31 January 2026

389,527

163,897

1,611

DEPRECIATION

At 1 February 2025

-

114,492

736

Charge for year

-

4,025

219

At 31 January 2026

-

118,517

955

NET BOOK VALUE

At 31 January 2026

389,527

45,380

656

At 31 January 2025

529,702

49,405

875

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 February 2025

104,758

25,750

825,718

Additions

-

-

43,334

Disposals

-

-

(183,509

)

At 31 January 2026

104,758

25,750

685,543

DEPRECIATION

At 1 February 2025

96,189

5,436

216,853

Charge for year

1,145

5,078

10,467

At 31 January 2026

97,334

10,514

227,320

NET BOOK VALUE

At 31 January 2026

7,424

15,236

458,223

At 31 January 2025

8,569

20,314

608,865

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 February 2025

100

Disposals

(100

)

At 31 January 2026

-

NET BOOK VALUE

At 31 January 2026

-

At 31 January 2025

100

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

7,210

13,920

Amounts owed by group undertakings

115,754

123,094

Other debtors

10,735

9,709

133,699

146,723

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

13,415

12,962

Trade creditors

895

9,552

Amounts owed to associates

20,958

-

Taxation and social security

13,656

17,924

Other creditors

254,449

223,624

303,373

264,062

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

29,875

45,010

Other creditors

12,400

14,920

42,275

59,930

9.	ULTIMATE CONTROLLING PARTY

The company was under the control of its directors throughout the current and previous year.

The ultimate parent undertaking is Alvechurch No 1 Limited, a company registered in England and Wales.