Moorspace Storage Co Limited

(Registration number: 12366592)
Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	278,224	53,669
Current assets
Debtors	5	69,355	2,814
Cash at bank and in hand		16,356	26,815
		85,711	29,629
Creditors: Amounts falling due within one year	6	(91,295)	(49,475)
Net current liabilities		(5,584)	(19,846)
Total assets less current liabilities		272,640	33,823
Creditors: Amounts falling due after more than one year	6	(263,666)	(20,500)
Provisions for liabilities		(16,243)	(9,950)
Net (liabilities)/assets		(7,269)	3,373
Capital and reserves
Called up share capital		100	100
Retained earnings		(7,369)	3,273
Shareholders' (deficit)/funds		(7,269)	3,373

For the financial year ending 31 March 2026 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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Moorspace Storage Co Limited

(Registration number: 12366592)
Balance Sheet as at 31 March 2026

Approved and authorised by the Board on 6 August 2026 and signed on its behalf by:
 

C Betts Director

Moorspace Storage Co Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Victoria Court
91 Huddersfield Road
Holmfirth
West Yorshire
HD9 3JA
England

These financial statements were authorised for issue by the Board on 6 August 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with the Financial Reporting Standard 102 Section 1A smaller entities - "The financial Reporting Standards applicable in the United Kingdon and the Republic of Ireland" and the Companies Act 2006 (as applicable to Companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the rent of units in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Moorspace Storage Co Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures and fittings	33% on straight line
Plant and machinery	25% on reducing balance
Office equipment	15% on straight line
Leasehold improvements	5% on straight line

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Moorspace Storage Co Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Moorspace Storage Co Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2025 - 2).

Moorspace Storage Co Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

4	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 April 2025	4,478	119,555	124,033
Additions	202,581	39,682	242,263
At 31 March 2026	207,059	159,237	366,296
Depreciation
At 1 April 2025	448	69,916	70,364
Charge for the year	2,910	14,798	17,708
At 31 March 2026	3,358	84,714	88,072
Carrying amount
At 31 March 2026	203,701	74,523	278,224
At 31 March 2025	4,030	49,639	53,669

	Long leasehold land and buildings £	Fixtures and fittings £	Plant and machinery £	Office equipment £	Total £
Cost or valuation
At 1 April 2025	4,478	3,499	115,517	539	124,033
Additions	202,581	7,568	30,833	1,281	242,263
At 31 March 2026	207,059	11,067	146,350	1,820	366,296
Depreciation
At 1 April 2025	448	2,729	66,783	404	70,364
Charge for the year	2,910	1,270	13,378	150	17,708
At 31 March 2026	3,358	3,999	80,161	554	88,072
Carrying amount
At 31 March 2026	203,701	7,068	66,189	1,266	278,224
At 31 March 2025	4,030	770	48,734	135	53,669

Moorspace Storage Co Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

5

Debtors

	2026 £	2025 £
Trade debtors	237	1,186
Prepayments	4,658	1,608
Other debtors	64,460	20
	69,355	2,814

Moorspace Storage Co Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

6

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Due within one year
Loans and borrowings		500	2,000
Trade creditors		67,883	-
Taxation and social security		723	9,236
Accruals and deferred income		16,389	33,349
Other creditors		5,800	4,890
		91,295	49,475

Creditors: amounts falling due after more than one year

	Note	2026 £	2025 £
Due after one year
Loans and borrowings		-	500
Other financial liabilities		263,666	20,000
		263,666	20,500

7	Related party transactions

Transactions with directors

2026	At 1 April 2025 £	Advances to director £	At 31 March 2026 £
C Betts
No interest has been charged. There are no conditions attached to this loan.	-	6,609	6,609

Moorspace Storage Co Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

2025	At 1 April 2024 £	Repayments by director £	At 31 March 2025 £
C Betts
No interest has been charged. There are no conditions attached to this loan.	829	(829)	-