REGISTERED NUMBER: 01726230 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Storage City Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M S Oldershaw

S H Oldershaw

C G Smith

REGISTERED OFFICE:

Export Drive

Fulwood Industrial Estate

Sutton In Ashfield

Nottinghamshire

NG17 6AF

REGISTERED NUMBER:

01726230 (England and Wales)

ACCOUNTANTS:

D. K. Rumsby & Co Limited

3 Colwick Quays

Colwick

Nottingham

Nottinghamshire

NG4 2JY

FIXED ASSETS

Tangible assets

4

70,283

71,566

CURRENT ASSETS

Debtors

5

394,646

310,354

Cash at bank and in hand

142,541

196,936

537,187

507,290

CREDITORS

Amounts falling due within one year

6

(155,253

)

(175,772

)

NET CURRENT ASSETS

381,934

331,518

TOTAL ASSETS LESS CURRENT LIABILITIES

452,217

403,084

PROVISIONS FOR LIABILITIES

(17,232

)

(16,361

)

NET ASSETS

434,985

386,723

CAPITAL AND RESERVES

Called up share capital

8

10,000

10,000

Retained earnings

424,985

376,723

SHAREHOLDERS' FUNDS

434,985

386,723

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 June 2026 and were signed on its behalf by:

M S Oldershaw - Director

S H Oldershaw - Director

1.	STATUTORY INFORMATION

Storage City 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 represents net invoiced sales of goods and services, excluding value added tax.

Tangible fixed assets

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

Improvements to property

-

10% on reducing balance

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

221,392

Additions

11,306

At 31 December 2025

232,698

DEPRECIATION

At 1 January 2025

149,826

Charge for year

12,589

At 31 December 2025

162,415

NET BOOK VALUE

At 31 December 2025

70,283

At 31 December 2024

71,566

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

92,099

87,508

Amounts owed by group undertakings

300,602

221,106

Other debtors

1,945

1,740

394,646

310,354

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

5,014

3,028

Amounts owed to group undertakings

-

44,353

Taxation and social security

78,620

69,100

Other creditors

71,619

59,291

155,253

175,772

7.	LEASING AGREEMENTS

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

31.12.25

31.12.24

£

£

Within one year

9,338

12,881

Between one and five years

3,545

12,883

12,883

25,764

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

10,000

Ordinary

£1

10,000

10,000

9.	CONTINGENT LIABILITIES

The company has given a guarantee to National Westminster Bank Plc in respect of the borrowings of it's parent undertaking, TPS Group Holdings (S-in-A) Limited, limited to £200,000 (2024 - £200,000).

10.	ULTIMATE PARENT COMPANY

Oldershaw Holdings Limited is regarded by the directors as being the company's ultimate parent company.