Company No: 05745106 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

		2026		2025
		£		£
				Restated - note 2
Fixed assets		40,971		41,298
Current assets		610,315		612,381
Prepayments and accrued income		14,159		8,498
Creditors: amounts falling due within one year		( 21,323)		( 46,469)
Net current assets		603,151		574,410
Total assets less current liabilities		644,122		615,708
Creditors: amounts falling due after more than one year		-		( 2,500)
Provisions for liabilities		( 13,000)		( 13,000)
Accruals and deferred income		( 3,290)		( 3,663)
Net assets		627,832		596,545
Capital and reserves		627,832		596,545

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 financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements;
• These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime;
• These financial statements have been delivered in accordance with the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Store IT (IOW) Ltd (registered number: 05745106) were approved and authorised for issue by the Board of Directors on 02 September 2026 and were signed on its behalf by:

Darren Phelps Director

1. Company information

The Company is a private company limited by shares and is incorporated in the United Kingdom and registered in England and Wales (Company no. 05745106). The address of its registered office is Unit B1, Whitecross Business, Centre, Whitecross Lane, Shanklin, PO37 7EJ, United Kingdom.

2. Prior year adjustment

The company satisfies the requirements to use FRS 105, the Financial Reporting Standard applicable to the Micro-Entities Regime and the directors have made the decision to transition to this reporting standard in the year ended 31 March 2026. The only adjustment required to the financial statements as a result of this transition was to remove deferred taxation. The comparatives have, therefore been updated to remove this provision.

		As previously reported		Adjustment		As restated
Year ended 31 March 2025		£		£		£
Deferred tax liability, included in provisions for liabilities		(7,847)		7,847		0
Capital and reserves		588,698		7,847		596,545

3. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the financial year, including directors	2		2

4. Guarantees and other financial commitments

Other financial commitments

	2026		2025
	£		£
Total commitments under non-cancellable operating leases not provided for in the accounts	28,000		96,000