Company No: 01921121 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	557,744		561,512
Investments	4	10,000		10,000
		567,744		571,512
Current assets
Stocks	5	1,200		2,000
Debtors	6	159,389		147,257
Cash at bank and in hand		110,808		46,950
		271,397		196,207
Creditors: amounts falling due within one year	7	( 570,504)		( 392,487)
Net current liabilities		(299,107)		(196,280)
Total assets less current liabilities		268,637		375,232
Creditors: amounts falling due after more than one year	8	( 55,634)		( 2,032)
Net assets		213,003		373,200
Capital and reserves
Called-up share capital	9	100		100
Revaluation reserve		200,324		200,324
Profit and loss account		12,579		172,776
Total shareholders' funds		213,003		373,200

For the financial year ending 31 October 2025 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; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Britannia Legerstar Self Store Limited (registered number: 01921121) were approved and authorised for issue by the Board of Directors on 26 October 2026. They were signed on its behalf by:

Darren James Vale Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Britannia Legerstar Self Store Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Unit C3 Cirrus Court, Bournemouth International Airport, Christchurch, BH23 6BW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.
Revenue from services is recognised as they are delivered.

Employee benefits

Defined contribution schemes
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a reducing balance basis over its expected useful life, as follows:

Leasehold improvements	not depreciated
Plant and machinery	20 % reducing balance
Vehicles	25 % reducing balance
Fixtures and fittings	20 % reducing balance
Office equipment	20 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Leases

The Company as lessee
Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	4		5

3. Tangible assets

	Leasehold improve- ments		Plant and machinery		Vehicles		Fixtures and fittings		Office equipment		Total
	£		£		£		£		£		£
Cost
At 01 November 2024	623,071		165,855		14,659		345,268		2,229		1,151,082
At 31 October 2025	623,071		165,855		14,659		345,268		2,229		1,151,082
Accumulated depreciation
At 01 November 2024	65,327		162,087		14,659		345,268		2,229		589,570
Charge for the financial year	0		3,768		0		0		0		3,768
At 31 October 2025	65,327		165,855		14,659		345,268		2,229		593,338
Net book value
At 31 October 2025	557,744		0		0		0		0		557,744
At 31 October 2024	557,744		3,768		0		0		0		561,512

4. Fixed asset investments

	Other investments		Total
	£		£
Cost or valuation before impairment
At 01 November 2024	10,000		10,000
At 31 October 2025	10,000		10,000
Carrying value at 31 October 2025	10,000		10,000
Carrying value at 31 October 2024	10,000		10,000

Investments in shares

Name of entity	Registered office	Principal activity	Class of shares	Ownership 31.10.2025	Ownership 31.10.2024
Ingrems Removals Ltd	16 Wilfred Road, Boscombe, Bournemouth, Dorset. BH5 1ND. England and Wales	Dormant company	Ordinary	99.00%	99.00%

5. Stocks

	2025		2024
	£		£
Stocks	1,200		2,000

6. Debtors

	2025		2024
	£		£
Trade debtors	43,248		49,263
Deferred tax asset	16,342		15,468
Other debtors	99,799		82,526
	159,389		147,257

7. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	0		10,456
Trade creditors	117,444		65,587
Amounts owed to Group undertakings	333,105		237,503
Corporation tax	3,438		6,161
Other taxation and social security	23,497		25,642
Other creditors	93,020		47,138
	570,504		392,487

8. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	55,634		2,032

There are no amounts included above in respect of which any security has been given by the small entity.

9. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
90 Ordinary shares of £ 1.00 each	90		90
10 Ordinary A shares of £ 1.00 each	10		10
	100		100

10. Financial commitments

Commitments

Capital commitments are as follows:

	2025		2024
	£		£
Contracted for but not provided for:
Finance leases entered into	4,337		11,771

Total future minimum lease payments under non-cancellable operating leases are as follows:

	2025		2024
	£		£
Within one year	4,337		7,434
Between one and five years	0		4,337
	4,337		11,771

Operating lease rentals are charged to the profit and loss account on a straight line basis over the lease term.