Storm Franchising Ltd 13213206 true 2022-03-01 2023-02-28 2023-02-28 The principal activity of the company is 77400 - Leasing of intellectual property and similar products, except copyright works Digita Accounts Production Advanced 6.30.9574.0 true Mr Liam Rayner false 13213206 2022-03-01 2023-02-28 13213206 2023-02-28 13213206 bus:OrdinaryShareClass1 bus:CumulativeShares 2023-02-28 13213206 core:ShareCapital 2023-02-28 13213206 bus:FRS102 2022-03-01 2023-02-28 13213206 bus:AuditExempt-NoAccountantsReport 2022-03-01 2023-02-28 13213206 bus:FullAccounts 2022-03-01 2023-02-28 13213206 bus:RegisteredOffice 2022-03-01 2023-02-28 13213206 bus:Director1 2022-03-01 2023-02-28 13213206 bus:OrdinaryShareClass1 bus:CumulativeShares 2022-03-01 2023-02-28 13213206 bus:EntityHasNeverTraded 2022-03-01 2023-02-28 13213206 bus:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 13213206 countries:EnglandWales 2022-03-01 2023-02-28 13213206 2022-02-28 13213206 bus:OrdinaryShareClass1 bus:CumulativeShares 2022-02-28 13213206 core:ShareCapital 2022-02-28 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 13213206

Storm Franchising Ltd
Annual Report and Unaudited Financial Statements
for the Year Ended 28 February 2023

Storm Franchising Ltd

Profit and Loss Account for the Year Ended 28 February 2023

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

Storm Franchising Ltd

(Registration number: 13213206)
Balance Sheet as at 28 February 2023

| Note | 2023 £ | 2022 £
Current assets |  |  |
Cash at bank and in hand |  | 1 | 1
Capital and reserves |  |  |
Called up share capital | 4 | 1 | 1
Shareholders' funds |  | 1 | 1

For the financial year ending 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

For the financial year ending 28 February 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's 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 director acknowledges his 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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 12 September 2023

......................................... Mr Liam Rayner Director

Storm Franchising Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2023

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:
1 Pontisbright Cottages
Spring Gardens Rd
Chappel
Colchester
Essex

These financial statements were authorised for issue by the director on 12 September 2023.

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 Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and 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

Going concern

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

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.

Storm Franchising Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2023 (continued)

3 | Cash and cash equivalents

| 2023 £ | 2022 £
Cash at bank | 1 | 1

4 | Share capital

Allotted, called up and fully paid shares

| 2023 | 2022
| No. | £ | No. | £
Ordinary Share Capital of £1 each | 1 | 1 | 1 | 1