Caseware UK (AP4) 2022.0.179 2022.0.179 2023-02-282023-02-28truetrue02022-03-01trueNo description of principal activity0 10007635 2022-03-01 2023-02-28 10007635 2021-03-01 2022-02-28 10007635 2023-02-28 10007635 2022-02-28 10007635 c:Director1 2022-03-01 2023-02-28 10007635 d:OfficeEquipment 2022-03-01 2023-02-28 10007635 d:OfficeEquipment 2023-02-28 10007635 d:OfficeEquipment 2022-02-28 10007635 d:CurrentFinancialInstruments 2023-02-28 10007635 d:CurrentFinancialInstruments 2022-02-28 10007635 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 10007635 d:CurrentFinancialInstruments d:WithinOneYear 2022-02-28 10007635 d:ShareCapital 2023-02-28 10007635 d:ShareCapital 2022-02-28 10007635 d:RetainedEarningsAccumulatedLosses 2023-02-28 10007635 d:RetainedEarningsAccumulatedLosses 2022-02-28 10007635 c:EntityNoLongerTradingButTradedInPast 2022-03-01 2023-02-28 10007635 c:FRS102 2022-03-01 2023-02-28 10007635 c:AuditExempt-NoAccountantsReport 2022-03-01 2023-02-28 10007635 c:FullAccounts 2022-03-01 2023-02-28 10007635 c:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 iso4217:GBP xbrli:pure

Registered number: 10007635









STORMTECH LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 28 FEBRUARY 2023

 
STORMTECH LTD
REGISTERED NUMBER: 10007635

BALANCE SHEET
AS AT 28 FEBRUARY 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 3 
340
340

  
340
340

Current assets
  

Cash at bank and in hand
 4 
10
37

  
10
37

Creditors: amounts falling due within one year
 5 
(5,359)
(5,386)

Net current liabilities
  
 
 
(5,349)
 
 
(5,349)

Total assets less current liabilities
  
(5,009)
(5,009)

  

Net liabilities
  
(5,009)
(5,009)


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
(5,010)
(5,010)

  
(5,009)
(5,009)


For the year ended 28 February 2023 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 27 November 2023.

Farhad Ali
Director
Page 1

 
STORMTECH LTD
REGISTERED NUMBER: 10007635
    
BALANCE SHEET (CONTINUED)
AS AT 28 FEBRUARY 2023


The notes on pages 3 to 4 form part of these financial statements.

Page 2

 
STORMTECH LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

1.


General information

The company is limited by shares and incorporated in England. The address of the registerd office is
given in the company information page of these financial statements. The company's principal activity is
that of provision of IT consultancy services.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

 
2.2

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Office equipment
-
25%
on a reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.3

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.4

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 3

 
STORMTECH LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

3.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 March 2022
807



At 28 February 2023

807



Depreciation


At 1 March 2022
467



At 28 February 2023

467



Net book value



At 28 February 2023
340



At 28 February 2022
340


4.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
10
37

10
37



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other taxation and social security
760
760

Other creditors
4,359
4,386

Accruals and deferred income
240
240

5,359
5,386


Page 4