IRIS Accounts Production v24.1.0.578 11878558 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh118785582023-03-31118785582024-03-31118785582023-04-012024-03-31118785582022-03-31118785582022-04-012023-03-31118785582023-03-3111878558ns15:EnglandWales2023-04-012024-03-3111878558ns14:PoundSterling2023-04-012024-03-3111878558ns10:Director12023-04-012024-03-3111878558ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3111878558ns10:SmallEntities2023-04-012024-03-3111878558ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3111878558ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3111878558ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3111878558ns10:FullAccounts2023-04-012024-03-3111878558ns10:Director22023-04-012024-03-3111878558ns10:RegisteredOffice2023-04-012024-03-3111878558ns5:CurrentFinancialInstruments2024-03-3111878558ns5:CurrentFinancialInstruments2023-03-3111878558ns5:Non-currentFinancialInstruments2024-03-3111878558ns5:Non-currentFinancialInstruments2023-03-3111878558ns5:ShareCapital2024-03-3111878558ns5:ShareCapital2023-03-3111878558ns5:RetainedEarningsAccumulatedLosses2024-03-3111878558ns5:RetainedEarningsAccumulatedLosses2023-03-3111878558ns5:FurnitureFittings2023-04-012024-03-3111878558ns5:MotorVehicles2023-04-012024-03-3111878558ns5:ComputerEquipment2023-04-012024-03-3111878558ns5:FurnitureFittings2023-03-3111878558ns5:MotorVehicles2023-03-3111878558ns5:ComputerEquipment2023-03-3111878558ns5:FurnitureFittings2024-03-3111878558ns5:MotorVehicles2024-03-3111878558ns5:ComputerEquipment2024-03-3111878558ns5:FurnitureFittings2023-03-3111878558ns5:MotorVehicles2023-03-3111878558ns5:ComputerEquipment2023-03-3111878558ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3111878558ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-31
REGISTERED NUMBER: 11878558 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31 March 2024

for

G-Storm Scaffolding Limited

G-Storm Scaffolding Limited (Registered number: 11878558)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


G-Storm Scaffolding Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: A Storm
Z Storm





REGISTERED OFFICE: 31 Graythorp Industrial Estate
Hartlepool
TS25 2DF





REGISTERED NUMBER: 11878558 (England and Wales)





ACCOUNTANTS: Wasley Chapman LLP
Chartered Accountants
7 Eggleston Court
Riverside Park
Middlesbrough
TS2 1RU

G-Storm Scaffolding Limited (Registered number: 11878558)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 278,410 106,864

CURRENT ASSETS
Stocks 25,000 25,000
Debtors 5 53,629 26,501
Cash at bank 114,738 48,107
193,367 99,608
CREDITORS
Amounts falling due within one year 6 56,659 21,853
NET CURRENT ASSETS 136,708 77,755
TOTAL ASSETS LESS CURRENT
LIABILITIES

415,118

184,619

CREDITORS
Amounts falling due after more than one
year

7

(214,911

)

(85,788

)

PROVISIONS FOR LIABILITIES (50,947 ) -
NET ASSETS 149,260 98,831

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 149,160 98,731
149,260 98,831

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

G-Storm Scaffolding Limited (Registered number: 11878558)

Balance Sheet - continued
31 March 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 April 2024 and were signed on its behalf by:





A Storm - Director


G-Storm Scaffolding Limited (Registered number: 11878558)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

G-Storm Scaffolding 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

G-Storm Scaffolding Limited (Registered number: 11878558)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2023 - 115,353 3,817 119,170
Additions 13,095 197,315 2,403 212,813
Disposals - (5,868 ) - (5,868 )
At 31 March 2024 13,095 306,800 6,220 326,115
DEPRECIATION
At 1 April 2023 - 11,543 763 12,306
Charge for year 1,255 36,220 1,008 38,483
Eliminated on disposal - (3,084 ) - (3,084 )
At 31 March 2024 1,255 44,679 1,771 47,705
NET BOOK VALUE
At 31 March 2024 11,840 262,121 4,449 278,410
At 31 March 2023 - 103,810 3,054 106,864

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 36,638 15,788
Other debtors 16,991 10,713
53,629 26,501

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 2,500 2,500
Hire purchase contracts 23,305 12,246
Trade creditors 2,265 6,333
Taxation and social security 559 (26,669 )
Other creditors 28,030 27,443
56,659 21,853

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 16,667 19,167
Hire purchase contracts 198,244 66,621
214,911 85,788