Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-3112023-01-01falseNo description of principal activity1truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09903533 2023-01-01 2023-12-31 09903533 2022-01-01 2022-12-31 09903533 2023-12-31 09903533 2022-12-31 09903533 c:Director1 2023-01-01 2023-12-31 09903533 c:Director2 2023-01-01 2023-12-31 09903533 c:Director2 2023-12-31 09903533 c:RegisteredOffice 2023-01-01 2023-12-31 09903533 d:OfficeEquipment 2023-01-01 2023-12-31 09903533 d:OfficeEquipment 2023-12-31 09903533 d:OfficeEquipment 2022-12-31 09903533 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 09903533 d:ComputerEquipment 2023-01-01 2023-12-31 09903533 d:ComputerEquipment 2023-12-31 09903533 d:ComputerEquipment 2022-12-31 09903533 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 09903533 d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 09903533 d:CurrentFinancialInstruments 2023-12-31 09903533 d:CurrentFinancialInstruments 2022-12-31 09903533 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 09903533 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 09903533 d:ShareCapital 2023-12-31 09903533 d:ShareCapital 2022-12-31 09903533 d:RetainedEarningsAccumulatedLosses 2023-12-31 09903533 d:RetainedEarningsAccumulatedLosses 2022-12-31 09903533 c:OrdinaryShareClass1 2023-01-01 2023-12-31 09903533 c:OrdinaryShareClass1 2023-12-31 09903533 c:OrdinaryShareClass1 2022-12-31 09903533 c:FRS102 2023-01-01 2023-12-31 09903533 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 09903533 c:FullAccounts 2023-01-01 2023-12-31 09903533 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 09903533 e:PoundSterling 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 09903533














STORMWARNING LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

 
STORMWARNING LIMITED
 
 
COMPANY INFORMATION


Directors
T S Spicer 
P A Amos (appointed 1 April 2023)




Registered number
09903533



Registered office
2nd Floor Connaught House
1-3 Mount Street

London

W1K 3NB




Accountants
Sopher + Co LLP
Chartered Accountants

5 Elstree Gate

Elstree Way

Borehamwood

Hertfordshire

WD6 1JD





 
STORMWARNING LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
1
Notes to the Financial Statements
 
2 - 5


 
STORMWARNING LIMITED
Registered number:09903533

STATEMENT OF FINANCIAL POSITION
As at 31 December 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 3 
7,186
10,371

Current assets
  

Debtors: amounts falling due within one year
 4 
4,364
14,207

Cash at bank and in hand
  
6,151
1,000

  
10,515
15,207

Current liabilities
  

Creditors: amounts falling due within one year
 5 
(729,702)
(611,500)

Net current liabilities
  
 
 
(719,187)
 
 
(596,293)

  

Net liabilities
  
(712,001)
(585,922)


Capital and reserves
  

Called up share capital 
 6 
1
1

Profit and loss account
  
(712,002)
(585,923)

  
(712,001)
(585,922)


The Directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and 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 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.

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 statement of comprehensive income 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 10 September 2024.




T S Spicer
Director

The notes on pages 2 to 5 form part of these financial statements.

Page 1

 
STORMWARNING LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 31 December 2023

1.


General information

Stormwarning Ltd is a limited liability company registered in England and Wales. Its registered office is at 2nd Floor 1-3 Mount Street, London, W1K 3NB. 
The principal activity of the Company is that of consultancy.
The financial statements are presented in £ sterling, which is the functional currency of the Company. 

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The Company has net current liabilities and net liabilities as at balance sheet date. The Shareholder has provided assurance that funds will be made available to the Company so that it will be able to carry on trading and meet its financial obligations as and when they fall due for at least twelve months from the date the accounts are approved. The accounts have been prepared under going concern on this basis.

 
2.3

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:
Turnover is recognised as per the contractual agreements.  

Page 2

 
STORMWARNING LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 31 December 2023

2.Accounting policies (continued)

 
2.4

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.

At each reporting date the Company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment
-
25%
Computer equipment
-
25%

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.

 
2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Page 3

 
STORMWARNING LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 31 December 2023

3.


Tangible fixed assets





Office equipment
Computer equipment
Total

£
£
£



Cost or valuation


At 1 January 2023
2,515
15,129
17,644


Additions
-
584
584



At 31 December 2023

2,515
15,713
18,228



Depreciation


At 1 January 2023
1,942
5,332
7,274


Charge for the year on owned assets
390
3,378
3,768



At 31 December 2023

2,332
8,710
11,042



Net book value



At 31 December 2023
183
7,003
7,186



At 31 December 2022
574
9,797
10,371


4.


Debtors

2023
2022
£
£


Other debtors
1,458
-

Prepayments and accrued income
2,906
14,207



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
2,812
2,591

Other taxation and social security
2,892
3,165

Other creditors
718,848
600,994

Accruals and deferred income
5,150
4,750

729,702
611,500


Page 4

 
STORMWARNING LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 31 December 2023

6.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



1 (2022 - 1) Ordinary share of £1
1
1



7.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company  in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £1,147 (2022 - £890). Contributions totaling £223 (2022 - £223) were payable to the fund at the reporting date and are included in creditors.

Page 5