Company Registration No. 11667611 (England and Wales)
Storm Engineering (Midlands) Limited
Unaudited accounts
for the year ended 31 March 2024
Storm Engineering (Midlands) Limited
Unaudited accounts
Contents
Storm Engineering (Midlands) Limited
Company Information
for the year ended 31 March 2024
Director
Simon David Elliott
Company Number
11667611 (England and Wales)
Registered Office
9 Duesbury Court
Mickleover
Derby
Derbyshire
DE3 0UP
England
Storm Engineering (Midlands) Limited
Statement of financial position
as at 31 March 2024
Tangible assets
23,331
29,484
Cash at bank and in hand
25,020
19,938
Creditors: amounts falling due within one year
(37,484)
(40,823)
Net current assets/(liabilities)
4,798
(7,200)
Total assets less current liabilities
28,129
22,284
Creditors: amounts falling due after more than one year
(12,263)
(17,037)
Called up share capital
1
1
Profit and loss account
15,865
5,246
Shareholders' funds
15,866
5,247
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 October 2024 and were signed on its behalf by
Simon David Elliott
Director
Company Registration No. 11667611
Storm Engineering (Midlands) Limited
Notes to the Accounts
for the year ended 31 March 2024
Storm Engineering (Midlands) Limited is a private company, limited by shares, registered in England and Wales, registration number 11667611. The registered office is 9 Duesbury Court, Mickleover, Derby, Derbyshire, DE3 0UP, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% reducing balance
Motor vehicles
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2023
21,304
28,700
50,004
At 31 March 2024
21,304
28,700
50,004
At 1 April 2023
9,746
10,774
20,520
Charge for the year
1,734
4,419
6,153
At 31 March 2024
11,480
15,193
26,673
At 31 March 2024
9,824
13,507
23,331
At 31 March 2023
11,558
17,926
29,484
Amounts falling due within one year
Trade debtors
13,208
13,685
Storm Engineering (Midlands) Limited
Notes to the Accounts
for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
1,152
1,200
Obligations under finance leases and hire purchase contracts
5,283
5,283
Trade creditors
1,799
2,182
Taxes and social security
13,729
12,104
Loans from directors
-
7,197
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
5,573
10,061
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).