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REGISTERED NUMBER: 05058360 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

Storm Internet Limited

Storm Internet Limited (Registered number: 05058360)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Storm Internet Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: S Benadel
H Benadel





REGISTERED OFFICE: 1 Canal View Wharf Farm
Eynsham Road
Cassington
Oxfordshire
OX29 4DB





REGISTERED NUMBER: 05058360 (England and Wales)





ACCOUNTANTS: Chapman Robinson and Moore Limited
30 Bankside Court
Stationfields
Kidlington
Oxford
OX5 1JE

Storm Internet Limited (Registered number: 05058360)

Balance Sheet
30 September 2024

30/9/24 30/9/23
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 72,685 55,289
72,685 55,289

CURRENT ASSETS
Cash at bank 296,436 245,358

CREDITORS
Amounts falling due within one year 6 (49,752 ) (49,290 )
NET CURRENT ASSETS 246,684 196,068
TOTAL ASSETS LESS CURRENT LIABILITIES 319,369 251,357

CAPITAL AND RESERVES
Called up share capital 101 101
Retained earnings 319,268 251,256
319,369 251,357

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 November 2024 and were signed on its behalf by:



S Benadel - Director


Storm Internet Limited (Registered number: 05058360)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Storm Internet 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated losses.

Patents and licences are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 15% on cost

Taxation
Taxation for the year comprises of current tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 10 ) .

Storm Internet Limited (Registered number: 05058360)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 October 2023
and 30 September 2024 1,727
AMORTISATION
At 1 October 2023
and 30 September 2024 1,727
NET BOOK VALUE
At 30 September 2024 -
At 30 September 2023 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2023 222,295
Additions 32,989
At 30 September 2024 255,284
DEPRECIATION
At 1 October 2023 167,006
Charge for year 15,593
At 30 September 2024 182,599
NET BOOK VALUE
At 30 September 2024 72,685
At 30 September 2023 55,289

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/24 30/9/23
£    £   
Trade creditors - 7,945
Taxation and social security 49,752 41,345
49,752 49,290