Registered number
05879248
Storm & Galanz (UK) Limited
Unaudited Filleted Accounts
30 April 2024
Storm & Galanz (UK) Limited
Registered number: 05879248
Balance Sheet
as at 30 April 2024
Notes 2024 2023
£ £
Current assets
Cash at bank and in hand 2 2
Creditors: amounts falling due within one year 3 (3,308) (3,158)
Net current liabilities (3,306) (3,156)
Net liabilities (3,306) (3,156)
Capital and reserves
Called up share capital 2 2
Profit and loss account (3,308) (3,158)
Shareholder's funds (3,306) (3,156)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Ms Marlar Aung
Director
Approved by the board on 30 December 2024
Storm & Galanz (UK) Limited
Notes to the Accounts
for the year ended 30 April 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Going concern
These accounts have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to financially support the company during this uncertain period.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Creditors: amounts falling due within one year 2024 2023
£ £
Other creditors 3,308 3,158
4 Related party transactions
The company is under the control of the director, Ms Marlar Aung by virtue of her shareholdings in the company.
5 Other information
Storm & Galanz (UK) Limited is a private company limited by shares and incorporated in England. Its registered office is:
114 Hamlet Court Road
Westcliff on Sea
Essex
SS0 7LP
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