Storm-Fitness Limited 31/03/2025 iXBRL

Company registration number: 07228134

Storm-Fitness Limited

Unaudited abridged financial statements

31 March 2025

Storm-Fitness Limited

Contents

Directors and other information

Directors report

Accountants report

Abridged statement of comprehensive income

Abridged statement of financial position

Statement of changes in equity

Notes to the financial statements

Storm-Fitness Limited

Directors and other information


Directors	Mr Ted Winter
	Mr Spencer Davey	(Resigned 15 November 2024)


Secretary	Mr Spencer Davey


Company number	07228134


Registered office	Studio 2
	Benfield Business Park
	Newcastle upon Tyne
	Tyne and Wear
	NE6 4NQ


Business address	Studio 2
	Benfield Business Park
	Newcastle upon Tyne
	Tyne and Wear
	NE6 4NQ


Accountants	T R Dixon and Co Limited
	Chartered Certified Accountants
	Statutory Auditors
	1A Dinsdale Place
	Jesmond
	Newcastle upon Tyne
	Tyne and Wear
	NE2 1BD




	Bankers	HSBC
		110 Grey Street
		Newcastle upon Tyne
		Tyne and Wear
		NE1 6JG

Storm-Fitness Limited

Directors report

Year ended 31 March 2025

The directors present their report and the unaudited financial statements of the company for the year ended 31 March 2025.

Directors

The directors who served the company during the year were as follows:


Mr Ted Winter
Mr Spencer Davey				(Resigned 15 November 2024)

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 03 December 2025 and signed on behalf of the board by:

Mr Ted Winter

Director

Storm-Fitness Limited

Report to the board of directors on the preparation of the

unaudited statutory financial statements of Storm-Fitness Limited

Year ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Storm-Fitness Limited for the year ended 31 March 2025 which comprise the abridged statement of comprehensive income, abridged statement of financial position, statement of changes in equity and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants , we are subject to its ethical and other professional requirements.

This report is made solely to the board of directors of Storm-Fitness Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Storm-Fitness Limited and state those matters that we have agreed to state to the board of directors of Storm-Fitness Limited as a body, in this report in accordance with the ACCA to the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Storm-Fitness Limited and its board of directors as a body for our work or for this report.

It is your duty to ensure that Storm-Fitness Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Storm-Fitness Limited. You consider that Storm-Fitness Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Storm-Fitness Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

T R Dixon and Co Limited

Chartered Certified Accountants

Statutory Auditors

1A Dinsdale Place

Jesmond

Newcastle upon Tyne

Tyne and Wear

NE2 1BD

3 December 2025

Storm-Fitness Limited

Abridged statement of comprehensive income

Year ended 31 March 2025

		2025	2024
	Note	£	£

Gross profit		173,291	162,695

Administrative expenses		( 127,647)	( 104,399)
		_______	_______
Operating profit		45,644	58,296

Interest payable and similar expenses		( 3)	( 216)
		_______	_______
Profit before taxation	5	45,641	58,080

Tax on profit		( 10,454)	( 3,569)
		_______	_______
Profit for the financial year and total comprehensive income		35,187	54,511
		_______	_______

All the activities of the company are from continuing operations.

Storm-Fitness Limited

Abridged statement of financial position

31 March 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Intangible assets	6	-		-
Tangible assets	7	43,047		51,007
		_______		_______
			43,047		51,007

Current assets
Debtors		45,372		35,772
Cash at bank and in hand		27,667		25,924
		_______		_______
		73,039		61,696
Creditors: amounts falling due
within one year		( 60,957)		( 47,910)
		_______		_______
Net current assets			12,082		13,786
			_______		_______
Total assets less current liabilities			55,129		64,793

Creditors: amounts falling due
after more than one year			( 36,432)		( 46,783)
			_______		_______
Net assets			18,697		18,010
			_______		_______

Capital and reserves
Called up share capital			2,870		2,870
Share premium account			14,570		14,570
Profit and loss account			1,257		570
			_______		_______
Shareholders funds			18,697		18,010
			_______		_______

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

All of the members have consented to the preparation of the abridged statement of comprehensive income and the abridged statement of financial position for the current year ending 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements were approved by the board of directors and authorised for issue on 03 December 2025 , and are signed on behalf of the board by:

Mr Ted Winter

Director

Company registration number: 07228134

Storm-Fitness Limited

Statement of changes in equity

Year ended 31 March 2025

	Called up share capital	Share premium account	Profit and loss account	Total
	£	£	£	£


At 1 April 2023	2,870	14,570	59	17,499

Profit for the year			54,511	54,511
	_______	_______	_______	_______
Total comprehensive income for the year	-	-	54,511	54,511

Dividends paid and payable			( 54,000)	( 54,000)
	_______	_______	_______	_______
Total investments by and distributions to owners	-	-	( 54,000)	( 54,000)

	_______	_______	_______	_______
At 31 March 2024 and 1 April 2024	2,870	14,570	570	18,010

Profit for the year			35,187	35,187
	_______	_______	_______	_______
Total comprehensive income for the year	-	-	35,187	35,187

Dividends paid and payable			( 34,500)	( 34,500)
	_______	_______	_______	_______
Total investments by and distributions to owners	-	-	( 34,500)	( 34,500)

	_______	_______	_______	_______
At 31 March 2025	2,870	14,570	1,257	18,697
	_______	_______	_______	_______

Storm-Fitness Limited

Notes to the financial statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in UK. The address of the registered office is Storm-Fitness Ltd, Studio 2, Benfield Business Park, Newcastle upon Tyne, Tyne and Wear, NE6 4NQ.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:


Goodwill	-	10 %	straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.

Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Fittings fixtures and equipment	-	15 %	straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2).

5. Profit before taxation

Profit before taxation is stated after charging/(crediting):

	2025	2024
	£	£
Depreciation of tangible assets	9,664	9,306
	_______	_______

6. Intangible assets


		£
	Cost
	At 1 April 2024 and 31 March 2025	40,000
		_______
	Amortisation
	At 1 April 2024 and 31 March 2025	40,000
		_______
	Carrying amount
	At 31 March 2025	-
		_______
	At 31 March 2024	-
		_______

7. Tangible assets


		£
	Cost
	At 1 April 2024	103,967
	Additions	1,704
		_______
	At 31 March 2025	105,671
		_______
	Depreciation
	At 1 April 2024	52,960
	Charge for the year	9,664
		_______
	At 31 March 2025	62,624
		_______
	Carrying amount
	At 31 March 2025	43,047
		_______
	At 31 March 2024	51,007
		_______

8. Directors advances, credits and guarantees

	During the year the directors entered into the following advances and credits with the company:

2025
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	Mr Ted Winter	1,236	47,907	( 49,527)	( 384)
	Mr Spencer Davey	22,933	25,669	( 48,602)	-
		_______	_______	_______	_______
		24,169	73,576	( 98,129)	( 384)
		_______	_______	_______	_______

2024
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	Mr Ted Winter	11,781	43,143	( 53,688)	1,236
	Mr Spencer Davey	18,228	43,851	( 39,146)	22,933
		_______	_______	_______	_______
		30,009	86,994	( 92,834)	24,169
		_______	_______	_______	_______