Company Registration No. 05535841 (England and Wales)
ITStorm Ltd
Unaudited accounts
for the year ended 31 August 2025
ITStorm Ltd
Unaudited accounts
Contents
ITStorm Ltd
Company Information
for the year ended 31 August 2025
Directors
David Urquhart
Donna Urquhart
Company Number
05535841 (England and Wales)
Registered Office
I T Storm Ltd
Office 1, 10 Earlstrees Court
Earlstrees Industrial Estate
Corby
Northamptonshire
NN17 4AX
England
Accountants
Donna Urquhart - ITStorm Ltd
10 Earlstrees Court
Earlstrees Industrial Estate
CORBY
Northants
NN17 4AX
ITStorm Ltd
Statement of financial position
as at 31 August 2025
Cash at bank and in hand
(7,158)
4,561
Creditors: amounts falling due within one year
(56,228)
(35,121)
Net current liabilities
(39,216)
(5,334)
Total assets less current liabilities
(31,341)
(5,059)
Provisions for liabilities
Net liabilities
(31,429)
(5,147)
Called up share capital
100
100
Profit and loss account
(31,529)
(5,247)
Shareholders' funds
(31,429)
(5,147)
For the year ending 31 August 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 31 May 2026 and were signed on its behalf by
David Urquhart
Director
Company Registration No. 05535841
ITStorm Ltd
Notes to the Accounts
for the year ended 31 August 2025
ITStorm Ltd is a private company, limited by shares, registered in England and Wales, registration number 05535841. The registered office is I T Storm Ltd, Office 1, 10 Earlstrees Court, Earlstrees Industrial Estate, Corby, Northamptonshire, NN17 4AX, 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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% on cost
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 September 2024
-
1,103
1,103
Additions
6,000
2,320
8,320
At 31 August 2025
6,000
3,423
9,423
At 1 September 2024
-
828
828
Charge for the year
300
420
720
At 31 August 2025
300
1,248
1,548
At 31 August 2025
5,700
2,175
7,875
At 31 August 2024
-
275
275
ITStorm Ltd
Notes to the Accounts
for the year ended 31 August 2025
Amounts falling due within one year
Trade debtors
20,783
21,997
Accrued income and prepayments
2,791
2,548
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
9,061
10,836
Taxes and social security
1,003
202
Other creditors
15,069
4,603
Loans from directors
32,575
17,153
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
The company was under the control of its directors who held 100% of the issued share capital throughout the year.
9
Average number of employees
During the year the average number of employees was 4 (2024: 4).