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Registered number: 10048492
Perfect Storm Marketing Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2026
Accountancy Extra
33 Harrison Road
Halifax
HX1 2AF
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10048492
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 53,160 63,291
53,160 63,291
CURRENT ASSETS
Debtors 5 1,528,657 1,677,983
Cash at bank and in hand 466,575 139,540
1,995,232 1,817,523
Creditors: Amounts Falling Due Within One Year 6 (434,401 ) (424,923 )
NET CURRENT ASSETS (LIABILITIES) 1,560,831 1,392,600
TOTAL ASSETS LESS CURRENT LIABILITIES 1,613,991 1,455,891
NET ASSETS 1,613,991 1,455,891
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account 1,613,989 1,455,889
SHAREHOLDERS' FUNDS 1,613,991 1,455,891
Page 1
Page 2
For the year ending 31 March 2026 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Adam Errington
Director
14/08/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Perfect Storm Marketing Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10048492 . The registered office is 4th Floor 36-38 Calls Landing, The Calls, Leeds, West Yorkshire, England, LS2 7EW.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 15% WDV
Fixtures & Fittings 15% WDV
Computer Equipment 50% SLM
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 22 (2025: 19)
22 19
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2025 12,979 65,094 33,662 111,735
Additions - 431 3,034 3,465
As at 31 March 2026 12,979 65,525 36,696 115,200
Depreciation
As at 1 April 2025 4,815 15,596 28,033 48,444
Provided during the period 1,224 7,479 4,893 13,596
As at 31 March 2026 6,039 23,075 32,926 62,040
Net Book Value
As at 31 March 2026 6,940 42,450 3,770 53,160
As at 1 April 2025 8,164 49,498 5,629 63,291
5. Debtors
2026 2025
£ £
Due within one year
Trade debtors 648,024 845,765
Prepayments and accrued income 28,027 21,403
Other debtors 12,981 12,981
Directors' loan accounts 39,019 47,228
728,051 927,377
Due after more than one year
Related Party Loan - Perfect Storm Property 800,606 750,606
1,528,657 1,677,983
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 83,991 90,372
Corporation tax 111,770 114,667
Other taxes and social security 30,038 21,893
VAT 79,739 75,759
Company credit card (2,934 ) 21,808
Rounding (2 ) -
Accruals and deferred income 131,799 100,424
434,401 424,923
Page 4
Page 5
7. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 2 2
Page 5