Storm Communications Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 02874186

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		7,465		9,311
Investment Properties	5		148,000		148,000

			155,465		157,311
CURRENT ASSETS
Debtors	6	223,977		271,892
Cash at bank and in hand		721		402

		224,698		272,294
Creditors: Amounts Falling Due Within One Year	7	(208,151 )		(260,611 )

NET CURRENT ASSETS (LIABILITIES)			16,547		11,683

TOTAL ASSETS LESS CURRENT LIABILITIES			172,012		168,994

Creditors: Amounts Falling Due After More Than One Year	8		-		(4,401 )

NET ASSETS			172,012		164,593

CAPITAL AND RESERVES
Called up share capital			1,000		1,000
Other reserves			7		-
Profit and Loss Account			171,005		163,593

SHAREHOLDERS' FUNDS			172,012		164,593

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Storm Communications Limited

Balance Sheet (continued)

As At 31 December 2025

For the year ending 31 December 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.

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 Derek Lowe Director	Ms Amanda Williams Director
17 August 2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Storm Communications Limited is a private company, limited by shares, incorporated in England & Wales, the registered number is 02874186 . The registered office is 5 Brewery Yard Sheep Street, Stow On The Wold, Cheltenham, GL54 1AA.

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 value added taxes. Turnover includes revenue earned from the provision of services and is recogonised at the point of invoice. If the provision of services spans the financial year end, it is measured by reviewing the actual services performed against the total services to be provided and is only recognised if it can 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 and machinery	25% Reducing balance method
Fixtures and fittings	25% Reducing balance method
Computer equipment	25% Reducing balance method

2.4. Investment Properties

All investment properties are carried at fair value and reviewed annually to determine whether a revaluation is required. Changes in fair value are recognised in the profit and loss account.

2.5. Financial Instruments

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade debtors and creditors are classified as basic financial instruments and are recognised at transaction price less any impairment. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Other debtors and creditors are measured at amortised cost using the effective interest rate method.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received.

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Storm Communications Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.6. Foreign Currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.7. Taxation

The taxation expense represents the sum of the tax currently payable and deferred tax. 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.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years 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

Deferred tax has not been recognised as it is not material to the financial statements. The directors will review this annually.

2.8. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

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Storm Communications Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.9. Share Based Payment

The company operates an Enterprise Management Incentive (“EMI”) share option scheme for certain employees and directors. The scheme is accounted for as an equity-settled share-based payment arrangement.

The fair value of options granted under the scheme is determined at the date of grant using an appropriate valuation methodology, taking into account the terms and conditions upon which the options were granted.

The fair value of the options are recognised as an employee benefit expense in the profit and loss account over the vesting period, with a corresponding increase recognised within equity.

At each reporting date, the company revises its estimate of the number of options expected to vest based on service and non-market vesting conditions. The impact of any revision is recognised in the profit and loss account, with a corresponding adjustment to equity.

Where options lapse or are forfeited before vesting, any expense previously recognised in relation to those options is reversed where appropriate.

Upon exercise of the options, the proceeds received, together with amounts previously recognised in equity in relation to those options, are credited to share capital and share premium.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 17 (2024: 17)

4. Tangible Assets

	Plant and machinery	Fixtures and fittings	Computer equipment	Total
	£	£	£	£
Cost
As at 1 January 2025	186,992	2,858	6,293	196,143
Additions	-	-	854	854
Disposals	-	-	(283 )	(283 )

As at 31 December 2025	186,992	2,858	6,864	196,714

Depreciation
As at 1 January 2025	180,231	2,476	4,125	186,832
Provided during the period	1,690	96	637	2,423
Disposals	-	-	(6 )	(6 )

As at 31 December 2025	181,921	2,572	4,756	189,249

Net Book Value
As at 31 December 2025	5,071	286	2,108	7,465

As at 1 January 2025	6,761	382	2,168	9,311

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Storm Communications Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

5. Investment Property

	2025
	£
Fair Value
As at 1 January 2025 and 31 December 2025	148,000

Investment property with a cost of £109,964 was last valued in prior year at its fair value of £148,000 (2024: £148,000). The valuation was provided by the directors, who used market data to determine a fair value.

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	157,839	202,468
Other debtors	66,138	69,424

	223,977	271,892

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	57,691	126,184
Bank loans and overdrafts	38,131	50,363
Other creditors	38,233	49,681
Taxation and social security	74,096	34,383

	208,151	260,611

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	-	4,401

9. Directors Advances, Credits and Guarantees

Included within Debtors are loans made to a director. The balance at the year end was £23,453 (2024 : £22,688).

Interest was charged on the loan at rates of 2.25% and 3.75% and the loan is repayable on demand.

10. Share Option Expenses

The company operates an equity-settled share scheme for its employees. At the balance sheet date, the company had 450 share options outstanding.

The share-based payment expense to the company during the year was £7.04. Over the term of the share scheme, the total cost incurred over the relevant term will be £450 and the balance to date is £7.04.

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