Hire Storm Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 09553528 (England and Wales)

FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2016 TO 30 MARCH 2017

FOR

HIRE STORM LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

E Chapman

A Vithani

REGISTERED OFFICE:

Northern and Shell Building

10 Lower Thames Street

London

EC3R 6EN

REGISTERED NUMBER:

09553528 (England and Wales)

ACCOUNTANTS:

Nunn Hayward LLP

Chartered Accountants

Sterling House

20 Station Road

Gerrards Cross

Buckinghamshire

SL9 8EL

CURRENT ASSETS

Debtors

4

13,056

100

Cash at bank

5,382

-

18,438

100

CREDITORS

Amounts falling due within one year

5

14,912

-

NET CURRENT ASSETS

3,526

100

TOTAL ASSETS LESS CURRENT LIABILITIES

3,526

100

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

3,426

-

SHAREHOLDERS' FUNDS

3,526

100

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 March 2017.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 March 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 21 March 2018 and were signed on its behalf by:

E Chapman - Director

1.	STATUTORY INFORMATION

Hire Storm Limited is a private company, limited by shares , registered in England and Wales. The company's registered

number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value

added tax and other sales taxes.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent

that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively

enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet

date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in

which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been

enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be

recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Other debtors

13,056

100

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Taxation and social security

856

-

Other creditors

14,056

-

14,912

-

6.	FIRST YEAR ADOPTION

This is the first year that the company has presented its financial statements in accordance with the provisions of Section

1A 'Small Entities' of Financial Reporting Standard 102 'The Financial Reporting Framework applicable in the UK and

Republic of Ireland' (FRS 102 1A). For financial years up to and including the year ended 31 March 2016 the company

prepared its financial statements in accordance with the old UK GAAP.

There were no changes to the previously reported results on transition to FRS 102.