CLIMBMUZ C.I.C.

Company Registration Number:
14530345 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 8 December 2022

End date: 31 December 2023

CLIMBMUZ C.I.C.

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

CLIMBMUZ C.I.C.

Balance sheet

As at 31 December 2023

Notes 13 months to 31 December 2023


£
Fixed assets
Tangible assets: 3 48
Total fixed assets: 48
Current assets
Cash at bank and in hand: 3,728
Total current assets: 3,728
Creditors: amounts falling due within one year: 4 ( 4,059 )
Net current assets (liabilities): (331)
Total assets less current liabilities: (283)
Creditors: amounts falling due after more than one year:   0
Total net assets (liabilities): (283)
Capital and reserves
Called up share capital: 1
Profit and loss account: (284 )
Total Shareholders' funds: ( 283 )

The notes form part of these financial statements

CLIMBMUZ C.I.C.

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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 directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 6 August 2024
and signed on behalf of the board by:

Name: Siddrah Aslam
Status: Director

The notes form part of these financial statements

CLIMBMUZ C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Tangible assets are stated at cost (or deemed cost) less accumulated depreciation and accumulated impairment losses.Depreciation on assets is calculated, using the straight-line method, to allocate the cost to their residual values over their estimated useful lives, as follows:Computer Equipment 5 yearsThe assets’ residual values and useful lives are reviewed, and adjusted, if appropriate, at the end of each reporting period. The effect of any change is accounted for prospectively.

CLIMBMUZ C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    13 months to 31 December 2023
    Average number of employees during the period 0

CLIMBMUZ C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 60 60
Disposals
Revaluations
Transfers
At 31 December 2023 60 60
Depreciation
Charge for year 12 12
On disposals
Other adjustments
At 31 December 2023 12 12
Net book value
At 31 December 2023 48 48

CLIMBMUZ C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Creditors: amounts falling due within one year note

13 months to 31 December 2023
£
Accruals and deferred income 4,059
Total 4,059

COMMUNITY INTEREST ANNUAL REPORT

CLIMBMUZ C.I.C.

Company Number: 14530345 (England and Wales)

Year Ending: 31 December 2023

Company activities and impact

Throughout the financial year funding has supported us to provide to climbing trips, one to Portland and one to the Peak District. This has given the ClimbMuz community the opportunity to experience climbing outside for the first time, build relationships and expand their comfort zone. We have been able to provide equipment for those who may not be able to afford this by using funded money and developing relationships with climbing companies to provide this at an affordable price. We have also been able to subsidise the cost of entry to our exclusive women only events to make this accessible for new and existing members. Furthermore, we also sent people on courses to expand their skill set.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

The aggregate amount of emoluments paid to or receivable by directors in respect of qualifying services was £300. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for a director’s loss of office.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
6 August 2024

And signed on behalf of the board by:
Name: Siddrah Aslam
Status: Director