IRIS Accounts Production v24.2.0.383 09301222 director 1.12.22 30.11.23 30.11.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh093012222022-11-30093012222023-11-30093012222022-12-012023-11-30093012222021-11-30093012222021-12-012022-11-30093012222022-11-3009301222ns15:EnglandWales2022-12-012023-11-3009301222ns14:PoundSterling2022-12-012023-11-3009301222ns10:Director12022-12-012023-11-3009301222ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3009301222ns10:SmallEntities2022-12-012023-11-3009301222ns10:AuditExemptWithAccountantsReport2022-12-012023-11-3009301222ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3009301222ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3009301222ns10:FullAccounts2022-12-012023-11-300930122212022-12-012023-11-3009301222ns10:RegisteredOffice2022-12-012023-11-3009301222ns5:CurrentFinancialInstruments2023-11-3009301222ns5:CurrentFinancialInstruments2022-11-3009301222ns5:ShareCapital2023-11-3009301222ns5:ShareCapital2022-11-3009301222ns5:SharePremium2023-11-3009301222ns5:SharePremium2022-11-3009301222ns5:RetainedEarningsAccumulatedLosses2023-11-3009301222ns5:RetainedEarningsAccumulatedLosses2022-11-3009301222ns5:IntangibleAssetsOtherThanGoodwill2022-12-012023-11-3009301222ns5:ComputerSoftware2022-12-012023-11-3009301222ns5:IntangibleAssetsOtherThanGoodwill2022-11-3009301222ns5:IntangibleAssetsOtherThanGoodwill2023-11-3009301222ns5:IntangibleAssetsOtherThanGoodwill2022-11-3009301222ns5:PlantMachinery2022-11-3009301222ns5:PlantMachinery2022-12-012023-11-3009301222ns5:PlantMachinery2023-11-3009301222ns5:PlantMachinery2022-11-3009301222ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-11-3009301222ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-11-3009301222ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2023-11-3009301222ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2022-11-3009301222ns5:WithinOneYear2023-11-3009301222ns5:WithinOneYear2022-11-3009301222ns5:BetweenOneFiveYears2023-11-3009301222ns5:BetweenOneFiveYears2022-11-3009301222ns5:AllPeriods2023-11-3009301222ns5:AllPeriods2022-11-30093012221ns10:Director12022-11-30093012221ns10:Director12021-11-30093012221ns10:Director12022-12-012023-11-30093012221ns10:Director12021-12-012022-11-30093012221ns10:Director12023-11-30093012221ns10:Director12022-11-30
REGISTERED NUMBER: 09301222 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

GOLDEN GECKO CLIMBING LTD

GOLDEN GECKO CLIMBING LTD (REGISTERED NUMBER: 09301222)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

GOLDEN GECKO CLIMBING LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTOR: Mr G C Niblett





REGISTERED OFFICE: 31 Sylvan Drive
North Baddesley
Southampton
Hampshire
SO52 9NA





REGISTERED NUMBER: 09301222 (England and Wales)





ACCOUNTANTS: Rothmans LLP
Avebury House
St Peter Street
Winchester
Hampshire
SO23 8BN

GOLDEN GECKO CLIMBING LTD (REGISTERED NUMBER: 09301222)

BALANCE SHEET
30 NOVEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 24,369 41,538
24,369 41,538

CURRENT ASSETS
Stocks 3,339 3,182
Debtors 6 29,668 34,763
Cash at bank and in hand 79,665 69,945
112,672 107,890
CREDITORS
Amounts falling due within one year 7 21,786 20,149
NET CURRENT ASSETS 90,886 87,741
TOTAL ASSETS LESS CURRENT
LIABILITIES

115,255

129,279

CAPITAL AND RESERVES
Called up share capital 118 118
Share premium 214,914 214,914
Retained earnings (99,777 ) (85,753 )
SHAREHOLDERS' FUNDS 115,255 129,279

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

GOLDEN GECKO CLIMBING LTD (REGISTERED NUMBER: 09301222)

BALANCE SHEET - continued
30 NOVEMBER 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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

The financial statements were approved by the director and authorised for issue on 22 August 2024 and were signed by:





Mr G C Niblett - Director


GOLDEN GECKO CLIMBING LTD (REGISTERED NUMBER: 09301222)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023


1. STATUTORY INFORMATION

Golden Gecko Climbing Ltd 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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 receivable, excluding discounts, rebates, value added tax and other sales tax.

Turnover is recognised at the point that fees have been paid which occurs prior to the commencement of the activities and services supplied, which is the point that the turnover can be measured reliably and that the economic benefits passes to the company.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of four years.

Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives.

Depreciation is provided on the following basis:

Plant and machinery - 4 and 10 years straight line
Fixtures and fittings - 4 years straight line
Leasehold Improvements - 10 years straight line
Computer Equipment - 4 years straight line


The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.


GOLDEN GECKO CLIMBING LTD (REGISTERED NUMBER: 09301222)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year 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 year 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2022 - 19 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 December 2022
and 30 November 2023 1,650
AMORTISATION
At 1 December 2022
and 30 November 2023 1,650
NET BOOK VALUE
At 30 November 2023 -
At 30 November 2022 -

GOLDEN GECKO CLIMBING LTD (REGISTERED NUMBER: 09301222)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2022 187,317
Additions 1,337
At 30 November 2023 188,654
DEPRECIATION
At 1 December 2022 145,779
Charge for year 18,506
At 30 November 2023 164,285
NET BOOK VALUE
At 30 November 2023 24,369
At 30 November 2022 41,538

6. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
Trade debtors 1,206 5,929
Other debtors 21,462 21,834
22,668 27,763

Amounts falling due after more than one year:
Other debtors 7,000 7,000

Aggregate amounts 29,668 34,763

Other debtors due after one year represents a rental deposit paid upon a new 10 year property lease commencing 1st March 2015. The deposit is due for repayment at the end of the lease period.

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 3,777 3,279
Taxation and social security 13,392 12,150
Other creditors 4,617 4,720
21,786 20,149

GOLDEN GECKO CLIMBING LTD (REGISTERED NUMBER: 09301222)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 28,000 28,000
Between one and five years 7,000 35,000
35,000 63,000

9. FINANCIAL INSTRUMENTS

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2023 and 30 November 2022:

2023 2022
£    £   
Mr G C Niblett
Balance outstanding at start of year (494 ) (5,444 )
Amounts advanced - 5,000
Amounts repaid - (50 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (494 ) (494 )

The loan from the director to the company is provided interest free and repayable on demand.

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
GOLDEN GECKO CLIMBING LTD


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Golden Gecko Climbing Ltd for the year ended 30 November 2023 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Golden Gecko Climbing Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Golden Gecko Climbing Ltd and state those matters that we have agreed to state to the director of Golden Gecko Climbing Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Golden Gecko Climbing Ltd and its director for our work or for this report.

It is your duty to ensure that Golden Gecko Climbing Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Golden Gecko Climbing Ltd. You consider that Golden Gecko Climbing Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Golden Gecko Climbing Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Rothmans LLP
Avebury House
St Peter Street
Winchester
Hampshire
SO23 8BN


28 August 2024