Registration number:
Mont Blanc Treks Limited
for the Year Ended 31 January 2024
Mont Blanc Treks Limited
(Registration number: 07507824)
Balance Sheet as at 31 January 2024
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2024 |
2023 |
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Fixed assets |
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Tangible assets |
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Investment property |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net current assets/(liabilities) |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
( |
( |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Shareholders' funds |
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For the financial year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
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The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Director's Report and the Profit and Loss Account has been taken.
These financial statements, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A Small Entities, were approved and authorised for issue by the
Mont Blanc Treks Limited
(Registration number: 07507824)
Balance Sheet as at 31 January 2024 (continued)
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Director
Mont Blanc Treks Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024
Accounting policies |
Statutory information
Mont Blanc Treks Limited is a private company, limited by shares, domiciled in England and Wales, company number 07507824. The registered office is at Pegasus House, 463a Glossop Road, Sheffield, S10 2QD.
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The presentation currency is United Kingdom pounds sterling, which is the functional currency of the company. The financial statements are those of an individual entity.
Revenue recognition
Turnover represents income receivable net of value added tax where applicable.
Tax
The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
Tangible assets
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
Asset class |
Depreciation method and rate |
Office equipment |
20% reducing balance |
Mountaineering equipment |
20% reducing balance |
Motor vehicles |
25% reducing balance |
Mont Blanc Treks Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024 (continued)
1 |
Accounting policies (continued) |
Investment property
Operating leases
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.
Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
Mont Blanc Treks Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024 (continued)
Tangible assets |
Mountaineering equipment |
Office equipment |
Motor vehicles |
Total |
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Cost or valuation |
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At 1 February 2023 |
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Additions |
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- |
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Disposals |
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- |
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( |
At 31 January 2024 |
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Depreciation |
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At 1 February 2023 |
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Charge for the year |
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Eliminated on disposal |
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- |
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( |
At 31 January 2024 |
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Carrying amount |
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At 31 January 2024 |
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At 31 January 2023 |
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Investment properties |
2024 |
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At 1 February 2023 |
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At 31 January 2024 |
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Debtors |
2024 |
2023 |
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Trade debtors |
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Prepayments |
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Mont Blanc Treks Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024 (continued)
Creditors |
2024 |
2023 |
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Due within one year |
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Bank overdraft and card debts |
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Trade creditors |
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Taxation and social security |
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Accruals and deferred income |
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Deposits |
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2024 |
2023 |
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Due after one year |
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Directors loan account |
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