3 WISE MONKEYS CLIMBING LOCHABER LTD

Company Registration Number:
SC453527 (Scotland)

Unaudited abridged accounts for the year ended 31 July 2024

Period of accounts

Start date: 01 August 2023

End date: 31 July 2024

3 WISE MONKEYS CLIMBING LOCHABER LTD

Contents of the Financial Statements

for the Period Ended 31 July 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

3 WISE MONKEYS CLIMBING LOCHABER LTD

Company Information

for the Period Ended 31 July 2024




Director: Oliver Millington
Peter Hatto
Martin Benny
Anthony Shepherd
Registered office: Morar Dale
Fassifern Road
Fort William
Inverness-Shire
PH33 6QX
Company Registration Number: SC453527 (Scotland)

3 WISE MONKEYS CLIMBING LOCHABER LTD

Balance sheet

As at 31 July 2024


Notes

2024
£

2023
£
Fixed assets
Intangible assets: 4 0 0
Tangible assets: 5 580,467 625,636
Total fixed assets: 580,467 625,636
Current assets
Stocks: 1,410 897
Debtors: 1,171 258
Cash at bank and in hand: 2,220 4,783
Total current assets: 4,801 5,938
Prepayments and accrued income: 0 1,020
Creditors: amounts falling due within one year: ( 75,614 ) ( 49,508 )
Net current assets (liabilities): ( 70,813 ) ( 42,550 )
Total assets less current liabilities: 509,654 583,086
Creditors: amounts falling due after more than one year: ( 434,306 ) ( 434,823 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): 75,348 148,263

The notes form part of these financial statements

3 WISE MONKEYS CLIMBING LOCHABER LTD

Balance sheet continued

As at 31 July 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 435,503 435,503
Revaluation reserve: 6 0 0
Profit and loss account: ( 360,155 ) ( 287,240 )
Shareholders funds: 75,348 148,263

For the year ending 31 July 2024 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 26 April 2025
And Signed On Behalf Of The Board By:

Name: Oliver Millington
Status: Director

Name: Peter Hatto
Status: Director

Name: Martin Benny
Status: Director

The notes form part of these financial statements

3 WISE MONKEYS CLIMBING LOCHABER LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 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

3 WISE MONKEYS CLIMBING LOCHABER LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 15 11

3 WISE MONKEYS CLIMBING LOCHABER LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 3. Off balance sheet disclosure

    No

3 WISE MONKEYS CLIMBING LOCHABER LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 4. Intangible assets

    Total
    Cost £
    At 01 August 2023 0
    Additions 0
    Disposals (0)
    Revaluations 0
    Transfers 0
    At 31 July 2024 0
    Amortisation
    Amortisation at 01 August 2023 0
    Charge for year 0
    On disposals (0)
    Other adjustments 0
    Amortisation at 31 July 2024 0
    Net book value
    Net book value at 31 July 2024 0
    Net book value at 31 July 2023 0

3 WISE MONKEYS CLIMBING LOCHABER LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

5. Tangible Assets

Total
Cost £
At 01 August 2023 784,072
Additions 2,851
Disposals (0)
Revaluations 0
Transfers 0
At 31 July 2024 786,923
Depreciation
At 01 August 2023 158,436
Charge for year 48,020
On disposals (0)
Other adjustments 0
At 31 July 2024 206,456
Net book value
At 31 July 2024 580,467
At 31 July 2023 625,636

3 WISE MONKEYS CLIMBING LOCHABER LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

6. Revaluation reserve


2024
£
Balance at 01 August 2023 0
Surplus or deficit after revaluation 0
Balance at 31 July 2024 0

3 WISE MONKEYS CLIMBING LOCHABER LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

7.1.Related party disclosures

Name of related party: Rock Gear Ltd
Description of relationship:
The company has transactions with another company in which one of the directors is involved. Rock Gear Ltd was set up to take the risk of retail away from 3 Wise Monkeys Climbing Lochaber Ltd. Rock Gear provides the sales for free and 3 Wise Monkeys Climbing Lochaber Ltd take a commission on sale.
Description of the transaction:
Rock Gear Ltd Sales Were £10,506.65 and purchases were £6,900.49
Balance at 01 August 2023 0
Balance at 31 July 2024 0