Company Registration No. 04376095 (England and Wales)
Climb Up Limited
Unaudited accounts
for the year ended 31 December 2024
Climb Up Limited
Unaudited accounts
Contents
Climb Up Limited
Company Information
for the year ended 31 December 2024
Directors
A Saines
M Angel
E Zecler
E M Angel
Company Number
04376095 (England and Wales)
Registered Office
Congress House,
14 Lyon Road
Harrow
HA1 2EN
England
Accountants
Evolve Accounting and Tax Solutions Ltd
Congress House
14 Lyon Road
Harrow
Middlesex
HA1 2EN
Climb Up Limited
Statement of financial position
as at 31 December 2024
Investment property
2,699,621
2,234,586
Cash at bank and in hand
31,368
241,744
Creditors: amounts falling due within one year
(1,310,952)
(1,316,617)
Net current (liabilities)/assets
(370,405)
34,720
Net assets
2,329,216
2,269,306
Called up share capital
100,000
100,000
Profit and loss account
2,229,216
2,169,306
Shareholders' funds
2,329,216
2,269,306
For the year ending 31 December 2024 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 8 May 2025 and were signed on its behalf by
A Saines
Director
Company Registration No. 04376095
Climb Up Limited
Notes to the Accounts
for the year ended 31 December 2024
Climb Up Limited is a private company, limited by shares, registered in England and Wales, registration number 04376095. The registered office is Congress House, , 14 Lyon Road, Harrow, HA1 2EN, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Fair value at 1 January 2024
2,234,586
At 31 December 2024
2,699,621
Amounts falling due within one year
Trade debtors
27,441
56,590
Other debtors
881,738
1,053,003
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
(79)
29,998
Loans from directors
1,258,508
1,258,144
Deferred income
25,001
26,264
Climb Up Limited
Notes to the Accounts
for the year ended 31 December 2024
7
Transactions with related parties
Included within other debtors at year end is an amount of £853,003 (2023: £1,053,003) due from Maeva Limited, a company in which A Saines is also director and shareholder. This loan is interest free and repayable on demand.
The company owes the directors, A Saines and M Angel £629,254 (2023: £629,072) and £ 629,254 (2023: £629,072) respectively. These loans are interest free and repayable on demand.
The company is controlled by Mrs A Saines and Mr M Angel, who are directors of the company, by virtue of their shareholdings.
9
Average number of employees
During the year the average number of employees was 3 (2023: 3).