Mont Blanc Treks Limited 07507824 false 2024-02-01 2025-01-31 2025-01-31 The principal activity of the company is that of mountain trekking and guiding. Digita Accounts Production Advanced 6.30.9574.0 true 07507824 2024-02-01 2025-01-31 07507824 2025-01-31 07507824 core:RetainedEarningsAccumulatedLosses 2025-01-31 07507824 core:RevaluationReserve 2025-01-31 07507824 core:ShareCapital 2025-01-31 07507824 core:CurrentFinancialInstruments 2025-01-31 07507824 core:CurrentFinancialInstruments core:WithinOneYear 2025-01-31 07507824 core:Non-currentFinancialInstruments core:AfterOneYear 2025-01-31 07507824 core:FurnitureFittings 2025-01-31 07507824 core:MotorVehicles 2025-01-31 07507824 core:OfficeEquipment 2025-01-31 07507824 bus:SmallEntities 2024-02-01 2025-01-31 07507824 bus:AuditExemptWithAccountantsReport 2024-02-01 2025-01-31 07507824 bus:FilletedAccounts 2024-02-01 2025-01-31 07507824 bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 07507824 bus:Director1 2024-02-01 2025-01-31 07507824 bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 07507824 core:FurnitureFittings 2024-02-01 2025-01-31 07507824 core:MotorVehicles 2024-02-01 2025-01-31 07507824 core:OfficeEquipment 2024-02-01 2025-01-31 07507824 countries:AllCountries 2024-02-01 2025-01-31 07507824 2024-01-31 07507824 core:FurnitureFittings 2024-01-31 07507824 core:MotorVehicles 2024-01-31 07507824 core:OfficeEquipment 2024-01-31 07507824 2023-02-01 2024-01-31 07507824 2024-01-31 07507824 core:RetainedEarningsAccumulatedLosses 2024-01-31 07507824 core:RevaluationReserve 2024-01-31 07507824 core:ShareCapital 2024-01-31 07507824 core:CurrentFinancialInstruments 2024-01-31 07507824 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 07507824 core:Non-currentFinancialInstruments core:AfterOneYear 2024-01-31 07507824 core:FurnitureFittings 2024-01-31 07507824 core:MotorVehicles 2024-01-31 07507824 core:OfficeEquipment 2024-01-31 iso4217:GBP xbrli:pure

Registration number: 07507824

Mont Blanc Treks Limited

Unaudited Financial Statements

for the Year Ended 31 January 2025

 

Mont Blanc Treks Limited

(Registration number: 07507824)

Balance Sheet as at 31 January 2025

Note

2025
£

2024
£

Fixed assets

 

Tangible assets

3

31,573

39,466

Investment property

4

140,000

133,915

 

171,573

173,381

Current assets

 

Debtors

5

45,108

57,575

Cash at bank and in hand

 

591,479

425,789

 

636,587

483,364

Creditors: Amounts falling due within one year

6

(198,088)

(381,834)

Net current assets

 

438,499

101,530

Total assets less current liabilities

 

610,072

274,911

Creditors: Amounts falling due after more than one year

6

-

(8,650)

Provisions for liabilities

(7,520)

-

Net assets

 

602,552

266,261

Capital and reserves

 

Called up share capital

10,000

10,000

Revaluation reserve

4,564

-

Retained earnings

587,988

256,261

Shareholders' funds

 

602,552

266,261

For the financial year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

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 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.

 

Mont Blanc Treks Limited

(Registration number: 07507824)

Balance Sheet as at 31 January 2025 (continued)

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 director on 30 July 2025
 

.........................................

Ms H S Wild

Director

 

Mont Blanc Treks Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

1

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.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current and deferred 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.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

 

Mont Blanc Treks Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025 (continued)

1

Accounting policies (continued)

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

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

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.

2

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

 

Mont Blanc Treks Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025 (continued)

3

Tangible assets

Mountaineering equipment
£

Office equipment
£

Motor vehicles
 £

Total
£

Cost or valuation

At 1 February 2024

17,566

17,725

90,095

125,386

At 31 January 2025

17,566

17,725

90,095

125,386

Depreciation

At 1 February 2024

16,631

9,175

60,114

85,920

Charge for the year

187

1,710

5,996

7,893

At 31 January 2025

16,818

10,885

66,110

93,813

Carrying amount

At 31 January 2025

748

6,840

23,985

31,573

At 31 January 2024

935

8,550

29,981

39,466

4

Investment properties

2025
£

At 1 February 2024

133,915

Fair value adjustments

6,085

At 31 January 2025

140,000


 

The investment properties class of fixed assets were valued by the directors on 31 January 2025. The basis of this valuation was existing use basis. The class of assets has a current value of £140,000 (2024: £133,915) and a carrying amount at historical cost of £133,915 (2024: £133,915). The depreciation on this historical cost is £Nil (2024: £Nil).

5

Debtors

Current

2025
£

2024
£

Trade debtors

-

24,244

Prepayments

45,108

33,331

 

45,108

57,575

 

Mont Blanc Treks Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025 (continued)

6

Creditors

Creditors: amounts falling due within one year

2025
£

2024
£

Loans and borrowings

-

1,544

Trade creditors

-

3,228

Taxation and social security

128,538

151,369

Accruals and deferred income

7,800

5,660

Deposits

61,750

220,033

198,088

381,834

Creditors: amounts falling due after more than one year

2025
£

2024
£

Due after one year

Director's loan account

-

8,650