12021892 (England and Wales)

HIGHBANK GREENBANK CRESCENT LONDON NW4 2LA ENGLAND

Investment property

1,050,000 

1,050,000 

Debtors

59,158 

43,697 

Cash at bank and in hand

67,134 

50,773 

(17,838)

(18,833)

(905,266)

(917,001)

Deferred tax

(19,000)

(19,000)

Called up share capital

200 

200 

Profit and loss account

233,988 

189,436 

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 financial statements were approved by the Board and authorised for issue on 21 August 2025 and were signed on its behalf by

Mr Gary Bloch Director Company Registration No. 12021892

CITYMOUNT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12021892. The registered office is HIGHBANK, GREENBANK CRESCENT, LONDON, NW4 2LA, ENGLAND.

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.

Property outgoings are recognised in the Profit and Loss Account in the year in which they are incurred.

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that 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 that are expected to apply to the reversal of the timing difference

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash­ generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units

Allotted, called up and fully paid:

200 Ordinary shares of £1 each

During the year the average number of employees was 0 (2023: 0).