ACCOUNTS - Final Accounts preparation

Registered number: 14591329

MONTANE RUISLIP LTD

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 DECEMBER 2024

MONTANE RUISLIP LTD

REGISTERED NUMBER: 14591329

BALANCE SHEET

AS AT 31 DECEMBER 2024

		2024		2023
Note		£		£


Current assets
Debtors: amounts falling due after more than one year	4	1,000,000		-
Debtors: amounts falling due within one year	4	-		1
		1,000,000		1
Creditors: amounts falling due within one year	5	(1,032,080)		(1,001)
Net current liabilities			(32,080)		(1,000)
Total assets less current liabilities			(32,080)		(1,000)

Net liabilities			(32,080)		(1,000)

Capital and reserves
Called up share capital	1	1
Profit and loss account	(32,081)	(1,001)
	(32,080)	(1,000)

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MONTANE RUISLIP LTD

REGISTERED NUMBER: 14591329

BALANCE SHEET (CONTINUED)

AS AT 31 DECEMBER 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

N A Spencer

Director

Date: 30 September 2025

The notes on pages 3 to 4 form part of these financial statements.

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MONTANE RUISLIP LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2024

1.	General information

Montane Living Ltd is a private company limited by shares, incorporated in England and Wales and its registered address is Aston House, Cornwall Avenue, London, N3 1LF.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Going concern

Whilst the company is in a net liabilities position, it retains the support of its shareholders and as such the director considers it appropriate to prepare the accounts on a going concern basis.

2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, including directors, during the period was 3 (2023 - 3).

4.	Debtors
		2024	2023
		£	£

Due after more than one year

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MONTANE RUISLIP LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2024

4.Debtors (continued)

	Other debtors	1,000,000	-

					2024	2023
					£	£

Due within one year
Amounts owed by group undertakings	-	1

5.	Creditors: Amounts falling due within one year
		2024	2023
		£	£

Amounts owed to group undertakings	1,001,450	401
Other creditors	29,880	-
Accruals	750	600
	1,032,080	1,001

6.	Related party transactions
	The company has taken advantage of the exemption contained in FRS 102 section 33 "Related Party Disclosures" from disclosing transactions with entities which are a wholly owned part of the group.

7.	Controlling party

The ultimate parent company is BBS Estates Limited, a company incorporated in England and Wales.

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