REGISTERED NUMBER: 12565942 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

THE ORDINARY CLIMBERS HOLDING LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

E Fox

SECRETARY:

REGISTERED OFFICE:

29 Gildredge Road

Eastbourne

East Sussex

BN21 4RU

REGISTERED NUMBER:

12565942 (England and Wales)

ACCOUNTANTS:

Advanta

Chartered Accountants

29 Gildredge Road

Eastbourne

East Sussex

BN21 4RU

FIXED ASSETS

Investments

4

1

1

Investment property

5

450,000

500,000

450,001

500,001

CURRENT ASSETS

Debtors

6

9,801

22,047

Cash at bank

5,998

-

15,799

22,047

CREDITORS

Amounts falling due within one year

7

243,063

285,742

NET CURRENT LIABILITIES

(227,264

)

(263,695

)

TOTAL ASSETS LESS CURRENT LIABILITIES

222,737

236,306

PROVISIONS FOR LIABILITIES

8

22,041

34,541

NET ASSETS

200,696

201,765

CAPITAL AND RESERVES

Called up share capital

1

1

Fair value reserve

9

68,412

105,912

Retained earnings

132,283

95,852

200,696

201,765

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 December 2025 and were signed by:

E Fox - Director

1.	STATUTORY INFORMATION

The Ordinary Climbers Holding Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

These financial statements have been prepared on the basis that the company will continue to be a going concern. If this assumption is not considered valid, then adjustments would need to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that might arise and to reclassify fixed assets and long term liabilities as current assets and liabilities.

The validity of the going concern basis depends upon the continued support of the company director .

Preparation of consolidated financial statements

The financial statements contain information about The Ordinary Climbers Holding Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

Turnover represents rental income receivable.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

and 31 March 2025

1

NET BOOK VALUE

At 31 March 2025

1

At 31 March 2024

1

The company's investments at the Balance Sheet date in the share capital of companies include the following:

The Ordinary Climbers Ltd

Registered office: 29 Gildredge Road, Eastbourne, East Sussex, BN21 4RU

Nature of business: Activity centre

%

Class of shares:

holding

Ordinary

51.00

2025

2024

£

£

Aggregate capital and reserves

108

6,507

Profit for the year

13,201

7,062

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

500,000

Revaluations

(50,000

)

At 31 March 2025

450,000

NET BOOK VALUE

At 31 March 2025

450,000

At 31 March 2024

500,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2022

38,163

Valuation in 2023

50,000

Valuation in 2024

50,000

Valuation in 2025

(50,000

)

Cost

361,837

450,000

If investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

361,837

361,837

Investment property was valued on an open market basis on 31 March 2024 by the director .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

9,801

22,047

Debtors include £9,801 (2024: £22,047) owed by the parent company. The loan is unsecured, repayable on demand and interest-free.

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Tax

3,948

3,749

Other creditors

-

21,260

Directors' current accounts

238,014

259,633

Accrued expenses

1,101

1,100

243,063

285,742

Creditors include loans of £238,014 (2024: £259,633) from the director. The loans are unsecured, repayable on demand and interest-free.

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

Investment property fair value

22,041

34,541

Deferred

tax

£

Balance at 1 April 2024

34,541

Provided during year

(12,500

)

Balance at 31 March 2025

22,041

9.

RESERVES

Fair

value

reserve

£

At 1 April 2024

105,912

Reserve transfer

(37,500

)

At 31 March 2025

68,412

10.	RELATED PARTY DISCLOSURES

At the balance sheet date £238,014 (2024 : £259,633) was owed to the company director. The loan is unsecured, repayable on demand and interest-free.

At the balance sheet date £9,801 (2024 : £22,047) was owed by the parent company. The loan is unsecured, repayable on demand and interest-free.