Company Registration No. 13347526 (England and Wales)
CLIMETREK LTD
Unaudited accounts
for the year ended 31 March 2025
CLIMETREK LTD
Unaudited accounts
Contents
CLIMETREK LTD
Company Information
for the year ended 31 March 2025
Directors
Daksh Kumar BALIAN
Company Number
13347526 (England and Wales)
Registered Office
Summit House 33
Hanworth Road
Sunbury-on-Thames
Surrey
TW16 5DA
England
Accountants
CoreAdviz Digital Finance Ltd
10 Daventer Drive
Stanmore
HA7 3TJ
CLIMETREK LTD
Accountants' report
Accountants' report to the board of directors of CLIMETREK LTD on the preparation of the unaudited statutory accounts for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
CLIMETREK LTD for the year ended
31 March 2025 as set out on pages
5 -
8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of CLIMETREK LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of CLIMETREK LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than CLIMETREK LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that CLIMETREK LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of CLIMETREK LTD. You consider that CLIMETREK LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of CLIMETREK LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
CoreAdviz Digital Finance Ltd
10 Daventer Drive
Stanmore
HA7 3TJ
29 December 2025
CLIMETREK LTD
Statement of financial position
as at 31 March 2025
Tangible assets
65,337
79,679
Inventories
331,977
723,419
Cash at bank and in hand
385,938
803,802
Creditors: amounts falling due within one year
(39,970)
(719,599)
Net current assets
1,370,749
1,271,783
Total assets less current liabilities
1,436,086
1,351,462
Creditors: amounts falling due after more than one year
(833,872)
(820,310)
Net assets
602,214
531,152
Called up share capital
35
35
Capital contribution reserve
502,781
502,781
Profit and loss account
99,398
28,336
Shareholders' funds
602,214
531,152
For the year ending 31 March 2025 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 29 December 2025 and were signed on its behalf by
Daksh Kumar BALIAN
Director
Company Registration No. 13347526
CLIMETREK LTD
Notes to the Accounts
for the year ended 31 March 2025
CLIMETREK LTD is a private company, limited by shares, registered in England and Wales, registration number 13347526. The registered office is Summit House 33, Hanworth Road, Sunbury-on-Thames, Surrey, TW16 5DA, 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Business Car @18%
4
Tangible fixed assets
Motor vehicles
Charge for the year
14,342
Finished goods
331,977
723,419
Inventories are recorded and valued on the basis of the LCM method towards Carbon credit units yet to be delivered to the company.
CLIMETREK LTD
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Trade debtors
3,200
74,353
Accrued income and prepayments
-
387,614
Amounts falling due after more than one year
Accrued income and prepayments
690,292
-
7
Creditors: amounts falling due within one year
2025
2024
Trade creditors
15,602
701,623
Taxes and social security
24,368
4,414
8
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
820,345
820,345
Loans from directors
(35)
(35)
9
Provisions for liabilities
£
Provisions made during the period
104,288
Decrease in existing provisions
(104,288)
Other Creditors (note 9) include an amount of £104,288 representing a provision for loan interest incurred in prorata basis. This amount has been further deferred in accordance with the revenue matching principle, as the loan was utilized for project development and the project has not yet reached the revenue-generating 1st issueance stage. Due to this other creditor is further reduced with same amount, and loan balance £820,345 remains same as past year.
CLIMETREK LTD
Notes to the Accounts
for the year ended 31 March 2025
10
Capital contribution reserve
Capital contribution reserve (within shareholders’ funds)
Included within shareholders’ funds is a capital contribution reserve brought forward of £502,781 (FY ended 31 March 2023: £502,781). The reserve arose in the year ended 31 March 2023 as a result of a voluntary valuation undertaken in connection with the Company’s purchase of its own shares pursuant to a Shareholder Exit Agreement and the associated settlement with the departing shareholder.
The remaining balance on this reserve is intended to be applied towards future share redemptions and/or distributions to the remaining shareholder(s), subject to applicable company law requirements, the Company’s articles, and the determination of the directors as to the availability of distributable reserves at the time.
The advances to the suppliers and prepayment from the customers are already part of the closing balance sheet under total net assets. In addition to that, there are future liabilities to deliver those linked contracts.
12
Average number of employees
During the year the average number of employees was 9 (2024: 9).