REGISTERED NUMBER: 09013728 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2026

FOR

MOUNTAINEERIN LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S J A Ogunlana

Mrs P Ogunlana

REGISTERED OFFICE:

Abacus House

450 Warrington Road

Culcheth

Warrington

Cheshire

WA3 5QX

REGISTERED NUMBER:

09013728 (England and Wales)

ACCOUNTANTS:

Hunter Healey Limited

Abacus House

450 Warrington Road

Culcheth

Warrington

Cheshire

WA3 5QX

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

60,888

82,397

60,888

82,397

CURRENT ASSETS

Debtors

6

70,980

67,157

Cash at bank

11,768

540

82,748

67,697

CREDITORS

Amounts falling due within one year

7

102,153

98,732

NET CURRENT LIABILITIES

(19,405

)

(31,035

)

TOTAL ASSETS LESS CURRENT LIABILITIES

41,483

51,362

CREDITORS

Amounts falling due after more than one year

8

48,817

73,608

NET LIABILITIES

(7,334

)

(22,246

)

CAPITAL AND RESERVES

Called up share capital

10,000

10,000

Retained earnings

(17,334

)

(32,246

)

SHAREHOLDERS' FUNDS

(7,334

)

(22,246

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 13th May 2026 and were signed on its behalf by:

S J A Ogunlana - Director

1.	STATUTORY INFORMATION

Mountaineerin 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.

Goodwill

Goodwill has been fully amortised over its useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2025 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st April 2025

and 31st March 2026

25,000

AMORTISATION

At 1st April 2025

and 31st March 2026

25,000

NET BOOK VALUE

At 31st March 2026

-

At 31st March 2025

-

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1st April 2025

and 31st March 2026

4,401

115,996

4,388

124,785

DEPRECIATION

At 1st April 2025

3,026

36,908

2,454

42,388

Charge for year

275

19,772

1,462

21,509

At 31st March 2026

3,301

56,680

3,916

63,897

NET BOOK VALUE

At 31st March 2026

1,100

59,316

472

60,888

At 31st March 2025

1,375

79,088

1,934

82,397

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1st April 2025

115,996

Transfer to ownership

(12,830

)

At 31st March 2026

103,166

DEPRECIATION

At 1st April 2025

36,908

Charge for year

19,344

Transfer to ownership

(11,117

)

At 31st March 2026

45,135

NET BOOK VALUE

At 31st March 2026

58,031

At 31st March 2025

79,088

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

4,020

6,803

Other debtors

66,960

60,354

70,980

67,157

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

44,123

45,789

Hire purchase contracts

19,714

19,714

Taxation and social security

34,745

29,982

Other creditors

3,571

3,247

102,153

98,732

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans

-

5,077

Hire purchase contracts

48,817

68,531

48,817

73,608

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31st March 2026 and 31st March 2025:

31.3.26

31.3.25

£

£

S J A Ogunlana and Mrs P Ogunlana

Balance outstanding at start of year

42,611

-

Amounts advanced

68,749

116,337

Amounts repaid

(53,876

)

(73,726

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

57,484

42,611