Climbtop Limited - Accounts to registrar (filleted) - small 18.2
Climbtop Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2022 |
| FOR |
| CLIMBTOP LIMITED |
| T/A |
| FARMER TEDS |
| CLIMBTOP LIMITED (REGISTERED NUMBER: 04588874) |
| T/A FARMER TEDS |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 JANUARY 2022 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| CLIMBTOP LIMITED |
| T/A FARMER TEDS |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 JANUARY 2022 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chandler House |
| 7 Ferry Road Office Park |
| Riversway |
| Preston |
| Lancashire |
| PR2 2YH |
| CLIMBTOP LIMITED (REGISTERED NUMBER: 04588874) |
| T/A FARMER TEDS |
| BALANCE SHEET |
| 31 JANUARY 2022 |
| 31/1/22 | 31/1/21 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investments | 5 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 6 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 8 | ( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| CLIMBTOP LIMITED (REGISTERED NUMBER: 04588874) |
| T/A FARMER TEDS |
| BALANCE SHEET - continued |
| 31 JANUARY 2022 |
| 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 |
| CLIMBTOP LIMITED (REGISTERED NUMBER: 04588874) |
| T/A FARMER TEDS |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 JANUARY 2022 |
| 1. | STATUTORY INFORMATION |
| Climbtop Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Tangible fixed assets |
| Land and buildings | - |
| Plant and machinery etc | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
| 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. |
| 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 |
| CLIMBTOP LIMITED (REGISTERED NUMBER: 04588874) |
| T/A FARMER TEDS |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 JANUARY 2022 |
| 4. | TANGIBLE FIXED ASSETS |
| Freehold | Motor | Plant and |
| property | vehicles | machinery |
| £ | £ | £ |
| COST |
| At 1 February 2021 |
| Additions |
| Disposals | ( |
) |
| At 31 January 2022 |
| DEPRECIATION |
| At 1 February 2021 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 31 January 2022 |
| NET BOOK VALUE |
| At 31 January 2022 |
| At 31 January 2021 |
| Fixtures |
| and | Play | Computer |
| fittings | Equipment | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 1 February 2021 |
| Additions |
| Disposals | ( |
) |
| At 31 January 2022 |
| DEPRECIATION |
| At 1 February 2021 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 31 January 2022 |
| NET BOOK VALUE |
| At 31 January 2022 |
| At 31 January 2021 |
| 5. | FIXED ASSET INVESTMENTS |
| Investments (neither listed nor unlisted) were as follows: |
| 31/1/22 | 31/1/21 |
| £ | £ |
| MJ, DJ & PJ Edwards investment | 46,000 | 46,000 |
| CLIMBTOP LIMITED (REGISTERED NUMBER: 04588874) |
| T/A FARMER TEDS |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 JANUARY 2022 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31/1/22 | 31/1/21 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31/1/22 | 31/1/21 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 31/1/22 | 31/1/21 |
| £ | £ |
| Other creditors |
| 9. | RELATED PARTY DISCLOSURES |
| During the year, total dividends of £13,050 were paid to the directors . |
| The company has inter-company balances with Farmaggedon (Halloween) Limited a company under common control, as follows: |
| At the year end included within other creditors the company owed £35,800 (2021: £220,000). |
| The company also operated a loan account with Farmaggedon (Halloween) Limited during the year. At the year end included within other debtors the company was owed £116,859 (2021: £96,000). |
| 10. | ULTIMATE CONTROLLING PARTY |
| The company is under the ultimate control of the directors M J Edwards and D J Edwards by way of their shareholdings. |