CLIM8 INVEST LTD

CLIM8 INVEST LTD

CLIM8 INVEST LTD - Company Information

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CLIM8 INVEST LTD

Company Registration Number:
12179517 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2021

Period of accounts

Start date: 01 January 2021

End date: 31 December 2021

CLIM8 INVEST LTD

Contents of the Financial Statements

for the Period Ended 31 December 2021

Balance sheet
Notes

CLIM8 INVEST LTD

Balance sheet

As at 31 December 2021


Notes
2021
16 months to 31 December 2020


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 175,855 100,688
Tangible assets: 4 41,014 26,969
Total fixed assets: 216,869 127,657
Current assets
Debtors:   1,428,157 182,541
Cash at bank and in hand: 4,874,410 2,339,009
Total current assets: 6,302,567 2,521,550
Creditors: amounts falling due within one year:   (242,817) (76,345)
Net current assets (liabilities): 6,059,750 2,445,205
Total assets less current liabilities: 6,276,619 2,572,862
Total net assets (liabilities): 6,276,619 2,572,862
Capital and reserves
Called up share capital: 3 2
Share premium account: 10,836,596 4,169,224
Other reserves: 352,800
Profit and loss account: (4,912,780) (1,596,364)
Shareholders funds: 6,276,619 2,572,862

The notes form part of these financial statements

CLIM8 INVEST LTD

Balance sheet statements

For the year ending 31 December 2021 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 18 August 2022
and signed on behalf of the board by:

Name: Mr J D Grierson
Status: Director

The notes form part of these financial statements

CLIM8 INVEST LTD

Notes to the Financial Statements

for the Period Ended 31 December 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

CLIM8 INVEST LTD

Notes to the Financial Statements

for the Period Ended 31 December 2021

2. Employees

2021 16 months to 31 December 2020
Average number of employees during the period 21 14

CLIM8 INVEST LTD

Notes to the Financial Statements

for the Period Ended 31 December 2021

3. Intangible Assets

Total
Cost £
At 01 January 2021 101,313
Additions 106,737
At 31 December 2021 208,050
Amortisation
At 01 January 2021 625
Charge for year 31,570
At 31 December 2021 32,195
Net book value
At 31 December 2021 175,855
At 31 December 2020 100,688

CLIM8 INVEST LTD

Notes to the Financial Statements

for the Period Ended 31 December 2021

4. Tangible Assets

Total
Cost £
At 01 January 2021 37,174
Additions 30,981
At 31 December 2021 68,155
Depreciation
At 01 January 2021 10,205
Charge for year 16,936
At 31 December 2021 27,141
Net book value
At 31 December 2021 41,014
At 31 December 2020 26,969

CLIM8 INVEST LTD

Notes to the Financial Statements

for the Period Ended 31 December 2021

5. Loans to directors

Name of director receiving advance or credit: Mr J D Grierson
Description of the loan: During the year the directors entered into the following advances and credits with the company:
£
Balance at 01 January 2021 30,038
Advances or credits repaid: 30,038
Balance at 31 December 2021 0