IRIS Accounts Production v23.3.1.45 05980940 Board of Directors 1.10.22 30.9.23 30.9.23 false true false false true false 4723 18694 66310 45029 48435 59000 22598 4723 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh059809402022-09-30059809402023-09-30059809402022-10-012023-09-30059809402021-09-30059809402021-10-012022-09-30059809402022-09-3005980940ns10:Originalns15:EnglandWales2022-10-012023-09-3005980940ns14:PoundSterlingns10:Original2022-10-012023-09-3005980940ns10:Originalns10:Director12022-10-012023-09-3005980940ns10:Original2022-10-012023-09-3005980940ns10:Original2023-09-3005980940ns10:Originalns10:PrivateLimitedCompanyLtd2022-10-012023-09-3005980940ns10:Originalns10:SmallEntities2022-10-012023-09-3005980940ns10:Originalns10:AuditExempt-NoAccountantsReport2022-10-012023-09-3005980940ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-10-012023-09-3005980940ns10:SmallCompaniesRegimeForAccountsns10:Original2022-10-012023-09-3005980940ns10:Originalns10:FullAccounts2022-10-012023-09-3005980940ns10:Original42ns10:Director22022-09-3005980940ns10:Original42ns10:Director22021-09-3005980940ns10:Original42ns10:Director22022-10-012023-09-3005980940ns10:Original42ns10:Director22021-10-012022-09-3005980940ns10:Original42ns10:Director22023-09-3005980940ns10:Original42ns10:Director22022-09-3005980940ns10:Originalns10:Director22022-10-012023-09-3005980940ns10:Originalns10:RegisteredOffice2022-10-012023-09-3005980940ns10:Original2022-09-3005980940ns10:Originalns5:CurrentFinancialInstruments2023-09-3005980940ns10:Originalns5:CurrentFinancialInstruments2022-09-3005980940ns10:Originalns5:Non-currentFinancialInstruments2023-09-3005980940ns10:Originalns5:Non-currentFinancialInstruments2022-09-3005980940ns5:ShareCapitalns10:Original2023-09-3005980940ns5:ShareCapitalns10:Original2022-09-3005980940ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-09-3005980940ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-09-3005980940ns10:Originalns5:PlantMachinery2022-10-012023-09-3005980940ns10:Originalns5:FurnitureFittings2022-10-012023-09-3005980940ns10:Original2021-10-012022-09-3005980940ns10:Originalns5:PlantMachinery2022-09-3005980940ns10:Originalns5:FurnitureFittings2022-09-3005980940ns10:Original2022-09-3005980940ns10:Originalns5:PlantMachinery2023-09-3005980940ns10:Originalns5:FurnitureFittings2023-09-3005980940ns10:Originalns5:PlantMachinery2022-09-3005980940ns10:Originalns5:FurnitureFittings2022-09-3005980940ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-09-3005980940ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-09-3005980940ns10:Originalns5:WithinOneYear2023-09-3005980940ns10:Originalns5:WithinOneYear2022-09-3005980940ns5:BetweenOneFiveYearsns10:Original2023-09-3005980940ns5:BetweenOneFiveYearsns10:Original2022-09-3005980940ns10:Originalns5:AllPeriods2023-09-3005980940ns10:Originalns5:AllPeriods2022-09-3005980940ns10:Original1ns10:Director12022-09-3005980940ns10:Original1ns10:Director12021-09-3005980940ns10:Original1ns10:Director12022-10-012023-09-3005980940ns10:Original1ns10:Director12021-10-012022-09-3005980940ns10:Original1ns10:Director12023-09-3005980940ns10:Original1ns10:Director12022-09-30
REGISTERED NUMBER: 05980940 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 September 2023

for

CLK Media Ltd

CLK Media Ltd (Registered number: 05980940)

Contents of the Financial Statements
for the Year Ended 30 September 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


CLK Media Ltd

Company Information
for the Year Ended 30 September 2023







DIRECTORS: C Lewis
Mrs L A Lewis



REGISTERED OFFICE: Unit 33 Knightsbridge Business Centre
Knightsbridge
Cheltenham
Gloucestershire
GL51 9TA



REGISTERED NUMBER: 05980940 (England and Wales)



ACCOUNTANTS: HATS Gloucester Ltd
48 Hucclecote Road
Gloucester
Gloucestershire
GL3 3RS



BANKERS: Lloyds Bank
19 Eastgate Street
Gloucester
Gloucestershire
GL1 1NU

CLK Media Ltd (Registered number: 05980940)

Statement of Financial Position
30 September 2023

30/9/23 30/9/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 10,021 12,549

CURRENT ASSETS
Stocks 3,000 3,000
Debtors 5 47,897 34,569
Cash at bank - 11,284
50,897 48,853
CREDITORS
Amounts falling due within one year 6 40,604 30,954
NET CURRENT ASSETS 10,293 17,899
TOTAL ASSETS LESS CURRENT
LIABILITIES

20,314

30,448

CREDITORS
Amounts falling due after more than one
year

7

(16,667

)

(26,667

)

PROVISIONS FOR LIABILITIES (2,038 ) (2,115 )
NET ASSETS 1,609 1,666

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,509 1,566
SHAREHOLDERS' FUNDS 1,609 1,666

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 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.

CLK Media Ltd (Registered number: 05980940)

Statement of Financial Position - continued
30 September 2023


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 13 February 2024 and were signed on its behalf by:





C Lewis - Director


CLK Media Ltd (Registered number: 05980940)

Notes to the Financial Statements
for the Year Ended 30 September 2023


1. STATUTORY INFORMATION

CLK Media 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.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

CLK Media Ltd (Registered number: 05980940)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023


2. ACCOUNTING POLICIES - continued

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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
Cost
At 1 October 2022 90,502 5,560 96,062
Additions 813 - 813
At 30 September 2023 91,315 5,560 96,875
Depreciation
At 1 October 2022 78,975 4,538 83,513
Charge for year 3,085 256 3,341
At 30 September 2023 82,060 4,794 86,854
Net book value
At 30 September 2023 9,255 766 10,021
At 30 September 2022 11,527 1,022 12,549

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/23 30/9/22
£    £   
Trade debtors 19,907 25,331
Other debtors 27,990 9,238
47,897 34,569

CLK Media Ltd (Registered number: 05980940)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/23 30/9/22
£    £   
Bank loans and overdrafts 11,858 10,000
Trade creditors 11,946 5,168
Taxation and social security 15,800 14,786
Other creditors 1,000 1,000
40,604 30,954

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30/9/23 30/9/22
£    £   
Bank loans 16,667 26,667

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
30/9/23 30/9/22
£    £   
Within one year 4,623 -
Between one and five years 4,161 -
8,784 -

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 September 2023 and 30 September 2022:

30/9/23 30/9/22
£    £   
C Lewis and Mrs L A Lewis
Balance outstanding at start of year 4,723 18,694
Amounts advanced 66,310 45,029
Amounts repaid (48,435 ) (59,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 22,598 4,723

The prior year loan to the directors was repaid in full during the year. Later in the year, a further loan to the directors was made.The above balance of £22,598 was repaid in full by 17 January 2024.

Interest has been charged on the directors loans at the HMRC approved rates, with total interest for the year totalling £151 (2022 - £446). The loan has no fixed repayment terms.