IRIS Accounts Production v24.1.0.578 SC614406 Board of Directors 1.8.22 31.7.23 31.7.23 false true false false true false Fair value model Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC6144062022-07-31SC6144062023-07-31SC6144062022-08-012023-07-31SC6144062021-12-31SC6144062022-01-012022-07-31SC6144062022-07-31SC614406ns15:Scotland2022-08-012023-07-31SC614406ns14:PoundSterling2022-08-012023-07-31SC614406ns10:Director12022-08-012023-07-31SC614406ns10:PrivateLimitedCompanyLtd2022-08-012023-07-31SC614406ns10:SmallEntities2022-08-012023-07-31SC614406ns10:AuditExempt-NoAccountantsReport2022-08-012023-07-31SC614406ns10:SmallCompaniesRegimeForAccounts2022-08-012023-07-31SC614406ns10:FullAccounts2022-08-012023-07-31SC614406ns10:OrdinaryShareClass12022-08-012023-07-31SC614406ns10:Director22022-08-012023-07-31SC614406ns10:RegisteredOffice2022-08-012023-07-31SC614406ns5:CurrentFinancialInstruments2023-07-31SC614406ns5:CurrentFinancialInstruments2022-07-31SC614406ns5:Non-currentFinancialInstruments2023-07-31SC614406ns5:Non-currentFinancialInstruments2022-07-31SC614406ns5:ShareCapital2023-07-31SC614406ns5:ShareCapital2022-07-31SC614406ns5:RetainedEarningsAccumulatedLosses2023-07-31SC614406ns5:RetainedEarningsAccumulatedLosses2022-07-31SC614406ns5:FurnitureFittings2022-08-012023-07-31SC614406ns5:FurnitureFittings2022-07-31SC614406ns5:FurnitureFittings2023-07-31SC614406ns5:FurnitureFittings2022-07-31SC614406ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-07-31SC614406ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-07-31SC614406ns5:Secured2023-07-31SC614406ns5:Secured2022-07-31SC614406ns10:OrdinaryShareClass12023-07-31
REGISTERED NUMBER: SC614406 (Scotland)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023

FOR

CLIK SCOTLAND LTD

CLIK SCOTLAND LTD (REGISTERED NUMBER: SC614406)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CLIK SCOTLAND LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2023







DIRECTORS: I R Sneddon
Mrs L J Sneddon





REGISTERED OFFICE: 6th Floor
Gordon Chambers
90 Mitchell Street
Glasgow
G1 3NQ





REGISTERED NUMBER: SC614406 (Scotland)





ACCOUNTANTS: Cornerstone Glasgow Ltd
6th Floor
Gordon Chambers
90 Mitchell Street
Glasgow
Lanarkshire
G1 3NQ

CLIK SCOTLAND LTD (REGISTERED NUMBER: SC614406)

BALANCE SHEET
31 JULY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,227 1,363
Investment property 5 447,600 447,600
448,827 448,963

CURRENT ASSETS
Cash at bank 348 19,469

CREDITORS
Amounts falling due within one year 6 226,709 257,152
NET CURRENT LIABILITIES (226,361 ) (237,683 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

222,466

211,280

CREDITORS
Amounts falling due after more than one
year

7

274,140

279,695
NET LIABILITIES (51,674 ) (68,415 )

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings (51,774 ) (68,515 )
SHAREHOLDERS' FUNDS (51,674 ) (68,415 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

CLIK SCOTLAND LTD (REGISTERED NUMBER: SC614406)

BALANCE SHEET - continued
31 JULY 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 21 March 2024 and were signed on its behalf by:





I R Sneddon - Director


CLIK SCOTLAND LTD (REGISTERED NUMBER: SC614406)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1. STATUTORY INFORMATION

CLIK Scotland Ltd is a private company, limited by shares , registered in Scotland. 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.

The financial statements have been prepared on the going concern basis which assumes that the company will continue in operational existence for the foreseeable future. During the year to 31 July 2023 the company made a profit of £16,741 (2022 : £783) however it's total liabilities exceeded its assets by £51,674 (2022 : £68,415).

The company is thus dependent on the continued financial support of the group to meets its day to day working capital requirements. On the basis of information available and from discussions with the director the company will be able to continue to operate and meet it's day to day working capital requirements. The director considers it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments which would result from the withdrawal of financial support.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on a straight line basis

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

CLIK SCOTLAND LTD (REGISTERED NUMBER: SC614406)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 August 2022
and 31 July 2023 2,481
DEPRECIATION
At 1 August 2022 1,118
Charge for year 136
At 31 July 2023 1,254
NET BOOK VALUE
At 31 July 2023 1,227
At 31 July 2022 1,363

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2022
and 31 July 2023 447,600
NET BOOK VALUE
At 31 July 2023 447,600
At 31 July 2022 447,600

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 5,555 5,555
Directors' current accounts 220,000 249,306
Accrued expenses 1,154 2,291
226,709 257,152

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 1-2 years 274,140 279,695

CLIK SCOTLAND LTD (REGISTERED NUMBER: SC614406)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 279,695 285,250

The bank loans are secured over the investment property.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100