Silverfin false false 30/06/2024 01/07/2023 30/06/2024 Mr J E Adams 17/07/2024 09/07/2018 Mr P D Snowden 17/07/2024 23/01/2019 Mr J Sones 17/07/2024 Mr A D Stevens 17/07/2024 30/04/2019 Mr J M Whatmore 17/07/2024 14 October 2024 The principal activity of the Company during the financial year was that of a holding company. 11454704 2024-06-30 11454704 bus:Director1 2024-06-30 11454704 bus:Director2 2024-06-30 11454704 bus:Director3 2024-06-30 11454704 bus:Director4 2024-06-30 11454704 bus:Director5 2024-06-30 11454704 2023-06-30 11454704 core:CurrentFinancialInstruments 2024-06-30 11454704 core:CurrentFinancialInstruments 2023-06-30 11454704 core:Non-currentFinancialInstruments 2024-06-30 11454704 core:Non-currentFinancialInstruments 2023-06-30 11454704 core:ShareCapital 2024-06-30 11454704 core:ShareCapital 2023-06-30 11454704 core:SharePremium 2024-06-30 11454704 core:SharePremium 2023-06-30 11454704 core:CapitalRedemptionReserve 2024-06-30 11454704 core:CapitalRedemptionReserve 2023-06-30 11454704 core:RetainedEarningsAccumulatedLosses 2024-06-30 11454704 core:RetainedEarningsAccumulatedLosses 2023-06-30 11454704 core:CostValuation 2023-06-30 11454704 core:CostValuation 2024-06-30 11454704 core:SubsidiariesWithMaterialNon-controllingInterests core:Non-currentFinancialInstruments 2024-06-30 11454704 core:SubsidiariesWithMaterialNon-controllingInterests core:Non-currentFinancialInstruments 2023-06-30 11454704 bus:OrdinaryShareClass1 2024-06-30 11454704 2023-07-01 2024-06-30 11454704 bus:FilletedAccounts 2023-07-01 2024-06-30 11454704 bus:SmallEntities 2023-07-01 2024-06-30 11454704 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 11454704 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 11454704 bus:Director1 2023-07-01 2024-06-30 11454704 bus:Director2 2023-07-01 2024-06-30 11454704 bus:Director3 2023-07-01 2024-06-30 11454704 bus:Director4 2023-07-01 2024-06-30 11454704 bus:Director5 2023-07-01 2024-06-30 11454704 2022-07-01 2023-06-30 11454704 core:Subsidiary1 2023-07-01 2024-06-30 11454704 core:Subsidiary1 1 2023-07-01 2024-06-30 11454704 core:Subsidiary1 1 2022-07-01 2023-06-30 11454704 core:Non-currentFinancialInstruments 2023-07-01 2024-06-30 11454704 bus:OrdinaryShareClass1 2023-07-01 2024-06-30 11454704 bus:OrdinaryShareClass1 2022-07-01 2023-06-30 iso4217:GBP xbrli:pure decimalUnit xbrli:shares

Company No: 11454704 (England and Wales)

CLIK HOLDINGS LIMITED

Unaudited Financial Statements
For the financial year ended 30 June 2024
Pages for filing with the registrar

CLIK HOLDINGS LIMITED

Unaudited Financial Statements

For the financial year ended 30 June 2024

Contents

CLIK HOLDINGS LIMITED

STATEMENT OF FINANCIAL POSITION

As at 30 June 2024
CLIK HOLDINGS LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

As at 30 June 2024
Note 2024 2023
£ £
Fixed assets
Investments 3 1,320,168 1,320,168
1,320,168 1,320,168
Current assets
Cash at bank and in hand 100,995 0
100,995 0
Creditors: amounts falling due within one year 4 ( 185) 0
Net current assets 100,810 0
Total assets less current liabilities 1,420,978 1,320,168
Creditors: amounts falling due after more than one year 5 ( 1,306,499) ( 1,206,479)
Net assets 114,479 113,689
Capital and reserves
Called-up share capital 6 64,019 64,019
Share premium account 37,500 37,500
Capital redemption reserve 12,170 12,170
Profit and loss account 790 0
Total shareholders' funds 114,479 113,689

For the financial year ending 30 June 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Clik Holdings Limited (registered number: 11454704) were approved and authorised for issue by the Board of Directors on 14 October 2024. They were signed on its behalf by:

Mr J Sones
Director
CLIK HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2024
CLIK HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Clik Holdings Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Unit 305 Zellig Building, Gibb Street, Birmingham, B9 4AA, England, United Kingdom. The principal place of business is The Tobacco Factory, Raleigh Road, Bristol, BS3 1TF.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The directors note that the business has net assets of £114,479. The Company is supported through loans from the Subsidiary Company. The directors have received assurances that the loan facilities will continue to be available for at least 12 months from the date of signing these financial statements and the Subsidiary Company will continue to support the Company. After making enquiries, the directors believe that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.

Dividend income

Dividend income from investments is recognised when the shareholders' rights to receive payment have been established (provided that it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably).

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 4 4

3. Fixed asset investments

Investments in subsidiaries

2024
£
Cost
At 01 July 2023 1,320,168
At 30 June 2024 1,320,168
Carrying value at 30 June 2024 1,320,168
Carrying value at 30 June 2023 1,320,168

Investments in shares

Name of entity Registered office Principal activity Class of
shares
Ownership
30.06.2024
Ownership
30.06.2023
Clik Limited The Tobacco Factory, Raleigh Road Southville, Bristol BS3 1TF Software development, authoring, consultancy and supply Ordinary 100.00% 100.00%

4. Creditors: amounts falling due within one year

2024 2023
£ £
Taxation and social security 185 0

5. Creditors: amounts falling due after more than one year

2024 2023
£ £
Amounts owed to own subsidiaries 1,306,499 1,206,479

There are no amounts included above in respect of which any security has been given by the small entity.

6. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
64,019 Ordinary shares of £ 1.00 each 64,019 64,019

7. Related party transactions

Dividends of £Nil (2023: £93,469) were paid to the directors during the year.