Acorah Software Products - Accounts Production 16.0.110 false true 28 February 2023 1 March 2022 false 1 March 2023 28 February 2024 28 February 2024 09426553 Mr Riccardo Sozzi iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09426553 2023-02-28 09426553 2024-02-28 09426553 2023-03-01 2024-02-28 09426553 frs-core:CurrentFinancialInstruments 2024-02-28 09426553 frs-core:Non-currentFinancialInstruments 2024-02-28 09426553 frs-core:FurnitureFittings 2024-02-28 09426553 frs-core:FurnitureFittings 2023-03-01 2024-02-28 09426553 frs-core:FurnitureFittings 2023-02-28 09426553 frs-core:MotorVehicles 2024-02-28 09426553 frs-core:MotorVehicles 2023-03-01 2024-02-28 09426553 frs-core:MotorVehicles 2023-02-28 09426553 frs-core:ShareCapital 2024-02-28 09426553 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28 09426553 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 09426553 frs-bus:FilletedAccounts 2023-03-01 2024-02-28 09426553 frs-bus:SmallEntities 2023-03-01 2024-02-28 09426553 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-28 09426553 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-28 09426553 frs-bus:Director1 2023-03-01 2024-02-28 09426553 frs-countries:EnglandWales 2023-03-01 2024-02-28 09426553 2022-02-28 09426553 2023-02-28 09426553 2022-03-01 2023-02-28 09426553 frs-core:CurrentFinancialInstruments 2023-02-28 09426553 frs-core:Non-currentFinancialInstruments 2023-02-28 09426553 frs-core:ShareCapital 2023-02-28 09426553 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 09426553
Click Limited
Unaudited Financial Statements
For The Year Ended 28 February 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09426553
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 84,447 33,162
84,447 33,162
CURRENT ASSETS
Stocks 60,000 60,000
Debtors 5 12,359 837
Cash at bank and in hand 92 5,027
72,451 65,864
Creditors: Amounts Falling Due Within One Year 6 (277,291 ) (136,693 )
NET CURRENT ASSETS (LIABILITIES) (204,840 ) (70,829 )
TOTAL ASSETS LESS CURRENT LIABILITIES (120,393 ) (37,667 )
Creditors: Amounts Falling Due After More Than One Year 7 (79,226 ) (68,700 )
NET LIABILITIES (199,619 ) (106,367 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (199,719 ) (106,467 )
SHAREHOLDERS' FUNDS (199,619) (106,367)
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For the year ending 28 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Riccardo Sozzi
Director
27/11/2024
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Click Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09426553 . The registered office is 25-27 Torbay Road, Paignton, Devon, TQ4 6AA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 20% on reducing balance
Fixtures & Fittings 15% on reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 5)
4 5
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4. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 March 2023 21,042 24,754 45,796
Additions 69,147 2,220 71,367
As at 28 February 2024 90,189 26,974 117,163
Depreciation
As at 1 March 2023 2,104 10,530 12,634
Provided during the period 17,617 2,465 20,082
As at 28 February 2024 19,721 12,995 32,716
Net Book Value
As at 28 February 2024 70,468 13,979 84,447
As at 1 March 2023 18,938 14,224 33,162
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 12,359 837
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 51,134 -
Trade creditors 6,516 1,718
Bank loans and overdrafts 10,947 10,947
Other creditors 208,694 120,731
Taxation and social security - 3,297
277,291 136,693
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 13,694 21,553
Other loans 65,532 47,147
79,226 68,700
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Related Party Transactions
At 28 February 2024, the company owed the director, Mr R Sozzi £208,694.16 (2023: £120,731.21).
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