IRIS Accounts Production v24.3.2.46 05419517 Board of Directors 1.10.23 30.9.24 30.9.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh054195172023-09-30054195172024-09-30054195172023-10-012024-09-30054195172022-09-30054195172022-10-012023-09-30054195172023-09-3005419517ns15:EnglandWales2023-10-012024-09-3005419517ns14:PoundSterling2023-10-012024-09-3005419517ns10:Director12023-10-012024-09-3005419517ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3005419517ns10:SmallEntities2023-10-012024-09-3005419517ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3005419517ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3005419517ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3005419517ns10:FullAccounts2023-10-012024-09-3005419517ns10:Director22023-10-012024-09-3005419517ns10:Director32023-10-012024-09-3005419517ns10:RegisteredOffice2023-10-012024-09-3005419517ns5:CurrentFinancialInstruments2024-09-3005419517ns5:CurrentFinancialInstruments2023-09-3005419517ns5:ShareCapital2024-09-3005419517ns5:ShareCapital2023-09-3005419517ns5:CapitalRedemptionReserve2024-09-3005419517ns5:CapitalRedemptionReserve2023-09-3005419517ns5:RetainedEarningsAccumulatedLosses2024-09-3005419517ns5:RetainedEarningsAccumulatedLosses2023-09-3005419517ns5:PlantMachinery2023-10-012024-09-3005419517ns5:FurnitureFittings2023-10-012024-09-3005419517ns5:ComputerEquipment2023-10-012024-09-3005419517ns5:PlantMachinery2023-09-3005419517ns5:FurnitureFittings2023-09-3005419517ns5:ComputerEquipment2023-09-3005419517ns5:PlantMachinery2024-09-3005419517ns5:FurnitureFittings2024-09-3005419517ns5:ComputerEquipment2024-09-3005419517ns5:PlantMachinery2023-09-3005419517ns5:FurnitureFittings2023-09-3005419517ns5:ComputerEquipment2023-09-3005419517ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3005419517ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-3005419517ns5:Non-currentFinancialInstruments2024-09-3005419517ns5:Non-currentFinancialInstruments2023-09-3005419517ns5:WithinOneYear2024-09-3005419517ns5:WithinOneYear2023-09-3005419517ns5:BetweenOneFiveYears2024-09-3005419517ns5:BetweenOneFiveYears2023-09-3005419517ns5:AllPeriods2024-09-3005419517ns5:AllPeriods2023-09-30054195171ns10:Director12023-09-30054195171ns10:Director12022-09-30054195171ns10:Director12023-10-012024-09-30054195171ns10:Director12022-10-012023-09-30054195171ns10:Director12024-09-30054195171ns10:Director12023-09-3005419517ns10:Director222023-09-3005419517ns10:Director222022-09-3005419517ns10:Director222023-10-012024-09-3005419517ns10:Director222022-10-012023-09-3005419517ns10:Director222024-09-3005419517ns10:Director222023-09-30
REGISTERED NUMBER: 05419517 (England and Wales)







Unaudited Financial Statements

for the Year Ended 30 September 2024

for

Kwik-Klik Hoardings Limited

Kwik-Klik Hoardings Limited (Registered number: 05419517)

Contents of the Financial Statements
for the Year Ended 30 September 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Kwik-Klik Hoardings Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: M D Papworth
J Rayner
W Gilbert





REGISTERED OFFICE: 28 Prescott Street
Halifax
West Yorkshire
HX1 2LG





REGISTERED NUMBER: 05419517 (England and Wales)





ACCOUNTANTS: Lindley Adams Limited Chartered Accountants
28 Prescott Street
Halifax
West Yorkshire
HX1 2LG

Kwik-Klik Hoardings Limited (Registered number: 05419517)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 38,971 8,105

CURRENT ASSETS
Stocks 465,565 388,852
Debtors 6 1,505,619 1,330,761
Cash at bank and in hand 1,883,660 1,157,518
3,854,844 2,877,131
CREDITORS
Amounts falling due within one year 7 890,549 665,563
NET CURRENT ASSETS 2,964,295 2,211,568
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,003,266

2,219,673

PROVISIONS FOR LIABILITIES 9,742 2,026
NET ASSETS 2,993,524 2,217,647

CAPITAL AND RESERVES
Called up share capital 400 272
Capital redemption reserve 51 51
Retained earnings 2,993,073 2,217,324
SHAREHOLDERS' FUNDS 2,993,524 2,217,647

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 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.

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 17 December 2024 and were signed on its behalf by:



M D Papworth - Director


Kwik-Klik Hoardings Limited (Registered number: 05419517)

Notes to the Financial Statements
for the Year Ended 30 September 2024


1. STATUTORY INFORMATION

Kwik-Klik Hoardings Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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 equipment - 15% on reducing balance
Computer equipment - 33% on cost

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 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.

Hire purchase and leasing commitments
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.

Kwik-Klik Hoardings Limited (Registered number: 05419517)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024


3. ACCOUNTING POLICIES - continued

Government grants
Grants represent the amounts received or due in the period over which they accrue. These are shown as Other Operating income within the accounts.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 28 (2023 - 25 ) .

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery equipment equipment Totals
£    £    £    £   
COST
At 1 October 2023 37,593 23,528 38,183 99,304
Additions - 15,000 30,000 45,000
At 30 September 2024 37,593 38,528 68,183 144,304
DEPRECIATION
At 1 October 2023 33,507 20,250 37,442 91,199
Charge for year 1,022 2,742 10,370 14,134
At 30 September 2024 34,529 22,992 47,812 105,333
NET BOOK VALUE
At 30 September 2024 3,064 15,536 20,371 38,971
At 30 September 2023 4,086 3,278 741 8,105

6. DEBTORS
30.9.24 30.9.23
£    £   
Amounts falling due within one year:
Trade debtors 1,218,172 896,251
Amounts owed by group undertakings - 90,854
Other debtors 264 21,530
Pension scheme loan - 14,359
Directors' loan accounts 200,150 88,334
Tax 115 115
Prepayments 19,733 8,977
1,438,434 1,120,420

Amounts falling due after more than one year:
Pension scheme loan - 180,909
Tax 67,185 29,432
67,185 210,341

Aggregate amounts 1,505,619 1,330,761

Kwik-Klik Hoardings Limited (Registered number: 05419517)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade creditors 576,453 402,424
Tax 168,416 170,764
Social security and other taxes 28,688 28,078
VAT 43,278 32,682
Other creditors 6,332 5,814
Accrued expenses 67,382 25,801
890,549 665,563

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
30.9.24 30.9.23
£    £   
Within one year 83,768 69,000
Between one and five years 176,496 215,250
260,264 284,250

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 September 2024 and 30 September 2023:

30.9.24 30.9.23
£    £   
M D Papworth
Balance outstanding at start of year 88,290 50,559
Amounts advanced 112,300 59,011
Amounts repaid (441 ) (21,280 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 200,149 88,290

J Rayner
Balance outstanding at start of year 44 (92 )
Amounts advanced 60,109 57,405
Amounts repaid (60,153 ) (57,269 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 44

Interest is charged at 2% /2.25%pa on overdrawn loans. All loans are repayable on demand.

10. ULTIMATE CONTROLLING PARTY

The company is a subsidiary of Jarniamh Holdings Ltd, a company controlled by M Papworth, a director.