Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-312025-03-3116false2024-04-01falseNo description of principal activity16truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 06841215 2024-04-01 2025-03-31 06841215 2023-04-01 2024-03-31 06841215 2025-03-31 06841215 2024-03-31 06841215 2023-04-01 06841215 c:CompanySecretary1 2024-04-01 2025-03-31 06841215 c:Director1 2024-04-01 2025-03-31 06841215 c:Director2 2024-04-01 2025-03-31 06841215 c:RegisteredOffice 2024-04-01 2025-03-31 06841215 d:PlantMachinery 2024-04-01 2025-03-31 06841215 d:PlantMachinery 2025-03-31 06841215 d:PlantMachinery 2024-03-31 06841215 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 06841215 d:FurnitureFittings 2024-04-01 2025-03-31 06841215 d:OfficeEquipment 2024-04-01 2025-03-31 06841215 d:CurrentFinancialInstruments 2025-03-31 06841215 d:CurrentFinancialInstruments 2024-03-31 06841215 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 06841215 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 06841215 d:ShareCapital 2024-04-01 2025-03-31 06841215 d:ShareCapital 2025-03-31 06841215 d:ShareCapital 2023-04-01 2024-03-31 06841215 d:ShareCapital 2024-03-31 06841215 d:ShareCapital 2023-04-01 06841215 d:CapitalRedemptionReserve 2024-04-01 2025-03-31 06841215 d:CapitalRedemptionReserve 2025-03-31 06841215 d:CapitalRedemptionReserve 2023-04-01 2024-03-31 06841215 d:CapitalRedemptionReserve 2024-03-31 06841215 d:CapitalRedemptionReserve 2023-04-01 06841215 d:OtherMiscellaneousReserve 2024-04-01 2025-03-31 06841215 d:OtherMiscellaneousReserve 2025-03-31 06841215 d:OtherMiscellaneousReserve 2023-04-01 2024-03-31 06841215 d:OtherMiscellaneousReserve 2024-03-31 06841215 d:OtherMiscellaneousReserve 2023-04-01 06841215 d:RetainedEarningsAccumulatedLosses 2024-04-01 2025-03-31 06841215 d:RetainedEarningsAccumulatedLosses 2025-03-31 06841215 d:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31 06841215 d:RetainedEarningsAccumulatedLosses 2024-03-31 06841215 d:RetainedEarningsAccumulatedLosses 2023-04-01 06841215 c:FRS102 2024-04-01 2025-03-31 06841215 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 06841215 c:FullAccounts 2024-04-01 2025-03-31 06841215 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 06841215 d:AcceleratedTaxDepreciationDeferredTax 2025-03-31 06841215 d:AcceleratedTaxDepreciationDeferredTax 2024-03-31 06841215 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2025-03-31 06841215 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2024-03-31 06841215 d:LeasedAssetsHeldAsLessee 2025-03-31 06841215 d:LeasedAssetsHeldAsLessee 2024-03-31 06841215 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure
Company registration number: 06841215







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2025


LICK N STICK GRAPHICS LIMITED






































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LICK N STICK GRAPHICS LIMITED
 


 
COMPANY INFORMATION


Directors
P J Cobby 
R J Long 




Company secretary
S Elliott



Registered number
06841215



Registered office
4th Floor
95 Gresham Street

London

EC2V 7AB




Accountants
Menzies LLP
Chartered Accountants

4th Floor

95 Gresham Street

London

EC2V 7AB





 


LICK N STICK GRAPHICS LIMITED
 



CONTENTS



Page
Statement of Financial Position
1 - 2
Statement of Changes in Equity
3
Notes to the Financial Statements
4 - 8


 


LICK N STICK GRAPHICS LIMITED
REGISTERED NUMBER:06841215



STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2025

2025
2024
Note
£
£

Fixed assets
  

Tangible Fixed Assets
 4 
118,163
138,709

  
118,163
138,709

Current assets
  

Stocks
  
30,673
34,152

Debtors: amounts falling due within one year
 5 
182,210
195,465

Cash at bank and in hand
  
239,226
204,744

  
452,109
434,361

Creditors: amounts falling due within one year
 6 
(208,800)
(224,125)

Net current assets
  
 
 
243,309
 
 
210,236

Total assets less current liabilities
  
361,472
348,945

Provisions for liabilities
  

Deferred tax
 7 
(29,541)
(34,678)

  
 
 
(29,541)
 
 
(34,678)

Net assets
  
331,931
314,267


Capital and reserves
  

Called up share capital 
  
9,000
9,000

Capital contribution reserve
  
-
19

Other reserves
  
1,000
1,000

Profit and loss account
  
321,931
304,248

  
331,931
314,267


Page 1

 


LICK N STICK GRAPHICS LIMITED
REGISTERED NUMBER:06841215


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2025

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 



P J Cobby
R J Long
Director
Director


Date: 1 August 2025


The notes on pages 4 to 8 form part of these financial statements.

Page 2

 


LICK N STICK GRAPHICS LIMITED
 



STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2025


Called up share capital
Capital contribution reserve
Other reserves
Profit and loss account
Total equity

£
£
£
£
£

At 1 April 2023
9,000
646
1,000
265,307
275,953


Comprehensive income for the year

Profit for the year

-
-
-
40,204
40,204


Other comprehensive income for the year
-
-
-
-
-


Total comprehensive income for the year
-
-
-
40,204
40,204


Contributions by and distributions to owners

Dividends: Equity capital
-
-
-
(1,890)
(1,890)

Transfer to/from profit and loss account
-
(627)
-
627
-


Total transactions with owners
-
(627)
-
(1,263)
(1,890)


At 1 April 2024
9,000
19
1,000
304,248
314,267


Comprehensive income for the year

Profit for the year

-
-
-
17,664
17,664


Other comprehensive income for the year
-
-
-
-
-


Total comprehensive income for the year
-
-
-
17,664
17,664

Transfer to/from profit and loss account
-
(19)
-
19
-


Total transactions with owners
-
(19)
-
19
-


At 31 March 2025
9,000
-
1,000
321,931
331,931


The notes on pages 4 to 8 form part of these financial statements.

Page 3

 


LICK N STICK GRAPHICS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1.


General information

Lick n Stick Graphics Limited is a private company, limited by shares, registered in England and Wales, registration number 6841215. The registered office is 4th Floor 95 Gresham Street, London, EC2V 7AB.. The principal place of business is Alexandra House, Delta Way, Thorpe, Egham, TW20 8RX.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the company has transferred the significant risks and rewards of ownership to the buyer;
the company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Page 4

 


LICK N STICK GRAPHICS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.4

Operating leases: the company as lessee

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

 
2.5

Pensions

Defined contribution pension plan

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the company in independently administered funds.

 
2.6

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 5

 


LICK N STICK GRAPHICS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)


2.7
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

The estimated useful lives range as follows:

Plant and machinery
-
3-7 years straight line
Fixtures and fittings
-
5 years straight line
Office equipment
-
2 years straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

  
2.8

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.
At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.9

Financial instruments

The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

 
2.10

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 16 (2024 - 16).

Page 6

 


LICK N STICK GRAPHICS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

4.


Tangible fixed assets





Plant and machinery

£



Cost or valuation


At 1 April 2024
505,344


Additions
9,957


Disposals
(68,623)



At 31 March 2025

446,678



Depreciation


At 1 April 2024
366,635


Charge for the year on owned assets
30,503


Disposals
(68,623)



At 31 March 2025

328,515



Net book value



At 31 March 2025
118,163



At 31 March 2024
138,709

The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:


2025
2024
£
£



Plant and machinery
-
7,295

-
7,295


5.


Debtors

2025
2024
£
£


Trade debtors
112,276
144,352

Prepayments and accrued income
69,934
51,113

182,210
195,465


Page 7

 


LICK N STICK GRAPHICS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

6.


Creditors: Amounts falling due within one year

2025
2024
£
£

Trade creditors
101,752
100,993

Corporation tax
3,146
-

Other taxation and social security
37,472
51,220

Other creditors
48,366
53,381

Accruals and deferred income
18,064
18,531

208,800
224,125



7.


Deferred taxation




2025
2024


£

£






At beginning of year
(34,678)
(11,864)


Charged to profit or loss
5,137
(22,814)



At end of year
(29,541)
(34,678)

2025
2024
£
£


Accelerated capital allowances
(29,541)
(34,678)

(29,541)
(34,678)


8.


Related party transactions

At the year end 31 March 2025 there was a balance due to the directors of £32,039 (2024: £32,084). There was no interest charged on the balance.

 
Page 8