IRIS Accounts Production v25.1.4.42 08897277 Board of Directors 1.1.24 31.12.24 31.12.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh088972772023-12-31088972772024-12-31088972772024-01-012024-12-31088972772022-12-31088972772023-01-012023-12-31088972772023-12-3108897277ns15:EnglandWales2024-01-012024-12-3108897277ns14:PoundSterling2024-01-012024-12-3108897277ns10:Director12024-01-012024-12-3108897277ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3108897277ns10:SmallEntities2024-01-012024-12-3108897277ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3108897277ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3108897277ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3108897277ns10:FullAccounts2024-01-012024-12-310889727712024-01-012024-12-3108897277ns5:CurrentFinancialInstruments2024-12-3108897277ns5:CurrentFinancialInstruments2023-12-3108897277ns5:Non-currentFinancialInstruments2024-12-3108897277ns5:Non-currentFinancialInstruments2023-12-3108897277ns5:ShareCapital2024-12-3108897277ns5:ShareCapital2023-12-3108897277ns5:RetainedEarningsAccumulatedLosses2024-12-3108897277ns5:RetainedEarningsAccumulatedLosses2023-12-3108897277ns10:RegisteredOffice2024-01-012024-12-3108897277ns5:IntangibleAssetsOtherThanGoodwill2024-01-012024-12-3108897277ns5:ComputerSoftware2024-01-012024-12-3108897277ns5:PlantMachinery2024-01-012024-12-3108897277ns5:MotorVehicles2024-01-012024-12-3108897277ns5:ComputerEquipment2024-01-012024-12-3108897277ns5:ComputerSoftware2023-12-3108897277ns5:ComputerSoftware2024-12-3108897277ns5:ComputerSoftware2023-12-3108897277ns5:PlantMachinery2023-12-3108897277ns5:MotorVehicles2023-12-3108897277ns5:ComputerEquipment2023-12-3108897277ns5:PlantMachinery2024-12-3108897277ns5:MotorVehicles2024-12-3108897277ns5:ComputerEquipment2024-12-3108897277ns5:PlantMachinery2023-12-3108897277ns5:MotorVehicles2023-12-3108897277ns5:ComputerEquipment2023-12-3108897277ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-12-3108897277ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-12-3108897277ns5:LeasedAssetsHeldAsLessee2023-12-3108897277ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2024-01-012024-12-3108897277ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-01-012024-12-3108897277ns5:LeasedAssetsHeldAsLessee2024-01-012024-12-3108897277ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2024-12-3108897277ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-12-3108897277ns5:LeasedAssetsHeldAsLessee2024-12-3108897277ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-12-3108897277ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-12-3108897277ns5:LeasedAssetsHeldAsLessee2023-12-3108897277ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3108897277ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3108897277ns5:WithinOneYearns5:CurrentFinancialInstrumentsns5:HirePurchaseContracts2024-12-3108897277ns5:WithinOneYearns5:CurrentFinancialInstrumentsns5:HirePurchaseContracts2023-12-3108897277ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2024-12-3108897277ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2023-12-3108897277ns5:HirePurchaseContracts2024-12-3108897277ns5:HirePurchaseContracts2023-12-31
REGISTERED NUMBER: 08897277 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Click N Drive Limited

Click N Drive Limited (Registered number: 08897277)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Balance Sheet 1

Notes to the Financial Statements 2


Click N Drive Limited (Registered number: 08897277)

Balance Sheet
31 December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 1,000
Tangible assets 5 266,625 42,457
266,625 43,457

CURRENT ASSETS
Debtors 6 332,267 384,990
Cash at bank and in hand 238,990 225,424
571,257 610,414
CREDITORS
Amounts falling due within one year 7 229,518 291,759
NET CURRENT ASSETS 341,739 318,655
TOTAL ASSETS LESS CURRENT LIABILITIES 608,364 362,112

CREDITORS
Amounts falling due after more than one year 8 (192,111 ) (12,458 )

PROVISIONS FOR LIABILITIES (66,656 ) (10,613 )
NET ASSETS 349,597 339,041

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 349,497 338,941
SHAREHOLDERS' FUNDS 349,597 339,041

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 August 2025 and were signed on its behalf by:



Mr D Beardmore - Director


Click N Drive Limited (Registered number: 08897277)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Click N Drive Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 08897277

Registered office: 4 Queen Street
Newcastle
ST5 1ED

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


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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue is recognised as the company becomes entitled to consideration for the services supplied. Therefore, turnover also includes the element of work completed but not yet invoiced.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

Click N Drive Limited (Registered number: 08897277)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 11 ) .

4. INTANGIBLE FIXED ASSETS
Computer
software
£   
COST
At 1 January 2024
and 31 December 2024 5,000
AMORTISATION
At 1 January 2024 4,000
Amortisation for year 1,000
At 31 December 2024 5,000
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 1,000

5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2024 10,000 31,861 37,716 79,577
Additions 268,777 40,601 3,664 313,042
At 31 December 2024 278,777 72,462 41,380 392,619
DEPRECIATION
At 1 January 2024 2,641 10,324 24,155 37,120
Charge for year 69,033 15,535 4,306 88,874
At 31 December 2024 71,674 25,859 28,461 125,994
NET BOOK VALUE
At 31 December 2024 207,103 46,603 12,919 266,625
At 31 December 2023 7,359 21,537 13,561 42,457

Click N Drive Limited (Registered number: 08897277)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 January 2024 - 28,861 28,861
Additions 261,640 - 261,640
At 31 December 2024 261,640 28,861 290,501
DEPRECIATION
At 1 January 2024 - 7,666 7,666
Charge for year 65,409 5,299 70,708
At 31 December 2024 65,409 12,965 78,374
NET BOOK VALUE
At 31 December 2024 196,231 15,896 212,127
At 31 December 2023 - 21,195 21,195

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 323,361 384,890
Amounts owed by related parties 103 -
Other debtors 8,803 100
332,267 384,990

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts (see note 9) 71,685 6,500
Trade creditors 63,161 118,991
Taxation and social security 82,188 162,786
Other creditors 12,484 3,482
229,518 291,759

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts (see note 9) 184,668 12,458
Other creditors 7,443 -
192,111 12,458

Click N Drive Limited (Registered number: 08897277)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

9. LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2024 2023
£    £   
Net obligations repayable:
Within one year 71,685 6,500
Between one and five years 184,668 12,458
256,353 18,958

10. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 256,353 18,958

Hire purchase liabilities are secured on assets to which they relate.