Company Registration No. 14919907 (England and Wales)
Adclix Ltd
Unaudited accounts
for the year ended 31 December 2024
Adclix Ltd
Company Information
for the year ended 31 December 2024
Company Number
14919907 (England and Wales)
Registered Office
A And L
Suite 1-3 Hop Exchange
24 Southwark Street
London
SE1 1TY
England
Accountants
Accounts and Legal Consultants Ltd
Suite 1-3, The Hop Exchange
24 Southwark Street
London
SE1 1TY
Adclix Ltd
Statement of financial position
as at 31 December 2024
Cash at bank and in hand
42,663
97,003
Creditors: amounts falling due within one year
(378,671)
(226,150)
Net current assets
39,031
2,175
Called up share capital
100
100
Profit and loss account
44,100
2,075
Shareholders' funds
44,200
2,175
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 September 2025 and were signed on its behalf by
Abraham Bolt
Director
Company Registration No. 14919907
Adclix Ltd
Notes to the Accounts
for the year ended 31 December 2024
Adclix Ltd is a private company, limited by shares, registered in England and Wales, registration number 14919907. The registered office is A And L, Suite 1-3 Hop Exchange, 24 Southwark Street, London, SE1 1TY, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% Straight Line
Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
Short term debtors are measured at transaction price, less any impairment. Loans receivables are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
Adclix Ltd
Notes to the Accounts
for the year ended 31 December 2024
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
The current tax liability is based on taxable profit for the current or past reporting periods. The entity’s taxable profit differs from the profit reported in profit or loss for the year because of items of income or expense which are taxable or deductible in different periods together with items which are beyond the scope of taxation and hence are never taxable or deductible. The entity’s liability for current tax is calculated using tax rates which have been enacted, or substantively enacted, by the reporting date.
4
Tangible fixed assets
Plant & machinery
5
Investments
Subsidiary undertakings
Valuation at 1 January 2024
-
Valuation at 31 December 2024
4,219
Amounts falling due within one year
Trade debtors
312,747
112,816
Accrued income and prepayments
792
-
Adclix Ltd
Notes to the Accounts
for the year ended 31 December 2024
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
367,374
179,618
Taxes and social security
9,708
487
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).