REGISTERED NUMBER: 13826035 (England and Wales)

THE CLIC IT GROUP LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

Mr. C Lloyd

REGISTERED OFFICE:

4 St Arvans Road

Southville

Cwmbran

United Kingdom

NP44 3QG

REGISTERED NUMBER:

13826035 (England and Wales)

ACCOUNTANTS:

Carston ETL

Tudor House

16 Cathedral Road

Cardiff

CF11 9LJ

FIXED ASSETS

Tangible assets

4

42,411

3,328

CURRENT ASSETS

Debtors

5

20,034

13,189

Cash at bank

54,344

50,351

74,378

63,540

CREDITORS

Amounts falling due within one year

6

50,042

26,376

NET CURRENT ASSETS

24,336

37,164

TOTAL ASSETS LESS CURRENT LIABILITIES

66,747

40,492

CREDITORS

Amounts falling due after more than one year

7

41,243

-

NET ASSETS

25,504

40,492

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

25,503

40,491

SHAREHOLDERS' FUNDS

25,504

40,492

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 October 2025 and were signed by:

Mr. C Lloyd - Director

1.	STATUTORY INFORMATION

The Clic It Group Ltd 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.

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.

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% straight line on cost

Motor vehicles

-

20% on reducing balance

Computer equipment

-

25% straight line on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 February 2024

4,438

-

-

4,438

Additions

-

49,381

916

50,297

At 31 January 2025

4,438

49,381

916

54,735

DEPRECIATION

At 1 February 2024

1,110

-

-

1,110

Charge for year

1,109

9,876

229

11,214

At 31 January 2025

2,219

9,876

229

12,324

NET BOOK VALUE

At 31 January 2025

2,219

39,505

687

42,411

At 31 January 2024

3,328

-

-

3,328

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

Additions

49,381

At 31 January 2025

49,381

DEPRECIATION

Charge for year

9,876

At 31 January 2025

9,876

NET BOOK VALUE

At 31 January 2025

39,505

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

20,034

13,189

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

5,881

-

Trade creditors

4,606

10,785

Taxation and social security

8,891

11,993

Other creditors

30,664

3,598

50,042

26,376

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

41,243

-

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2025 and 31 January 2024:

2025

2024

£

£

Mr. C Lloyd

Balance outstanding at start of year

(2,748

)

-

Amounts advanced

30,110

6,662

Amounts repaid

(26,163

)

(9,410

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

1,199

(2,748

)

The advances to the director were repaid in full within 9 months.

9.	RELATED PARTY DISCLOSURES

At the year end the company owed £12,262 to Clic It Flooring Ltd in which the director has 100% ownership of the shares within this company.