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Registered number: 12603346
Click London Limited
Unaudited Financial Statements
For The Year Ended 31 May 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 12603346
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 - 11,698
Tangible Assets 5 3,996 10,748
3,996 22,446
CURRENT ASSETS
Debtors 6 123,190 167,726
Cash at bank and in hand 36,762 125,154
159,952 292,880
Creditors: Amounts Falling Due Within One Year 7 (124,967 ) (165,836 )
NET CURRENT ASSETS (LIABILITIES) 34,985 127,044
TOTAL ASSETS LESS CURRENT LIABILITIES 38,981 149,490
Creditors: Amounts Falling Due After More Than One Year 8 (37,338 ) (73,860 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (999 ) (5,689 )
NET ASSETS 644 69,941
CAPITAL AND RESERVES
Called up share capital 11 1 1
Profit and Loss Account 643 69,940
SHAREHOLDERS' FUNDS 644 69,941
Page 1
Page 2
For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
C M Cunningham
Director
22 May 2026
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Click London Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12603346 . The registered office is Avaland House, 110 London Road, Hemel Hempstead, Hertfordshire, HP3 9SD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% straight line
Computer Equipment 25% straight line
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.5. Foreign Currencies
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 rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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Page 4
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2024: 9)
8 9
4. Intangible Assets
Software Development Costs
£
Cost
As at 1 June 2024 12,316
Disposals (12,316 )
As at 31 May 2025 -
Amortisation
As at 1 June 2024 618
Disposals (618 )
As at 31 May 2025 -
Net Book Value
As at 31 May 2025 -
As at 1 June 2024 11,698
Page 4
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5. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 June 2024 8,079 13,690 21,769
Disposals (6,680 ) (1,977 ) (8,657 )
As at 31 May 2025 1,399 11,713 13,112
Depreciation
As at 1 June 2024 4,729 6,292 11,021
Provided during the period 350 2,395 2,745
Disposals (4,331 ) (319 ) (4,650 )
As at 31 May 2025 748 8,368 9,116
Net Book Value
As at 31 May 2025 651 3,345 3,996
As at 1 June 2024 3,350 7,398 10,748
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 119,085 43,891
Prepayments and accrued income 24 81,615
Other debtors - 42,220
Corporation tax debtor 4,081 -
123,190 167,726
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 5,398 1
Other loans 36,522 32,588
Corporation tax - 4,081
Other taxes and social security 4,277 4,565
VAT 39,817 44,876
Other creditors 22,896 11,955
...CONTINUED
Page 5
Page 6
Pensions 1,083 1,177
Accruals and deferred income 3,000 49,479
Director's loan account 11,974 17,114
124,967 165,836
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Other loans 37,338 73,860
9. Loans
An analysis of the maturity of loans is given below:
2025 2024
£ £
Amounts falling due within one year or on demand:
Other loans 36,522 32,588
2025 2024
£ £
Amounts falling due between one and five years:
Other loans 37,338 73,860
11. Share Capital
2025 2024
Allotted, called up and fully paid £ £
1 Ordinary Shares of £ 1.00 each 1 1
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