Company Registration No. 7914170 (England and Wales)
The Click Advisor Ltd
Unaudited accounts
for the year ended 31 January 2017
The Click Advisor Ltd
Unaudited accounts
Contents
The Click Advisor Ltd
Company Information
for the year ended 31 January 2017
Directors
Matthew Meecham
David Rogers
Company Number
7914170 (England and Wales)
Registered Office
9th Floor
Regent House
Heaton Lane
Stockport
SK4 1BS
The Click Advisor Ltd
Statement of financial position
as at
31 January 2017
Tangible assets
13,734
3,636
Cash at bank and in hand
200,169
117,875
Creditors: amounts falling due within one year
(120,403)
(46,637)
Net current assets
93,483
79,699
Total assets less current liabilities
107,217
83,335
Provisions for liabilities
Deferred tax
(2,747)
(800)
Net assets
104,470
82,535
Called up share capital
200
200
Profit and loss account
104,270
82,335
Shareholders' funds
104,470
82,535
For the year ending 31 January 2017 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 directors acknowledge their 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.
Approved by the Board on 17 October 2017.
Matthew Meecham
Director
Company Registration No. 7914170
The Click Advisor Ltd
Notes to the Accounts
for the year ended 31 January 2017
The Click Advisor Ltd is a private company, limited by shares, registered in England and Wales, registration number 7914170. The registered office and principal place of business is 9th Floor, Regent House, Heaton Lane, Stockport, SK4 1BS.
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.
These financial statements for the year ended 31 January 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 February 2016.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention.
The accounts are presented in £ sterling.
Turnover represents the value, net of discounts, of services provided to customers.
Tangible fixed assets policy
Depreciation is charged at a rate of 25% of cost in order to write assets off over their estimated useful life.
Intangible fixed assets are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The Click Advisor Ltd
Notes to the Accounts
for the year ended 31 January 2017
4
Intangible fixed assets
Other
5
Tangible fixed assets
Fixtures & fittings
Cost or valuation
At cost
At 31 January 2017
25,831
Charge for the year
6,457
At 31 January 2017
12,097
At 31 January 2017
13,734
Other debtors
5,487
8,461
7
Creditors: amounts falling due within one year
2017
2016
Taxes and social security
55,010
46,113
Other creditors
63,693
480
Loans from directors
-
44
The Click Advisor Ltd
Notes to the Accounts
for the year ended 31 January 2017
8
Share capital
2017
2016
Allotted, called up and fully paid:
120 Ordinary A shares of £1 each
120
120
80 Ordinary B shares of £1 each
80
80
9
Transactions with related parties
£78,000 dividends were paid to the director M Meecham (2016: £71,000) and £87,250 to the director D Rogers (2016: £65,000).
The Company is under the control of Mr M Meecham.
11
Average number of employees
During the year the average number of employees was 16 (2016: 6).