Abbreviated Company Accounts - CLICK DISTRIBUTION (UK) LIMITED

CLICK DISTRIBUTION (UK) LIMITED - Company Information

06676716 CLICK DISTRIBUTION (UK) LIMITED 2015-12-31 false 2015-01-01 2015-12-31 true 06676716 2015-01-01 2015-12-31 06676716 2015-12-31 06676716 2014-12-31 06676716 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 06676716 uk-gaap-cd-bus:Director2 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP shares

Registered Number 06676716

CLICK DISTRIBUTION (UK) LIMITED

Abbreviated Accounts

31 December 2015

CLICK DISTRIBUTION (UK) LIMITED Registered Number 06676716

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	12,200	11,375
Investments	3	103,000	103,000
		115,200	114,375
Current assets
Stocks		207,997	212,208
Debtors		962,580	597,697
Cash at bank and in hand		95,158	425,872
		1,265,735	1,235,777
Creditors: amounts falling due within one year	4	(952,798)	(615,692)
Net current assets (liabilities)		312,937	620,085
Total assets less current liabilities		428,137	734,460
Creditors: amounts falling due after more than one year	4	(103,000)	(103,000)
Provisions for liabilities		(2,073)	(1,524)
Total net assets (liabilities)		323,064	629,936
Capital and reserves
Called up share capital	5	60	100
Other reserves		40	-
Profit and loss account		322,964	629,836
Shareholders' funds		323,064	629,936

For the year ending 31 December 2015 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 19 August 2016

And signed on their behalf by:
M Hillier, Director

CLICK DISTRIBUTION (UK) LIMITED Registered Number 06676716

Notes to the Abbreviated Accounts for the period ended 31 December 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover comprises the invoice value of goods and services supplied by the company and commission earned on sales as agent for a third party, exclusive of VAT.

Tangible assets depreciation policy
The cost of tangible fixed assets is written off over their expected useful lives as follows:
plant and machinery etc. - 4 years
leasehold property alterations - 4 years
In accordance with SSAP19 the investment property is not depreciated.

Valuation information and policy
Stocks are valued at the lower of cost, on a first in first out basis, and net realisable value after making due allowance for any obsolete or slow moving items.

Other accounting policies
Rentals applicable to operating leases, where substantially all of the benefits and risks of ownership remain with the lessor, are charged against profit as incurred.
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 of exchange ruling at the date of the transaction. Exchange differences on settlement are charged to the profit and loss account.
Provision has been made in full for deferred tax, using the liability method, on all material timing differences which are not expected to continue in the future.

2Tangible fixed assets

	£
Cost
At 1 January 2015	34,387
Additions	7,094
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	41,481
Depreciation
At 1 January 2015	23,012
Charge for the year	6,269
On disposals	-
At 31 December 2015	29,281
Net book values
At 31 December 2015	12,200
At 31 December 2014	11,375

3Fixed assets Investments
Long leasehold investment property stated at current open market value. Valuation assessed by the directors.

4Creditors

	2015 £	2014 £
Secured Debts	-	1,000,000

5Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
60 Ordinary shares of £1 each (100 shares for 2014)	60	100

The company repurchased for cancellation 40 shares in February 2015 for £425,000.