Company Registration No. SC661473 (Scotland)
Cards Den Limited
Unaudited accounts
for the year ended 31 May 2024
Cards Den Limited
Unaudited accounts
Contents
Cards Den Limited
Company Information
for the year ended 31 May 2024
Director
Mr Luis Miguel Godinho Gabriel
Company Number
SC661473 (Scotland)
Registered Office
116 NORMAN RISE
LIVINGSTON
EH54 6LZ
SCOTLAND
Accountants
Added Accounting Ltd
8 Whitehouse Crescent
Gorebridge
EH23 4FT
Cards Den Limited
Statement of financial position
as at 31 May 2024
Tangible assets
1,241
2,082
Cash at bank and in hand
12,191
9,126
Creditors: amounts falling due within one year
(15,527)
(16,323)
Net current assets
2,480
2,018
Called up share capital
100
100
Profit and loss account
3,621
4,000
Shareholders' funds
3,721
4,100
For the year ending 31 May 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 29 November 2024 and were signed on its behalf by
Mr Luis Miguel Godinho Gabriel
Director
Company Registration No. SC661473
Cards Den Limited
Notes to the Accounts
for the year ended 31 May 2024
Cards Den Limited is a private company, limited by shares, registered in Scotland, registration number SC661473. The registered office is 116 NORMAN RISE, LIVINGSTON, EH54 6LZ, SCOTLAND.
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.
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
20% - Straight line
Computer equipment
33.33% - Straight line
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Cards Den Limited
Notes to the Accounts
for the year ended 31 May 2024
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2023
3,998
773
4,771
At 31 May 2024
3,998
773
4,771
At 1 June 2023
1,958
731
2,689
Charge for the year
799
42
841
At 31 May 2024
2,757
773
3,530
At 31 May 2024
1,241
-
1,241
At 31 May 2023
2,040
42
2,082
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
343
296
Loans from directors
14,592
15,313
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).