IRIS Accounts Production v24.3.2.46 06574691 Board of Directors 1.5.23 31.5.24 31.5.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh065746912023-04-30065746912024-05-31065746912023-05-012024-05-31065746912022-04-30065746912022-05-012023-04-30065746912023-04-3006574691ns15:EnglandWales2023-05-012024-05-3106574691ns14:PoundSterling2023-05-012024-05-3106574691ns10:Director12023-05-012024-05-3106574691ns10:PrivateLimitedCompanyLtd2023-05-012024-05-3106574691ns10:SmallEntities2023-05-012024-05-3106574691ns10:AuditExempt-NoAccountantsReport2023-05-012024-05-3106574691ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-05-3106574691ns10:SmallCompaniesRegimeForAccounts2023-05-012024-05-3106574691ns10:FullAccounts2023-05-012024-05-3106574691ns10:RegisteredOffice2023-05-012024-05-3106574691ns5:CurrentFinancialInstruments2024-05-3106574691ns5:CurrentFinancialInstruments2023-04-3006574691ns5:ShareCapital2024-05-3106574691ns5:ShareCapital2023-04-3006574691ns5:RetainedEarningsAccumulatedLosses2024-05-3106574691ns5:RetainedEarningsAccumulatedLosses2023-04-3006574691ns5:PlantMachinery2023-05-012024-05-3106574691ns5:FurnitureFittings2023-05-012024-05-3106574691ns5:MotorVehicles2023-05-012024-05-3106574691ns5:PlantMachinery2023-04-3006574691ns5:FurnitureFittings2023-04-3006574691ns5:MotorVehicles2023-04-3006574691ns5:PlantMachinery2024-05-3106574691ns5:FurnitureFittings2024-05-3106574691ns5:MotorVehicles2024-05-3106574691ns5:PlantMachinery2023-04-3006574691ns5:FurnitureFittings2023-04-3006574691ns5:MotorVehicles2023-04-3006574691ns5:WithinOneYearns5:CurrentFinancialInstruments2024-05-3106574691ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-3006574691ns5:DeferredTaxation2023-04-3006574691ns5:DeferredTaxation2023-05-012024-05-3106574691ns5:DeferredTaxation2024-05-31065746911ns10:Director12023-04-30065746911ns10:Director12022-04-30065746911ns10:Director12023-05-012024-05-31065746911ns10:Director12022-05-012023-04-30065746911ns10:Director12024-05-31065746911ns10:Director12023-04-30
REGISTERED NUMBER: 06574691 (England and Wales)














Unaudited Financial Statements

for the Period 1 May 2023 to 31 May 2024

for

BOARDERLINE CLASSIC CARDS LIMITED

BOARDERLINE CLASSIC CARDS LIMITED (REGISTERED NUMBER: 06574691)

Contents of the Financial Statements
for the period 1 May 2023 to 31 May 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


BOARDERLINE CLASSIC CARDS LIMITED

Company Information
for the period 1 May 2023 to 31 May 2024







Directors: Mr M F Vowles





Registered office: 9 Meadow Way
Upminster
Essex
RM14 3AA





Registered number: 06574691 (England and Wales)





Accountants: Cooper Parry Advisory Limited
New Derwent House
69-73 Theobalds Road
London
WC1X 8TA

BOARDERLINE CLASSIC CARDS LIMITED (REGISTERED NUMBER: 06574691)

Statement of Financial Position
31 May 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 4 39,217 67,887

Current assets
Debtors 5 45,986 83,989
Cash at bank and in hand 74,804 18,957
120,790 102,946
Creditors
Amounts falling due within one year 6 66,359 70,119
Net current assets 54,431 32,827
Total assets less current liabilities 93,648 100,714

Provisions for liabilities 7 7,513 12,899
Net assets 86,135 87,815

Capital and reserves
Called up share capital 8 100 100
Retained earnings 86,035 87,715
Shareholders' funds 86,135 87,815

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 23 January 2025 and were signed on its behalf by:





Mr M F Vowles - Director


BOARDERLINE CLASSIC CARDS LIMITED (REGISTERED NUMBER: 06574691)

Notes to the Financial Statements
for the period 1 May 2023 to 31 May 2024


1. Statutory information

Boarderline Classic Cards Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover from the sale of goods is recognised once the risks and rewards of ownership have passed to the customer. Usually once the customer has received said goods.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities, or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all of its liabilities.

Taxation
Taxation for the period 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

BOARDERLINE CLASSIC CARDS LIMITED (REGISTERED NUMBER: 06574691)

Notes to the Financial Statements - continued
for the period 1 May 2023 to 31 May 2024


3. Employees and directors

The average number of employees during the period was 4 (2023 - 4 ) .

4. Tangible fixed assets
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
Cost
At 1 May 2023 99,229 7,464 62,958 169,651
Additions 3,000 - - 3,000
Disposals (90,261 ) - (6,687 ) (96,948 )
At 31 May 2024 11,968 7,464 56,271 75,703
Depreciation
At 1 May 2023 78,280 5,277 18,207 101,764
Charge for period 1,201 303 9,998 11,502
Eliminated on disposal (71,519 ) - (5,261 ) (76,780 )
At 31 May 2024 7,962 5,580 22,944 36,486
Net book value
At 31 May 2024 4,006 1,884 33,327 39,217
At 30 April 2023 20,949 2,187 44,751 67,887

5. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 41,335 67,873
Other debtors 4,651 16,116
45,986 83,989

6. Creditors: amounts falling due within one year
2024 2023
£    £   
Trade creditors 8,469 14,626
Taxation and social security 33,030 15,031
Other creditors 24,860 40,462
66,359 70,119

7. Provisions for liabilities
2024 2023
£    £   
Deferred tax 7,513 12,899

BOARDERLINE CLASSIC CARDS LIMITED (REGISTERED NUMBER: 06574691)

Notes to the Financial Statements - continued
for the period 1 May 2023 to 31 May 2024


7. Provisions for liabilities - continued

Deferred
tax
£   
Balance at 1 May 2023 12,899
Provided during period (5,386 )
Balance at 31 May 2024 7,513

8. Called up share capital

At the end of the financial year the following share classes are in place:

Number: Class: Nominal 2024 2023
value: £ £
100 Ordinary £1 0 100
55 Ordinary A £1 55 0
35 Ordinary B £1 35 0
10 Ordinary C £1 10 0

100 100

During the year 100 Ordinary shares were converted into Ordinary A, B and C shares.

9. Directors' advances, credits and guarantees

The following advances and credits to a director subsisted during the period ended 31 May 2024 and the year ended 30 April 2023:

2024 2023
£    £   
Mr M F Vowles
Balance outstanding at start of period 119 (6 )
Amounts repaid (19,265 ) 125
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period (460 ) 119

Amounts outstanding at the balance sheet date were interest free and repayable upon demand.