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REGISTERED NUMBER: 13040368 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

Cards-X Uk Ltd

Cards-X Uk Ltd (Registered number: 13040368)

Contents of the Financial Statements
for the year ended 31 March 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Cards-X Uk Ltd

Company Information
for the year ended 31 March 2025







DIRECTORS: N B K-mmerling
A R Reeves





REGISTERED OFFICE: F6 The Bloc 38 Springfield Way
Anlaby
Kingston Upon Hull
East Yorkshire
HU10 6RJ





REGISTERED NUMBER: 13040368 (England and Wales)





ACCOUNTANTS: Marshall & Co
Chartered Accountants
& Chartered Tax Advisers
The Bloc
Springfield Way
Anlaby
Kingston upon Hull
East Yorkshire
HU10 6RJ

Cards-X Uk Ltd (Registered number: 13040368)

Balance Sheet
31 March 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 46,444 45,309

CURRENT ASSETS
Stocks 180,811 129,490
Debtors 5 243,266 197,303
Cash at bank 7,316 6,004
431,393 332,797
CREDITORS
Amounts falling due within one year 6 643,533 682,668
NET CURRENT LIABILITIES (212,140 ) (349,871 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(165,696

)

(304,562

)

CREDITORS
Amounts falling due after more than one year 7 - 10,221
NET LIABILITIES (165,696 ) (314,783 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (165,796 ) (314,883 )
(165,696 ) (314,783 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

Cards-X Uk Ltd (Registered number: 13040368)

Balance Sheet - continued
31 March 2025


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 July 2025 and were signed on its behalf by:





A R Reeves - Director


Cards-X Uk Ltd (Registered number: 13040368)

Notes to the Financial Statements
for the year ended 31 March 2025


1. STATUTORY INFORMATION

Cards-X Uk Ltd 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.

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.

At the balance sheet date, the company's liabilities exceeded its assets. However the directors are of the opinion that due to the continued support of the company's creditors it continues to be a going concern.

On this basis, the directors consider it appropriate to prepare the accounts on a going concern basis. However, should the financial support mentioned above not be forthcoming, the going concern basis used in preparing the company's accounts may be invalid and adjustments would have to be made to reduce the value of assets to their realisable amount and to provide for any further liabilities which might arise. The accounts do not include any adjustments to the company's assets or liabilities that might be necessary should this basis not continue to be appropriate.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 etc - 15% on reducing balance and 15% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.


Cards-X Uk Ltd (Registered number: 13040368)

Notes to the Financial Statements - continued
for the year ended 31 March 2025


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 year 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 8 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024 63,292
Additions 9,028
At 31 March 2025 72,320
DEPRECIATION
At 1 April 2024 17,983
Charge for year 7,893
At 31 March 2025 25,876
NET BOOK VALUE
At 31 March 2025 46,444
At 31 March 2024 45,309

Cards-X Uk Ltd (Registered number: 13040368)

Notes to the Financial Statements - continued
for the year ended 31 March 2025


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 238,348 195,072
Other debtors 4,918 2,231
243,266 197,303

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 255,560 362,773
Taxation and social security 106,212 80,469
Other creditors 281,761 239,426
643,533 682,668

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Other creditors - 10,221

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025 2024
£    £   
A R Reeves
Balance outstanding at start of year 1,345 1,422
Amounts advanced 3,390 1,345
Amounts repaid (1,345 ) (1,422 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 3,390 1,345