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FINE ART CARDS LIMITED

Registered Number
11281748
(England and Wales)

Unaudited Financial Statements for the Year ended
30 April 2025

FINE ART CARDS LIMITED
Company Information
for the year from 1 May 2024 to 30 April 2025

Directors

James Paul Drake
James Andrew Jones

Registered Address

2 Cresta Close
Polegate
BN26 6PG

Registered Number

11281748 (England and Wales)
FINE ART CARDS LIMITED
Statement of Financial Position
30 April 2025

Notes

2025

2024

£

£

£

£

Fixed assets
Tangible assets3621585
621585
Current assets
Debtors10,53617,475
Cash at bank and on hand95,619112,723
106,155130,198
Creditors amounts falling due within one year(10,047)(9,878)
Net current assets (liabilities)96,108120,320
Total assets less current liabilities96,729120,905
Net assets96,729120,905
Capital and reserves
Called up share capital100100
Profit and loss account96,629120,805
Shareholders' funds96,729120,905
The financial statements were approved and authorised for issue by the Board of Directors on 26 August 2025, and are signed on its behalf by:
James Paul Drake
Director
Registered Company No. 11281748
FINE ART CARDS LIMITED
Notes to the Financial Statements
for the year ended 30 April 2025

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
2.Average number of employees

20252024
Average number of employees during the year11
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 May 249,039
Additions425
At 30 April 259,464
Depreciation and impairment
At 01 May 248,453
Charge for year390
At 30 April 258,843
Net book value
At 30 April 25621
At 30 April 24585