REGISTERED NUMBER: 08583032 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

PTS Stamp and Coin Exhibitions Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M Bloxham

S Carson

S J Rae

REGISTERED OFFICE:

Roland House

Princes Dock Street

Hull

East Yorkshire

HU1 2LD

REGISTERED NUMBER:

08583032 (England and Wales)

ACCOUNTANTS:

Try Lunn & Co

Chartered Accountants

Roland House

Princes Dock Street

HULL HU1 2LD

CREDITORS

Amounts falling due within one year

4

32,594

32,594

NET CURRENT LIABILITIES

(32,594

)

(32,594

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(32,594

)

(32,594

)

CAPITAL AND RESERVES

Called up share capital

5

1

1

Retained earnings

6

(32,595

)

(32,595

)

SHAREHOLDERS' FUNDS

(32,594

)

(32,594

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2025 and were signed on its behalf by:

S J Rae - Director

1.	STATUTORY INFORMATION

PTS Stamp and Coin Exhibitions 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.

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.

On 1 January 2022 the entire trade activities and undertakings of the Company was hived up to the parent company, The Philatelic Traders' Society Limited, the company has not traded since this date.

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.

Deferred tax

Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts owed to group undertakings

32,594

32,594

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

1

Ordinary Shares

£1

1

1

6.

RESERVES

Retained

earnings

£

At 1 January 2024

(32,595

)

Profit for the year

-

At 31 December 2024

(32,595

)

7.	RELATED PARTY DISCLOSURES

On 1 January 2022 the trade, assets and liabilities of PTS Stamp & Coin Exhibitions Limited , were transferred under a hive up agreement to The Philatelic Traders' Society Limited,.the parent company.

At 31 December 2024 the company owed £32,594 (2023 £32,594) to The Philatelic Traders' Society Limited.

8.	ULTIMATE CONTROLLING PARTY

The controlling party is The Philatelic Traders' Society Limited.

The Philatelic Traders' Society Limited is a company limited by guarantee.