Company registration number SC376510 (Scotland)
D.C. Thomson Consumer Products Limited
unaudited financial statements
for the year ended 31 March 2025
Pages for filing with registrar
D.C. Thomson Consumer Products Limited
Contents
Page
Balance sheet
1
Notes to the financial statements
2 - 5
D.C. Thomson Consumer Products Limited
Balance sheet
as at 31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Investments
3
3
3
Current assets
Debtors
5
254,562
254,561
Net current assets
254,562
254,561
Net assets
254,565
254,564
Capital and reserves
Called up share capital
6
13,970,868
13,970,868
Profit and loss reserves
7
(13,716,303)
(13,716,304)
Total equity
254,565
254,564

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 20 October 2025 and are signed on its behalf by:
RP Daly
Director
Company registration number SC376510 (Scotland)
D.C. Thomson Consumer Products Limited
Notes to the financial statements
for the year ended 31 March 2025
- 2 -
1
Accounting policies
Company information

D.C. Thomson Consumer Products Limited is a private company limited by shares incorporated in Scotland. The registered office is The Courier Buildings, 2 Albert Square, Dundee, Tayside, DD1 9QJ.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies' regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

On the basis that the consolidated financial statements of the parent provide disclosures which are equivalent to FRS 102, the financial statements of D.C. Thomson Consumer Products Limited have adopted the following disclosure exemptions:

- the requirement to present a statement of cash flows and related notes: and

- related party transaction disclosures for transactions entered into between one or two members of the group on the basis that all parties are wholly owned within the group.

The company has taken advantage of the exemption under section 400 of the Companies Act 2006 not to prepare consolidated financial statement s. The financial statements present information about the company as an individual entity and not about its group.

D.C. Thomson Consumer Products Limited is a wholly owned subsidiary of D.C. Thomson & Company Limited and the results of D.C. Thomson Consumer Products Limited are included in the consolidated financial statements of D.C. Thomson & Company Limited.

1.2
Going concern

The financial statements have been prepared on the going concern basis which assumes that the company will continue in operational existence for the foreseeable future. The directors have considered the financial position of the company, including the impact of rising input costs and support available from its parent company D.C. Thomson & Company Limited, and believe the going concern basis to be appropriate.true

1.3
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

D.C. Thomson Consumer Products Limited
Notes to the financial statements (continued)
for the year ended 31 March 2025
1
Accounting policies (continued)
- 3 -

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

1.4
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.5
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

D.C. Thomson Consumer Products Limited
Notes to the financial statements (continued)
for the year ended 31 March 2025
- 4 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
0
0
3
Fixed asset investments
2025
2024
£
£
Shares in group undertakings and participating interests
3
3

Investments in subsidiary undertakings are held at cost less impairments in accordance with FRS 102.

4
Subsidiaries

These financial statements are separate company financial statements for D.C. Thomson Consumer Products Limited.

Details of the company's subsidiaries at 31 March 2025 are as follows:

Class of
Name of undertaking
Country of incorporation
Nature of business
shareholding
% Held
D.C. Thomson Developments Limited
UK
Holding company
Ordinary
100.00
Parragon Publishing Limited
UK
Holding company
Ordinary
100.00
Peter Haddock Limited
UK
Dormant
Ordinary
100.00
D.C. Thomson Consumer Products (HK)
HK
Dormant
Ordinary
100.00
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
254,462
254,461
Other debtors
100
100
254,562
254,561
D.C. Thomson Consumer Products Limited
Notes to the financial statements (continued)
for the year ended 31 March 2025
- 5 -
6
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
13,970,768
13,970,768
13,970,768
13,970,768
E Ordinary shares of 1p each
10,000
10,000
100
100
13,980,768
13,980,768
13,970,868
13,970,868

Ordinary shares

Each ordinary shares carries one vote and is entitled to participate pari passu with other ordinary shares (excluding E ordinary shares) in any dividend or capital distribution. On liquidation, surplus assets are to be distributed among the ordinary shares and E ordinary shares in the ratio 75:25 until the E shares have received their E share value. The ordinary shares are not redeemable at the option of the company or the holder.

E ordinary shares

E ordinary shares carry no right to vote (except on changes to class rights) or to participate in dividends. On liquidation, surplus assets are to be distributed among the ordinary shares and E ordinary shares in the ratio of 75:25 until the E ordinary shares have received their E share value (being a value determined by a formula based on the amount by which the surplus assets exceed a hurdle amount). E ordinary shares are not redeemable at the option of the company or the holder.

7
Profit and loss reserves

Profit and loss reserves include all current and prior period retained profits and losses.

8
Parent company

The company is a wholly owned subsidiary of Meadowside Leasing Limited, a company incorporated in Great Britain and registered in Scotland.

The ultimate parent company is D.C. Thomson & Company Limited, a company incorporated in Great Britain and registered in Scotland.

There is no individual controlling party of D.C. Thomson & Company Limited.

2025-03-31 2024-04-01 false false false 20 October 2025 CCH Software CCH Accounts Production 2025.200 No description of principal activity CHW Thomson DHE Thomson RP Daly S Evans SC376510 2024-04-01 2025-03-31 SC376510 2025-03-31 SC376510 2024-03-31 SC376510 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 SC376510 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 SC376510 core:ShareCapital 2025-03-31 SC376510 core:ShareCapital 2024-03-31 SC376510 core:RetainedEarningsAccumulatedLosses 2025-03-31 SC376510 core:RetainedEarningsAccumulatedLosses 2024-03-31 SC376510 core:ShareCapitalOrdinaryShareClass2 2025-03-31 SC376510 core:ShareCapitalOrdinaryShareClass2 2024-03-31 SC376510 core:ShareCapitalOrdinaryShareClass3 2025-03-31 SC376510 core:ShareCapitalOrdinaryShareClass3 2024-03-31 SC376510 core:ShareCapitalOrdinaryShares 2025-03-31 SC376510 core:ShareCapitalOrdinaryShares 2024-03-31 SC376510 bus:Director3 2024-04-01 2025-03-31 SC376510 2023-04-01 2024-03-31 SC376510 core:Subsidiary1 2024-04-01 2025-03-31 SC376510 core:Subsidiary2 2024-04-01 2025-03-31 SC376510 core:Subsidiary3 2024-04-01 2025-03-31 SC376510 core:Subsidiary4 2024-04-01 2025-03-31 SC376510 core:Subsidiary1 1 2024-04-01 2025-03-31 SC376510 core:Subsidiary2 2 2024-04-01 2025-03-31 SC376510 core:Subsidiary3 3 2024-04-01 2025-03-31 SC376510 core:Subsidiary4 4 2024-04-01 2025-03-31 SC376510 core:CurrentFinancialInstruments 2024-03-31 SC376510 core:WithinOneYear 2025-03-31 SC376510 core:WithinOneYear 2024-03-31 SC376510 bus:OrdinaryShareClass2 2024-04-01 2025-03-31 SC376510 bus:OrdinaryShareClass3 2024-04-01 2025-03-31 SC376510 bus:OrdinaryShareClass2 2025-03-31 SC376510 bus:OrdinaryShareClass2 2024-03-31 SC376510 bus:OrdinaryShareClass3 2025-03-31 SC376510 bus:OrdinaryShareClass3 2024-03-31 SC376510 bus:AllOrdinaryShares 2025-03-31 SC376510 bus:AllOrdinaryShares 2024-03-31 SC376510 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 SC376510 bus:FRS102 2024-04-01 2025-03-31 SC376510 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 SC376510 bus:Director1 2024-04-01 2025-03-31 SC376510 bus:Director2 2024-04-01 2025-03-31 SC376510 bus:CompanySecretary1 2024-04-01 2025-03-31 SC376510 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 SC376510 bus:FullAccounts 2024-04-01 2025-03-31 xbrli:pure xbrli:shares iso4217:GBP