REGISTERED NUMBER: SC774525 (Scotland)

Trading Cards Limited

Financial Statements For The Year Ended 31 July 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr R Bowlt

Ms R Oman

REGISTERED OFFICE:

27 Sandstone Drive

Elgin

Moray

IV30 6GW

REGISTERED NUMBER:

SC774525 (Scotland)

ACCOUNTANTS:

The Long Partnership

4 North Guildry Street

Elgin

Moray

IV30 1JR

BANKERS:

Monzo Bank Limited

Broadwalk House

5 Appold Street

London

EC2A 2AG

FIXED ASSETS

Tangible assets

4

3,836

2,189

CURRENT ASSETS

Stocks

12,500

12,500

Cash at bank and in hand

3,171

1,298

15,671

13,798

CREDITORS

Amounts falling due within one year

5

5,012

11,839

NET CURRENT ASSETS

10,659

1,959

TOTAL ASSETS LESS CURRENT LIABILITIES

14,495

4,148

PROVISIONS FOR LIABILITIES

6

729

416

NET ASSETS

13,766

3,732

CAPITAL AND RESERVES

Called up share capital

7

2

2

Retained earnings

8

13,764

3,730

SHAREHOLDERS' FUNDS

13,766

3,732

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

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

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 19 May 2026 and were signed on its behalf by:

Mr R Bowlt - Director

1.	STATUTORY INFORMATION

Trading Cards Limited is a private company, limited by shares , registered in Scotland. 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.

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.

Equipment

-

33% on cost and 25% on reducing balance

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.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Computer

Equipment

equipment

Totals

£

£

£

COST

At 1 August 2024

1,770

724

2,494

Additions

346

2,851

3,197

At 31 July 2025

2,116

3,575

5,691

DEPRECIATION

At 1 August 2024

73

232

305

Charge for year

482

1,068

1,550

At 31 July 2025

555

1,300

1,855

NET BOOK VALUE

At 31 July 2025

1,561

2,275

3,836

At 31 July 2024

1,697

492

2,189

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Taxation and social security

3,641

1,003

Other creditors

1,371

10,836

5,012

11,839

6.	PROVISIONS FOR LIABILITIES

31.7.25

31.7.24

£

£

Deferred tax

729

416

Deferred

tax

£

Balance at 1 August 2024

416

Provided during year

313

Balance at 31 July 2025

729

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.25

31.7.24

value:

£

£

2

Ordinary

1

2

2

8.

RESERVES

Retained

earnings

£

At 1 August 2024

3,730

Profit for the year

16,634

Dividends

(6,600

)

At 31 July 2025

13,764

9.	RELATED PARTY DISCLOSURES

During the year, total dividends of £6,600 (2024 - £2,000) were paid to the directors .

As at 1 August 2024 the company owed the director £9,036. During the period the company met expenses on behalf of the director totalling £8,981. As at 31 July 2025 the company owed the director £55. This loan is interest free and has no fixed repayment terms.