Company registration number: 10313767
Annual report and unaudited financial statements
for the year ended 31 August 2025
for
Cards, Gifts And Stationery Limited
Pages for filing with the Registrar
Company registration number: 10313767
Cards, Gifts And Stationery Limited
Balance sheet
as at 31 August 2025
2025 2024
Note £ £ £ £
Fixed assets
Tangible assets 5 28,896 26,818
28,896 26,818
Current assets
Stocks 5,500 5,500
Cash at bank and in hand 149,481 311,932
154,981 317,432
Creditors: amounts falling due within one
year 		6 (31,241) (72,222)
Net current assets 123,740 245,210
Total assets less current liabilities 152,636 272,028
NET ASSETS 152,636 272,028
Capital and reserves
Profit and loss account 152,636 272,028
TOTAL EQUITY 152,636 272,028
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 August 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 10313767
Cards, Gifts And Stationery Limited
Balance sheet - continued
as at 31 August 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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 31 May 2026 and signed on its behalf by:
Mr C Greenhalgh, Director
31 May 2026
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Cards, Gifts And Stationery Limited
Notes to the financial statements
for the year ended 31 August 2025
1 Company information
Cards, Gifts And Stationery Limited is a private company registered in England and Wales. Its registered number is 10313767. The company is limited by shares. Its registered office is Burscough Bridge Post Office, 35 Liverpool Road North, Ormskirk, L40 0SA.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Goodwill -
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant and machinery - 15% reducing balance
Fixtures & fittings - 15% reducing balance
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Cards, Gifts And Stationery Limited
Notes to the financial statements - continued
for the year ended 31 August 2025
2 Accounting policies - continued
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 taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 8 (2024 - 10).
4 Intangible assets
Goodwill
£
Cost
At 1 September 2024 107,500
At 31 August 2025 107,500
Amortisation
At 1 September 2024 107,500
At 31 August 2025 107,500
Net book value
At 31 August 2025 -
At 31 August 2024 -
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Cards, Gifts And Stationery Limited
Notes to the financial statements - continued
for the year ended 31 August 2025
5 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 September 2024 69,001
Additions 7,177
At 31 August 2025 76,178
Depreciation
At 1 September 2024 42,183
Charge for year 5,099
At 31 August 2025 47,282
Net book value
At 31 August 2025 28,896
At 31 August 2024 26,818
6 Creditors: amounts falling due within one year
2025 2024
£ £
Bank loans and overdrafts 1,008 585
Amounts owed to directors 514 39,774
Taxation 22,697 25,693
VAT payable 3,973 4,128
Social security and other tax 3,049 2,042
31,241 72,222
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