The Card Vault LTD - Filleted accounts

Registered number

13125575

The Card Vault LTD

Filleted Accounts

31 January 2026

The Card Vault LTD
Registered number:		13125575
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Intangible assets	3		486			-
Tangible assets	4		12,980			3,970
			13,466			3,970

Current assets
Stocks		328,820			100,180
Debtors	5	1,749			19,674
Cash at bank and in hand		166,019			142,980
		496,588			262,834

Creditors: amounts falling due within one year	6	(169,658)			(197,303)

Net current assets			326,930			65,531

Net assets			340,396			69,501

Capital and reserves
Called up share capital			1			1
Profit and loss account			340,395			69,500

Shareholder's funds			340,396			69,501

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
There is an interest free loan owed to the company from its director to the value of £1,749 as at 31 January 2026.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Joseph Cray
Director
Approved by the board on 30 October 2026

The Card Vault LTD
Notes to the Accounts
for the year ended 31 January 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	20% reducing balance
	Shop fit out	20% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			5		5


3	Intangible fixed assets					£


	Cost
	Additions					540
	At 31 January 2026					540

	Amortisation
	Provided during the year					54
	At 31 January 2026					54

	Net book value
	At 31 January 2026					486

	The intangible asset is being written off in equal annual instalments over its estimated economic life of 10 years.


4	Tangible fixed assets
		Shop fit out		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 February 2025	-		6,499		6,499
	Additions	9,535		2,720		12,255
	At 31 January 2026	9,535		9,219		18,754

	Depreciation
	At 1 February 2025	-		2,529		2,529
	Charge for the year	1,907		1,338		3,245
	At 31 January 2026	1,907		3,867		5,774

	Net book value
	At 31 January 2026	7,628		5,352		12,980
	At 31 January 2025	-		3,970		3,970


5	Debtors			2026		2025
£					£

	Other debtors			1,749		19,674


6	Creditors: amounts falling due within one year			2026		2025
£					£

	Bank loans and overdrafts			21,183		175,906
	Taxation and social security costs			140,559		15,197
	Other creditors			7,916		6,200
				169,658		197,303


7	Controlling party

	The controlling pary is director Mr Joseph James Cray owns 100% of the shares in the company.


8	Other information

	The Card Vault LTD is a private company limited by shares and incorporated in England. Its registered office is:
	Pandle House
	70 Grange Road East
	Wirral
	England
	CH41 5FE