If the character typically carries certain components, those components can be listed under Standard Equipment. As long as the magic does not require preparation time and the character already has the necessary components, it can be listed as a normal ability.
If the magic requires time to prepare, it should still be listed under Preparation, even when the necessary components are part of the character’s Standard Equipment.
If the character is shown having to retrieve, mine, or otherwise obtain the components, those components should not be listed under Standard Equipment, but rather Optional Equipment. However, the magic may still be listed under Preparation.
Characters may be given preparation time in versus threads, but the amount of time should be clearly specified. It should be equivalent to the amount of time the character needed in their own universe to obtain the necessary components and prepare the specific magic being used.