2022-04-012023-03-312023-03-31falseSC607702IRIS BLUE OPTICAL 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IRIS BLUE OPTICAL LTD

Registered Number
SC607702
(Scotland)

Unaudited Financial Statements for the Year ended
31 March 2023

IRIS BLUE OPTICAL LTD
Company Information
for the year from 1 April 2022 to 31 March 2023

Directors

CAMPBELL, Morven Helen Leslie
FAWBERT, Evelyn Rosemary
LE PREVOST, Michelle Suzanne

Registered Address

C/O Lindsays
100 Queen Street
Glasgow
G1 3DN

Registered Number

SC607702 (Scotland)
IRIS BLUE OPTICAL LTD
Balance Sheet as at
31 March 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets69,70310,078
9,70310,078
Current assets
Debtors84,32449,414
Cash at bank and on hand51,96833,133
136,29282,547
Creditors amounts falling due within one year(147,759)(109,042)
Net current assets (liabilities)(11,467)(26,495)
Total assets less current liabilities(1,764)(16,417)
Net assets(1,764)(16,417)
Capital and reserves
Called up share capital150150
Profit and loss account(1,914)(16,567)
Shareholders' funds(1,764)(16,417)
The financial statements were approved and authorised for issue by the Board of Directors on 4 July 2023, and are signed on its behalf by:
CAMPBELL, Morven Helen Leslie
Director
FAWBERT, Evelyn Rosemary
Director
LE PREVOST, Michelle Suzanne
Director

Registered Company No. SC607702
IRIS BLUE OPTICAL LTD
Notes to the Financial Statements
for the year ended 31 March 2023

1.Statutory information
The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Principal activities
The company's principal activity is Retail sale by opticians.
4.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Plant and machinery20
Office Equipment20
Revenue recognition policy
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.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
5.Employee information

20232022
Average number of employees during the year22
6.Property, plant and equipment

Total

£
Cost or valuation
At 01 April 2222,484
At 31 March 2322,484
Depreciation and impairment
At 01 April 2212,407
Charge for year374
At 31 March 2312,781
Net book value
At 31 March 239,703
At 31 March 2210,078