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REGISTERED NUMBER: 07166999 (England and Wales)















SHORT SIGHTED LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023






SHORT SIGHTED LIMITED (REGISTERED NUMBER: 07166999)






CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SHORT SIGHTED LIMITED

COMPANY INFORMATION
For The Year Ended 31 March 2023







DIRECTORS: M S Perry
Ms P M Falvey





REGISTERED OFFICE: 104 Southover
London
N12 7HD





REGISTERED NUMBER: 07166999 (England and Wales)





ACCOUNTANTS: Eric R Jenkins FCA
Chartered Accountants
104 Southover
London
N12 7HD

SHORT SIGHTED LIMITED (REGISTERED NUMBER: 07166999)

BALANCE SHEET
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,587 2,299

CURRENT ASSETS
Debtors 5 1,200 3,700
Cash at bank 43,708 50,943
44,908 54,643
CREDITORS
Amounts falling due within one year 6 31,175 45,420
NET CURRENT ASSETS 13,733 9,223
TOTAL ASSETS LESS CURRENT
LIABILITIES

16,320

11,522

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 16,220 11,422
SHAREHOLDERS' FUNDS 16,320 11,522

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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 15 November 2023 and were signed on its behalf by:





M S Perry - Director


SHORT SIGHTED LIMITED (REGISTERED NUMBER: 07166999)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2023

1. STATUTORY INFORMATION

Short Sighted Limited is a private company, limited by shares , registered in England and Wales. 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.
Plant and machinery - 25% on reducing balance
Furniture and equipment - 25% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Furniture
Plant and and
machinery equipment Totals
£    £    £   
COST
At 1 April 2022 1,150 10,744 11,894
Additions - 961 961
At 31 March 2023 1,150 11,705 12,855
DEPRECIATION
At 1 April 2022 1,063 8,532 9,595
Charge for year 22 651 673
At 31 March 2023 1,085 9,183 10,268
NET BOOK VALUE
At 31 March 2023 65 2,522 2,587
At 31 March 2022 87 2,212 2,299

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 1,200 3,700

SHORT SIGHTED LIMITED (REGISTERED NUMBER: 07166999)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 March 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Taxation and social security 25,766 9,548
Other creditors 5,409 35,872
31,175 45,420

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 31.3.22
value: £    £   
1 Ordinary £1 100 100