2022-03-012023-02-282023-02-28false04379173VISIONCARE (SURREY) LIMITED2023-11-0847782iso4217:GBPxbrli:pure043791732022-03-01043791732023-02-28043791732022-03-012023-02-28043791732021-03-01043791732022-02-28043791732021-03-012022-02-2804379173bus:SmallEntities2022-03-012023-02-2804379173bus:AuditExempt-NoAccountantsReport2022-03-012023-02-2804379173bus:FullAccounts2022-03-012023-02-2804379173bus:PrivateLimitedCompanyLtd2022-03-012023-02-2804379173core:WithinOneYear2023-02-2804379173core:AfterOneYear2023-02-2804379173core:WithinOneYear2022-02-2804379173core:AfterOneYear2022-02-2804379173core:ShareCapital2023-02-2804379173core:SharePremium2023-02-2804379173core:RevaluationReserve2023-02-2804379173core:OtherReservesSubtotal2023-02-2804379173core:RetainedEarningsAccumulatedLosses2023-02-2804379173core:ShareCapital2022-02-2804379173core:SharePremium2022-02-2804379173core:RevaluationReserve2022-02-2804379173core:OtherReservesSubtotal2022-02-2804379173core:RetainedEarningsAccumulatedLosses2022-02-2804379173core:LandBuildings2023-02-2804379173core:PlantMachinery2023-02-2804379173core:Vehicles2023-02-2804379173core:FurnitureFittings2023-02-2804379173core:OfficeEquipment2023-02-2804379173core:NetGoodwill2023-02-2804379173core:IntangibleAssetsOtherThanGoodwill2023-02-2804379173core:ListedExchangeTraded2023-02-2804379173core:UnlistedNon-exchangeTraded2023-02-2804379173core:LandBuildings2022-02-2804379173core:PlantMachinery2022-02-2804379173core:Vehicles2022-02-2804379173core:FurnitureFittings2022-02-2804379173core:OfficeEquipment2022-02-2804379173core:NetGoodwill2022-02-2804379173core:IntangibleAssetsOtherThanGoodwill2022-02-2804379173core:ListedExchangeTraded2022-02-2804379173core:UnlistedNon-exchangeTraded2022-02-2804379173core:LandBuildings2022-03-012023-02-2804379173core:PlantMachinery2022-03-012023-02-2804379173core:Vehicles2022-03-012023-02-2804379173core:FurnitureFittings2022-03-012023-02-2804379173core:OfficeEquipment2022-03-012023-02-2804379173core:NetGoodwill2022-03-012023-02-2804379173core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2804379173core:ListedExchangeTraded2022-03-012023-02-2804379173core:UnlistedNon-exchangeTraded2022-03-012023-02-2804379173core:MoreThanFiveYears2022-03-012023-02-2804379173core:Non-currentFinancialInstruments2023-02-2804379173core:Non-currentFinancialInstruments2022-02-2804379173dpl:CostSales2022-03-012023-02-2804379173dpl:DistributionCosts2022-03-012023-02-2804379173core:LandBuildings2022-03-012023-02-2804379173core:PlantMachinery2022-03-012023-02-2804379173core:Vehicles2022-03-012023-02-2804379173core:FurnitureFittings2022-03-012023-02-2804379173core:OfficeEquipment2022-03-012023-02-2804379173dpl:AdministrativeExpenses2022-03-012023-02-2804379173core:NetGoodwill2022-03-012023-02-2804379173core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2804379173dpl:GroupUndertakings2022-03-012023-02-2804379173dpl:ParticipatingInterests2022-03-012023-02-2804379173dpl:GroupUndertakingscore:ListedExchangeTraded2022-03-012023-02-2804379173core:ListedExchangeTraded2022-03-012023-02-2804379173dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-03-012023-02-2804379173core:UnlistedNon-exchangeTraded2022-03-012023-02-2804379173dpl:CostSales2021-03-012022-02-2804379173dpl:DistributionCosts2021-03-012022-02-2804379173core:LandBuildings2021-03-012022-02-2804379173core:PlantMachinery2021-03-012022-02-2804379173core:Vehicles2021-03-012022-02-2804379173core:FurnitureFittings2021-03-012022-02-2804379173core:OfficeEquipment2021-03-012022-02-2804379173dpl:AdministrativeExpenses2021-03-012022-02-2804379173core:NetGoodwill2021-03-012022-02-2804379173core:IntangibleAssetsOtherThanGoodwill2021-03-012022-02-2804379173dpl:GroupUndertakings2021-03-012022-02-2804379173dpl:ParticipatingInterests2021-03-012022-02-2804379173dpl:GroupUndertakingscore:ListedExchangeTraded2021-03-012022-02-2804379173core:ListedExchangeTraded2021-03-012022-02-2804379173dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-03-012022-02-2804379173core:UnlistedNon-exchangeTraded2021-03-012022-02-2804379173core:NetGoodwill2023-02-2804379173core:IntangibleAssetsOtherThanGoodwill2023-02-2804379173core:LandBuildings2023-02-2804379173core:PlantMachinery2023-02-2804379173core:Vehicles2023-02-2804379173core:FurnitureFittings2023-02-2804379173core:OfficeEquipment2023-02-2804379173core:AfterOneYear2023-02-2804379173core:WithinOneYear2023-02-2804379173core:ListedExchangeTraded2023-02-2804379173core:UnlistedNon-exchangeTraded2023-02-2804379173core:ShareCapital2023-02-2804379173core:SharePremium2023-02-2804379173core:RevaluationReserve2023-02-2804379173core:OtherReservesSubtotal2023-02-2804379173core:RetainedEarningsAccumulatedLosses2023-02-2804379173core:NetGoodwill2022-02-2804379173core:IntangibleAssetsOtherThanGoodwill2022-02-2804379173core:LandBuildings2022-02-2804379173core:PlantMachinery2022-02-2804379173core:Vehicles2022-02-2804379173core:FurnitureFittings2022-02-2804379173core:OfficeEquipment2022-02-2804379173core:AfterOneYear2022-02-2804379173core:WithinOneYear2022-02-2804379173core:ListedExchangeTraded2022-02-2804379173core:UnlistedNon-exchangeTraded2022-02-2804379173core:ShareCapital2022-02-2804379173core:SharePremium2022-02-2804379173core:RevaluationReserve2022-02-2804379173core:OtherReservesSubtotal2022-02-2804379173core:RetainedEarningsAccumulatedLosses2022-02-2804379173core:NetGoodwill2021-03-0104379173core:IntangibleAssetsOtherThanGoodwill2021-03-0104379173core:LandBuildings2021-03-0104379173core:PlantMachinery2021-03-0104379173core:Vehicles2021-03-0104379173core:FurnitureFittings2021-03-0104379173core:OfficeEquipment2021-03-0104379173core:AfterOneYear2021-03-0104379173core:WithinOneYear2021-03-0104379173core:ListedExchangeTraded2021-03-0104379173core:UnlistedNon-exchangeTraded2021-03-0104379173core:ShareCapital2021-03-0104379173core:SharePremium2021-03-0104379173core:RevaluationReserve2021-03-0104379173core:OtherReservesSubtotal2021-03-0104379173core:RetainedEarningsAccumulatedLosses2021-03-0104379173core:AfterOneYear2022-03-012023-02-2804379173core:WithinOneYear2022-03-012023-02-2804379173core:Non-currentFinancialInstrumentscore:CostValuation2022-03-012023-02-2804379173core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-03-012023-02-2804379173core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-03-012023-02-2804379173core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-03-012023-02-2804379173core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-03-012023-02-2804379173core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-03-012023-02-2804379173core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-03-012023-02-2804379173core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-03-012023-02-2804379173core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-03-012023-02-2804379173core:Non-currentFinancialInstrumentscore:CostValuation2023-02-2804379173core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-02-2804379173core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-02-2804379173core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-02-2804379173core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-02-2804379173core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-02-2804379173core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-02-2804379173core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-02-2804379173core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-02-2804379173core:Non-currentFinancialInstrumentscore:CostValuation2022-02-2804379173core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-02-2804379173core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-02-2804379173core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-02-2804379173core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-02-2804379173core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-02-2804379173core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-02-2804379173core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-02-2804379173core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-02-2804379173bus:Director12022-03-012023-02-2804379173core:FurnitureFittingsToolsEquipment2022-02-2804379173core:FurnitureFittingsToolsEquipment2022-03-012023-02-2804379173core:FurnitureFittingsToolsEquipment2023-02-28

VISIONCARE (SURREY) LIMITED

Registered Number
04379173
(England and Wales)

Unaudited Financial Statements for the Year ended
28 February 2023

VISIONCARE (SURREY) LIMITED
Company Information
for the year from 1 March 2022 to 28 February 2023

Director

SONEJI, Dharmen

Registered Address

2nd Floor Grove House
55 Lowlands Road
Harrow
HA1 3AW

Registered Number

04379173 (England and Wales)
VISIONCARE (SURREY) LIMITED
Balance Sheet as at
28 February 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Intangible assets6-11,100
Tangible assets714,5237,589
14,52318,689
Current assets
Stocks924,00024,000
Debtors1010,36611,334
Current asset investments170,000-
Cash at bank and on hand443,488575,035
647,854610,369
Creditors amounts falling due within one year11(127,916)(93,854)
Net current assets (liabilities)519,938516,515
Total assets less current liabilities534,461535,204
Net assets534,461535,204
Capital and reserves
Called up share capital22
Profit and loss account534,459535,202
Shareholders' funds534,461535,204
The financial statements were approved and authorised for issue by the Director on 8 November 2023, and are signed on its behalf by:
SONEJI, Dharmen
Director
Registered Company No. 04379173
VISIONCARE (SURREY) LIMITED
Notes to the Financial Statements
for the year ended 28 February 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. 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.Basis of measurement used in financial statements
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).
4.Accounting policies
Turnover policy
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.
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:

Reducing balance (%)Straight line (years)
Land and buildings-10
Fixtures and fittings25-
Office Equipment25-
Intangible assets policy
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.
Stocks policy
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
Taxation policy
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax policy
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.
Investments policy
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
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 year31
6.Intangible assets

Goodwill

Total

££
Cost or valuation
At 01 March 22185,000185,000
At 28 February 23185,000185,000
Amortisation and impairment
At 01 March 22173,900173,900
Charge for year11,10011,100
At 28 February 23185,000185,000
Net book value
At 28 February 23--
At 28 February 2211,10011,100
7.Property, plant and equipment

Land & buildings

Fixtures & fittings

Office Equipment

Total

££££
Cost or valuation
At 01 March 2218,72673,01618,679110,421
Additions--8,8538,853
At 28 February 2318,72673,01627,532119,274
Depreciation and impairment
At 01 March 2215,93171,21215,689102,832
Charge for year3734511,0951,919
At 28 February 2316,30471,66316,784104,751
Net book value
At 28 February 232,4221,35310,74814,523
At 28 February 222,7951,8042,9907,589
8.Directors advances, credits and guarantees
At the year end, the amount due to Director Mr D Soneji was 2023 : £76,337 (2022: £.42,971)
9.Stocks

2023

2022

££
Other stocks24,00024,000
Total24,00024,000
10.Debtors

2023

2022

££
Other debtors4,8406,410
Prepayments and accrued income5,5264,924
Total10,36611,334
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
11.Creditors within one year

2023

2022

££
Trade creditors / trade payables11,16011,724
Taxation and social security22,54229,980
Other creditors94,21452,150
Total127,91693,854
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.