TULSE HILL EYE WEAR LIMITED

Company Registration Number:
07728218 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2023

Period of accounts

Start date: 01 September 2022

End date: 31 August 2023

TULSE HILL EYE WEAR LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

TULSE HILL EYE WEAR LIMITED

Company Information

for the Period Ended 31 August 2023




Director: Lelia Ihuoma Echema
Camillus Elie
Registered office: 200
Norwood Road
London
SE27 9AU
Company Registration Number: 07728218 (England and Wales)

TULSE HILL EYE WEAR LIMITED

Directors' Report Period Ended 31 August 2023

The directors present their report with the financial statements of the company for the period ended 31 August 2023

Directors

The directors shown below have held office during the whole of the period from 01 September 2022 to 31 August 2023
Lelia Ihuoma Echema
Camillus Elie

This report was approved by the board of directors on 8 February 2024
And Signed On Behalf Of The Board By:

Name: Lelia Ihuoma Echema
Status: Director

Name: Camillus Elie
Status: Director

TULSE HILL EYE WEAR LIMITED

Profit and Loss Account

for the Period Ended 31 August 2023


Notes

2023
£

2022
£
Turnover 19,215 15,811
Cost of sales ( 7,569 ) ( 5,604 )
Gross Profit or (Loss) 11,646 10,207
Administrative Expenses ( 8,026 ) ( 7,610 )
Operating Profit or (Loss) 3,620 2,597
Interest Payable and Similar Charges ( 163 ) -
Profit or (Loss) Before Tax 3,457 2,597
Profit or (Loss) for Period 3,457 2,597

The notes form part of these financial statements

TULSE HILL EYE WEAR LIMITED

Balance sheet

As at 31 August 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 6,205 6,532
Total fixed assets: 6,205 6,532
Current assets
Stocks: 9,970 8,645
Cash at bank and in hand: 1,029 1,521
Total current assets: 10,999 10,166
Creditors: amounts falling due within one year: 5 ( 37,302 ) ( 40,253 )
Net current assets (liabilities): ( 26,303 ) ( 30,087 )
Total assets less current liabilities: ( 20,098 ) ( 23,555 )
Total net assets (liabilities): ( 20,098 ) ( 23,555 )

The notes form part of these financial statements

TULSE HILL EYE WEAR LIMITED

Balance sheet continued

As at 31 August 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: ( 20,198 ) ( 23,655 )
Shareholders funds: ( 20,098 ) ( 23,555 )

For the year ending 31 August 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 8 February 2024
And Signed On Behalf Of The Board By:

Name: Lelia Ihuoma Echema
Status: Director

Name: Camillus Elie
Status: Director

The notes form part of these financial statements

TULSE HILL EYE WEAR LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

TULSE HILL EYE WEAR LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 1

TULSE HILL EYE WEAR LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 3. Off balance sheet disclosure

    No

TULSE HILL EYE WEAR LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

4. Tangible assets

Fixtures & fittings Total
Cost £ £
At 01 September 2022 63,320 63,320
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 August 2023 63,320 63,320
Depreciation
At 01 September 2022 56,788 56,788
Charge for year 327 327
On disposals - -
Other adjustments - -
At 31 August 2023 57,115 57,115
Net book value
At 31 August 2023 6,205 6,205
At 31 August 2022 6,532 6,532

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fittings fixtures and equipment - 5% reducing balance.

TULSE HILL EYE WEAR LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

5.Creditors: amounts falling due within one year note


2023
£

2022
£
Bank loans and overdrafts 13,896 14,947
Taxation and social security 1,235 1,235
Other creditors 22,171 24,071
Total 37,302 40,253