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REGISTERED NUMBER: 08313826 (England and Wales)












Financial Statements

for the Year Ended 29 November 2023

for

The Eye Centre (Heywood) Ltd

The Eye Centre (Heywood) Ltd (Registered number: 08313826)






Contents of the Financial Statements
for the Year Ended 29 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


The Eye Centre (Heywood) Ltd

Company Information
for the Year Ended 29 November 2023







DIRECTORS: M R Chowdhury
Y Chowdhury





REGISTERED OFFICE: 58 Market Street
Heywood
Lancashire
OL10 4LY





REGISTERED NUMBER: 08313826 (England and Wales)





ACCOUNTANTS: Archwood Accountants
Archwood House
46-48 Long Street
Middleton
Manchester
M24 6UQ

The Eye Centre (Heywood) Ltd (Registered number: 08313826)

Balance Sheet
29 November 2023

29.11.23 29.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,984 1,441

CURRENT ASSETS
Stocks 9,117 700
Debtors 5 - 909
Cash at bank 39,009 7,861
48,126 9,470
CREDITORS
Amounts falling due within one year 6 23,559 8,387
NET CURRENT ASSETS 24,567 1,083
TOTAL ASSETS LESS CURRENT
LIABILITIES

31,551

2,524

PROVISIONS FOR LIABILITIES 1,634 128
NET ASSETS 29,917 2,396

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 29,817 2,296
29,917 2,396

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 November 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 Eye Centre (Heywood) Ltd (Registered number: 08313826)

Balance Sheet - continued
29 November 2023


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 4 April 2024 and were signed on its behalf by:





Y Chowdhury - Director


The Eye Centre (Heywood) Ltd (Registered number: 08313826)

Notes to the Financial Statements
for the Year Ended 29 November 2023

1. STATUTORY INFORMATION

The Eye Centre (Heywood) Ltd 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
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 3 ) .

The Eye Centre (Heywood) Ltd (Registered number: 08313826)

Notes to the Financial Statements - continued
for the Year Ended 29 November 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 30 November 2022 9,955 11,500 - 21,455
Additions 7,298 128 498 7,924
At 29 November 2023 17,253 11,628 498 29,379
DEPRECIATION
At 30 November 2022 9,394 10,620 - 20,014
Charge for year 1,965 252 164 2,381
At 29 November 2023 11,359 10,872 164 22,395
NET BOOK VALUE
At 29 November 2023 5,894 756 334 6,984
At 29 November 2022 561 880 - 1,441

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.11.23 29.11.22
£    £   
Other debtors - 284
Prepayments - 625
- 909

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.11.23 29.11.22
£    £   
Net wages 4,456 -
Trade creditors - 3,927
Tax 14,199 2,044
Social security and other taxes 369 -
Pension creditor 108 -
VAT 3,099 1,265
Other creditors - 1
Directors' current accounts 328 -
Accrued expenses 1,000 1,150
23,559 8,387