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Company Registration No. 11512891 (England and Wales)
Hassan-Hicks Opticians LTD Unaudited accounts for the year ended 30 November 2023
Hassan-Hicks Opticians LTD Unaudited accounts Contents
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Hassan-Hicks Opticians LTD Company Information for the year ended 30 November 2023
Directors
Turgay Hassan-Hicks Anne Hassan-Hicks Lora Hassan-Green
Company Number
11512891 (England and Wales)
Registered Office
Hassan-Hicks 18 St. Thomas Street Lymington Hampshire SO41 9NB England
Accountants
Hannah L Oatley Crofton 64 The Avenue Totland Bay Isle Of Wight PO39 0DN
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Hassan-Hicks Opticians LTD Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
202,335 
242,802 
Tangible assets
14,713 
18,417 
217,048 
261,219 
Current assets
Inventories
33,201 
25,200 
Debtors
11,313 
4,596 
Cash at bank and in hand
207,579 
87,116 
252,093 
116,912 
Creditors: amounts falling due within one year
(418,203)
(330,017)
Net current liabilities
(166,110)
(213,105)
Total assets less current liabilities
50,938 
48,114 
Creditors: amounts falling due after more than one year
(15,000)
(25,000)
Net assets
35,938 
23,114 
Capital and reserves
Called up share capital
60 
60 
Profit and loss account
35,878 
23,054 
Shareholders' funds
35,938 
23,114 
For the year ending 30 November 2023 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 July 2024 and were signed on its behalf by
Turgay Hassan-Hicks Director Company Registration No. 11512891
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Hassan-Hicks Opticians LTD Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
Hassan-Hicks Opticians LTD is a private company, limited by shares, registered in England and Wales, registration number 11512891. The registered office is Hassan-Hicks, 18 St. Thomas Street, Lymington, Hampshire, SO41 9NB, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on Reducing Balance
Computer equipment
33% on Straight Line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation at 10% straight Line
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 December 2022
404,670 
At 30 November 2023
404,670 
Amortisation
At 1 December 2022
161,868 
Charge for the year
40,467 
At 30 November 2023
202,335 
Net book value
At 30 November 2023
202,335 
At 30 November 2022
242,802 
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Hassan-Hicks Opticians LTD Notes to the Accounts for the year ended 30 November 2023
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 December 2022
34,509 
2,250 
9,110 
45,869 
Additions
980 
- 
1,927 
2,907 
At 30 November 2023
35,489 
2,250 
11,037 
48,776 
Depreciation
At 1 December 2022
18,368 
1,538 
7,546 
27,452 
Charge for the year
4,279 
178 
2,154 
6,611 
At 30 November 2023
22,647 
1,716 
9,700 
34,063 
Net book value
At 30 November 2023
12,842 
534 
1,337 
14,713 
At 30 November 2022
16,141 
712 
1,564 
18,417 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
9,040 
3,420 
Accrued income and prepayments
1,170 
1,100 
Other debtors
1,103 
76 
11,313 
4,596 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
10,000 
10,000 
Trade creditors
43,448 
21,289 
Taxes and social security
47,144 
29,013 
Other creditors
6,430 
4,433 
Loans from directors
310,992 
265,145 
Accruals
189 
137 
418,203 
330,017 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
15,000 
25,000 
9
Average number of employees
During the year the average number of employees was 8 (2022: 8).
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