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REGISTERED NUMBER: 09292613 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

Eyeproperty Solutions Limited

Eyeproperty Solutions Limited (Registered number: 09292613)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Eyeproperty Solutions Limited

Company Information
for the Year Ended 30 November 2023







DIRECTOR: Mr R Langton





REGISTERED OFFICE: The Homestead
36 Sitwell Street
Spondon
Derbyshire
DE21 7FE





REGISTERED NUMBER: 09292613 (England and Wales)





ACCOUNTANTS: Underwood Green
Pinnacle House
1 Pinnacle Way
Derby
Derbyshire
DE24 8ZS

Eyeproperty Solutions Limited (Registered number: 09292613)

Balance Sheet
30 November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,862 4,738

CURRENT ASSETS
Stocks 5 395,396 414,905
Debtors 6 511,988 414,255
Cash at bank 33 1,402
907,417 830,562
CREDITORS
Amounts falling due within one year 7 905,382 835,446
NET CURRENT ASSETS/(LIABILITIES) 2,035 (4,884 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,897

(146

)

CREDITORS
Amounts falling due after more than one
year

8

45,230

46,309
NET LIABILITIES (39,333 ) (46,455 )

CAPITAL AND RESERVES
Called up share capital 9 400 400
Retained earnings (39,733 ) (46,855 )
SHAREHOLDERS' FUNDS (39,333 ) (46,455 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Eyeproperty Solutions Limited (Registered number: 09292613)

Balance Sheet - continued
30 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 August 2024 and were signed by:





Mr R Langton - Director


Eyeproperty Solutions Limited (Registered number: 09292613)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Eyeproperty Solutions 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 - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 1 (2022 - 1 ) .

Eyeproperty Solutions Limited (Registered number: 09292613)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 December 2022
and 30 November 2023 7,351 126 1,060 8,537
DEPRECIATION
At 1 December 2022 3,128 78 593 3,799
Charge for year 634 8 234 876
At 30 November 2023 3,762 86 827 4,675
NET BOOK VALUE
At 30 November 2023 3,589 40 233 3,862
At 30 November 2022 4,223 48 467 4,738

5. STOCKS
2023 2022
£    £   
Work-in-progress 395,396 414,905

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 509,724 409,026
VAT 2,212 5,229
Prepayments and accrued income 52 -
511,988 414,255

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 77 2,144
Social security and other taxes 6,555 14,839
Other creditors 499,652 399,451
Directors' current accounts 398,128 418,062
Accruals and deferred income 970 950
905,382 835,446

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 45,230 46,309

Eyeproperty Solutions Limited (Registered number: 09292613)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
400 Ordinary 1 400 400

10. RELATED PARTY DISCLOSURES

The balance outstanding on interest free loans provided from companies of which Mr R Langton is also a director amounted to £498,610 (2022 £399,162).

The balance outstanding on interest free loans provided to companies of which Mr R Langton is also a director amounted to £509,724 (2022: £409,026).

11. GOING CONCERN

The financial statements have been prepared on a going concern basis. It is the intention of the director to continue to support the company for the foreseeable future.