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REGISTERED NUMBER: 12486230 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

TH Optometry Ltd

TH Optometry Ltd (Registered number: 12486230)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TH Optometry Ltd

Company Information
for the Year Ended 29 February 2024







DIRECTOR: Mr T J Hayward





REGISTERED OFFICE: 27 High Street
Ledbury
HR8 1DS





REGISTERED NUMBER: 12486230 (England and Wales)





ACCOUNTANTS: Francis & Co
Second Floor
123 Promenade
Cheltenham
Gloucestershire
GL50 1NW

TH Optometry Ltd (Registered number: 12486230)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 18,000 19,000
Tangible assets 5 72,047 78,049
90,047 97,049

CURRENT ASSETS
Stocks 34,951 53,791
Debtors 6 2,039 1,217
Cash at bank 7,856 7,423
44,846 62,431
CREDITORS
Amounts falling due within one year 7 68,108 139,097
NET CURRENT LIABILITIES (23,262 ) (76,666 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

66,785

20,383

CREDITORS
Amounts falling due after more than one year 8 38,509 -
NET ASSETS 28,276 20,383

CAPITAL AND RESERVES
Called up share capital 100 1
Retained earnings 28,176 20,382
28,276 20,383

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 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.

TH Optometry Ltd (Registered number: 12486230)

Balance Sheet - continued
29 February 2024


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 director and authorised for issue on 13 August 2024 and were signed by:





Mr T J Hayward - Director


TH Optometry Ltd (Registered number: 12486230)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

TH Optometry 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 4 ) .

TH Optometry Ltd (Registered number: 12486230)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 March 2023
and 29 February 2024 20,000
AMORTISATION
At 1 March 2023 1,000
Charge for year 1,000
At 29 February 2024 2,000
NET BOOK VALUE
At 29 February 2024 18,000
At 28 February 2023 19,000

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023
and 29 February 2024 84,433
DEPRECIATION
At 1 March 2023 6,384
Charge for year 6,002
At 29 February 2024 12,386
NET BOOK VALUE
At 29 February 2024 72,047
At 28 February 2023 78,049

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Other debtors 2,039 1,217

TH Optometry Ltd (Registered number: 12486230)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Hire purchase contracts 11,011 59,451
Taxation and social security 13,437 1,808
Other creditors 43,660 77,838
68,108 139,097

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
29.2.24 28.2.23
£    £   
Hire purchase contracts 38,509 -