05484228falsethat of opticians2023-09-012024-08-31http://www.companieshouse.gov.uk/2023-08-31http://www.companieshouse.gov.uk/cd:CompanySecretary12023-09-012024-08-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-08-31http://www.companieshouse.gov.uk/cd:Director12023-09-012024-08-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-08-31http://www.companieshouse.gov.uk/cd:Director22023-09-012024-08-31http://www.companieshouse.gov.uk/cd:Director32023-09-012024-08-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-09-012024-08-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-09-012024-08-31http://www.companieshouse.gov.uk/pt:NetGoodwill2024-08-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-09-012024-08-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-08-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-08-31http://www.companieshouse.gov.uk/2023-09-012024-08-31http://www.companieshouse.gov.uk/2023-08-31http://www.companieshouse.gov.uk/cd:FRS1022023-09-012024-08-31http://www.companieshouse.gov.uk/2024-08-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-09-012024-08-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-09-012024-08-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 05484228

PUNCH OPTICIANS LIMITED

ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2024

Prepared By:
D A Roberts Accountancy Services Limited
Chartered Accountants
41 Newbury Drive
Daventry
Northants
NN11 0WQ

PUNCH OPTICIANS LIMITED

ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2024
DIRECTORS
Mr G Johnstone
Mr N W Stanley
Miss L Jones
SECRETARY
N W Stanley
REGISTERED OFFICE
41 Newbury Drive
Daventry
Northants
NN11 0WQ
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 05484228
ACCOUNTANTS
D A Roberts Accountancy Services Limited
Chartered Accountants
41 Newbury Drive
Daventry
Northants
NN11 0WQ

PUNCH OPTICIANS LIMITED

ACCOUNTS
FOR THEYEARENDED31 AUGUST 2024
CONTENTS
Page
Directors' Report-
Strategic Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts5
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

PUNCH OPTICIANS LIMITED

BALANCE SHEET AT 31 August 2024
20242023
Notes££
FIXED ASSETS
Tangible assets311,64413,059
CURRENT ASSETS
Stock50,26440,042
Debtors567,73821,751
Cash at bank and in hand99,027209,677
217,029271,470
CREDITORS: Amounts falling due within one year694,210187,366
NET CURRENT ASSETS122,81984,104
TOTAL ASSETS LESS CURRENT LIABILITIES134,46397,163
PROVISIONS FOR LIABILITIES AND CHARGES847350
NET ASSETS134,41696,813
CAPITAL AND RESERVES
Called up share capital922
Profit and loss account134,41496,811
SHAREHOLDERS' FUNDS134,41696,813

PUNCH OPTICIANS LIMITED

BALANCE SHEET AT 31 August 2024
For the year ending 31 August 2024 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 10 November 2024 and signed on their behalf by
.............................
Mr G Johnstone
Director
.............................
Mr N W Stanley
Director

PUNCH OPTICIANS LIMITED

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 20%
Fixtures and Fittingsreducing balance 15%
1c. Stocks
Stocks are valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks.
1d. Pension Costs
The company contributes to the personal pension schemes of company officers. Contributions are charged to the profit and loss account in the period to which they relate.
2. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
At 1 September 2023500,000500,000
At 31 August 2024500,000500,000
Depreciation
At 1 September 2023500,000500,000
At 31 August 2024500,000500,000
Net Book Amounts
At 31 August 2024--

PUNCH OPTICIANS LIMITED

3. TANGIBLE FIXED ASSETS
Long LeaseholdPlant andFixtures and
PropertiesMachineryFittingsTotal
££££
Cost
At 1 September 202315836,3948,55745,109
Additions-1,411-1,411
At 31 August 202415837,8058,55746,520
Depreciation
At 1 September 202315824,6807,21232,050
For the year-2,6242022,826
At 31 August 202415827,3047,41434,876
Net Book Amounts
At 31 August 2024-10,5011,14311,644
At 31 August 2023-11,7141,34513,059
4. STOCK 20242023
££
Stock comprises:
Stock50,26440,042
50,26440,042
5. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors7,6115,125
VAT-2,787
Other debtors10,2238,421
Prepayments6,7085,418
Directors' current account43,196-
67,73821,751

PUNCH OPTICIANS LIMITED

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax18,19466,715
VAT386-
PAYE control8,5926,837
Pension Control88
Directors' current account-29,385
Trade creditors65,08778,508
Accruals1,9435,913
94,210187,366
7. EMPLOYEES
20242023
No.No.
Average number of employees1619
8. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation47350
47350
9. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
2000 Ordinary shares of £0.001 each22
22