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REGISTERED NUMBER: 05469500 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

THE EYE GALLERIA LIMITED

THE EYE GALLERIA LIMITED (REGISTERED NUMBER: 05469500)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE EYE GALLERIA LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTOR: A Aggarwal





SECRETARY: Mrs B Aggarwal





REGISTERED OFFICE: 362 Richmond Road
Twickenham
Middlesex
TW1 2DX





REGISTERED NUMBER: 05469500 (England and Wales)





ACCOUNTANTS: Arithma Accountants Limited
8th Floor Becket House
36 Old Jewry
London
EC2R 8DD

THE EYE GALLERIA LIMITED (REGISTERED NUMBER: 05469500)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 313,326 318,156

CURRENT ASSETS
Stocks 23,855 23,455
Debtors 5 3,729 6,363
Cash at bank and in hand 120,901 113,040
148,485 142,858
CREDITORS
Amounts falling due within one year 6 48,850 64,121
NET CURRENT ASSETS 99,635 78,737
TOTAL ASSETS LESS CURRENT
LIABILITIES

412,961

396,893

CREDITORS
Amounts falling due after more than one
year

7

19,933

26,216
NET ASSETS 393,028 370,677

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 392,028 369,677
SHAREHOLDERS' FUNDS 393,028 370,677

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

THE EYE GALLERIA LIMITED (REGISTERED NUMBER: 05469500)

BALANCE SHEET - continued
30 JUNE 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 15 January 2025 and were signed by:





A Aggarwal - Director


THE EYE GALLERIA LIMITED (REGISTERED NUMBER: 05469500)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024


1. STATUTORY INFORMATION

The Eye Galleria 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 etc - 25% 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.

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.

THE EYE GALLERIA LIMITED (REGISTERED NUMBER: 05469500)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


2. ACCOUNTING POLICIES - continued

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.

GOVERNMENT GRANT
2023 2022
JRS grant £ £
- 193


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 July 2023 286,833 128,046 414,879
Additions - 4,000 4,000
At 30 June 2024 286,833 132,046 418,879
DEPRECIATION
At 1 July 2023 - 96,723 96,723
Charge for year - 8,830 8,830
At 30 June 2024 - 105,553 105,553
NET BOOK VALUE
At 30 June 2024 286,833 26,493 313,326
At 30 June 2023 286,833 31,323 318,156

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 99 34
Other debtors 3,630 6,329
3,729 6,363

THE EYE GALLERIA LIMITED (REGISTERED NUMBER: 05469500)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 18,468 17,381
Other creditors 30,382 46,740
48,850 64,121

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 19,933 26,216

8. RELATED PARTY DISCLOSURES

The director Mr A. Aggarwal was paid a dividend of £18,000 for the year ended 30 June 2024 (2023 £26,000).