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REGISTERED NUMBER: 11372866 (England and Wales)















Financial Statements for the Year Ended 31 May 2024

for

EYE COMMERCIALS GROUP LIMITED

EYE COMMERCIALS GROUP LIMITED (REGISTERED NUMBER: 11372866)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


EYE COMMERCIALS GROUP LIMITED

Company Information
for the Year Ended 31 May 2024







DIRECTOR: J A Cross





REGISTERED OFFICE: Hanbury Grange
Wood Lane
Hanbury
Burton on Trent
Staffordshire
DE13 8TG





REGISTERED NUMBER: 11372866 (England and Wales)





ACCOUNTANTS: Ian Lane Accountancy Services
Chartered Certified Accountants
32 Chestnut Avenue
Mickleover
Derby
DE3 9FT

EYE COMMERCIALS GROUP LIMITED (REGISTERED NUMBER: 11372866)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 159,615 -

CURRENT ASSETS
Debtors 5 235,676 116,910
Cash at bank 106,890 -
342,566 116,910
CREDITORS
Amounts falling due within one year 6 267,622 46,473
NET CURRENT ASSETS 74,944 70,437
TOTAL ASSETS LESS CURRENT
LIABILITIES

234,559

70,437

PROVISIONS FOR LIABILITIES 7 30,327 -
NET ASSETS 204,232 70,437

CAPITAL AND RESERVES
Called up share capital 2,000 1,000
Retained earnings 202,232 69,437
204,232 70,437

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 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 25 February 2025 and were signed by:



J A Cross - Director


EYE COMMERCIALS GROUP LIMITED (REGISTERED NUMBER: 11372866)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Eye Commercials Group 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - NIL ) .

EYE COMMERCIALS GROUP LIMITED (REGISTERED NUMBER: 11372866)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
Additions 168,638 1,915 170,553
At 31 May 2024 168,638 1,915 170,553
DEPRECIATION
Charge for year 10,540 398 10,938
At 31 May 2024 10,540 398 10,938
NET BOOK VALUE
At 31 May 2024 158,098 1,517 159,615

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 46,272 33,150
Other debtors 189,404 83,760
235,676 116,910

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade creditors 249,040 15,750
Taxation and social security 17,957 16,851
Other creditors 625 13,872
267,622 46,473

7. PROVISIONS FOR LIABILITIES
31.5.24 31.5.23
£    £   
Deferred tax
Accelerated capital allowances 30,327 -

Deferred
tax
£   
Excess of capital allowances 30,327
over depreciation
Balance at 31 May 2024 30,327