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REGISTERED NUMBER: 11957577 (England and Wales)















Unaudited Financial Statements for the Year Ended 30th April 2024

for

Bourne & Bourne Optical Ltd

Bourne & Bourne Optical Ltd (Registered number: 11957577)

Contents of the Financial Statements
for the Year Ended 30th April 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Bourne & Bourne Optical Ltd

Company Information
for the Year Ended 30th April 2024







DIRECTORS: Dr J Bourne
Dr A Bourne





REGISTERED OFFICE: 109 Carr Lane
Willerby
Hull
East Riding Of Yorkshire
HU10 6JS





REGISTERED NUMBER: 11957577 (England and Wales)





ACCOUNTANTS: Dymond Accountants
Office F1,
Beverley Enterprise Centre
Beck View Road
Beverley
East Yorkshire
HU17 0JT

Bourne & Bourne Optical Ltd (Registered number: 11957577)

Balance Sheet
30th April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 3,205 2,947
3,205 2,947

CURRENT ASSETS
Cash at bank 1,165 1,552

CREDITORS
Amounts falling due within one year 6 1,008 4,685
NET CURRENT ASSETS/(LIABILITIES) 157 (3,133 )
TOTAL ASSETS LESS CURRENT LIABILITIES 3,362 (186 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 3,262 (286 )
3,362 (186 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 26th February 2025 and were signed on its behalf by:



Dr J Bourne - Director



Dr A Bourne - Director


Bourne & Bourne Optical Ltd (Registered number: 11957577)

Notes to the Financial Statements
for the Year Ended 30th April 2024


1. STATUTORY INFORMATION

Bourne & Bourne Optical 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 2020, is being amortised evenly over its estimated useful life of four 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.
Plant and machinery - 15% on cost
Computer equipment - 25% on cost

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 - 2 ) .

Bourne & Bourne Optical Ltd (Registered number: 11957577)

Notes to the Financial Statements - continued
for the Year Ended 30th April 2024


4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st May 2023
and 30th April 2024 4,000
AMORTISATION
At 1st May 2023
and 30th April 2024 4,000
NET BOOK VALUE
At 30th April 2024 -
At 30th April 2023 -

5. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1st May 2023 6,200 1,868 8,068
Additions - 2,207 2,207
At 30th April 2024 6,200 4,075 10,275
DEPRECIATION
At 1st May 2023 3,720 1,401 5,121
Charge for year 930 1,019 1,949
At 30th April 2024 4,650 2,420 7,070
NET BOOK VALUE
At 30th April 2024 1,550 1,655 3,205
At 30th April 2023 2,480 467 2,947

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Taxation and social security 1,008 1,080
Other creditors - 3,605
1,008 4,685