2 2 Darwin Optical Company Limited 06268112 false 2023-07-01 2024-06-30 2024-06-30 The principal activity of the company is that of an optician. Digita Accounts Production Advanced 6.30.9574.0 true 06268112 2023-07-01 2024-06-30 06268112 2024-06-30 06268112 core:CurrentFinancialInstruments 2024-06-30 06268112 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 06268112 core:FurnitureFittingsToolsEquipment 2024-06-30 06268112 bus:SmallEntities 2023-07-01 2024-06-30 06268112 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 06268112 bus:FilletedAccounts 2023-07-01 2024-06-30 06268112 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 06268112 bus:RegisteredOffice 2023-07-01 2024-06-30 06268112 bus:Director1 2023-07-01 2024-06-30 06268112 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 06268112 core:FurnitureFittingsToolsEquipment 2023-07-01 2024-06-30 06268112 core:OfficeEquipment 2023-07-01 2024-06-30 06268112 countries:EnglandWales 2023-07-01 2024-06-30 06268112 2023-06-30 06268112 core:FurnitureFittingsToolsEquipment 2023-06-30 06268112 2022-07-01 2023-06-30 06268112 2023-06-30 06268112 core:CurrentFinancialInstruments 2023-06-30 06268112 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 06268112 core:FurnitureFittingsToolsEquipment 2023-06-30 xbrli:pure iso4217:GBP

Registration number: 06268112

Darwin Optical Company Limited

Unaudited Filleted Financial Statements

for the Year Ended 30 June 2024

 

Darwin Optical Company Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 4

 

Darwin Optical Company Limited

(Registration number: 06268112)
Balance Sheet as at 30 June 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

432

644

Current assets

 

Debtors

5

4,339

12,775

Cash at bank and in hand

 

5,577

8,676

 

9,916

21,451

Creditors: Amounts falling due within one year

6

(9,229)

(21,846)

Net current assets/(liabilities)

 

687

(395)

Net assets

 

1,119

249

Capital and reserves

 

Called up share capital

100

100

Retained earnings

1,019

149

Shareholders' funds

 

1,119

249

For the financial year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 24 February 2025
 

.........................................
Mr P Redhead
Director

 

Darwin Optical Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
West Lynne Lower Mountain Road
Hope
Wrexham
LL12 9RW
Wales

These financial statements were authorised for issue by the director on 24 February 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Darwin Optical Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

33% Reducing balance

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2023 - 2).

 

Darwin Optical Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 July 2023

2,372

2,372

At 30 June 2024

2,372

2,372

Depreciation

At 1 July 2023

1,728

1,728

Charge for the year

212

212

At 30 June 2024

1,940

1,940

Carrying amount

At 30 June 2024

432

432

At 30 June 2023

644

644

5

Debtors

Current

2024
£

2023
£

Other debtors

4,339

12,775

 

4,339

12,775

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Taxation and social security

8,229

20,886

Accruals and deferred income

1,000

960

9,229

21,846