18 August 2023 false No description of principal activity Taxfiler 2024.6 15083096business:PrivateLimitedCompanyLtd2023-08-182024-08-31 150830962023-08-17 150830962023-08-182024-08-31 15083096business:AuditExemptWithAccountantsReport2023-08-182024-08-31 15083096business:FilletedAccounts2023-08-182024-08-31 150830962024-08-31 15083096business:Director12023-08-182024-08-31 15083096business:RegisteredOffice2023-08-182024-08-31 15083096core:WithinOneYear2024-08-31 15083096core:ShareCapitalcore:PreviouslyStatedAmount2024-08-31 15083096core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-08-31 15083096core:PreviouslyStatedAmount2024-08-31 15083096business:SmallEntities2023-08-182024-08-31 15083096countries:EnglandWales2023-08-182024-08-31 15083096business:OrdinaryShareClass12023-08-182024-08-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 15083096 (England and Wales)
Intellisight Optics Ltd Unaudited accounts for the period from 18 August 2023 to 31 August 2024
Intellisight Optics Ltd Unaudited accounts Contents
Page
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Intellisight Optics Ltd Company Information for the period from 18 August 2023 to 31 August 2024
Director
Said Fawzi Habib
Company Number
15083096 (England and Wales)
Registered Office
Intelli Sight Opticians 67 High Street Redcar Cleveland TS10 3DD England
Accountants
Shipleys Tax - Chartered Accountants 32 Park Cross Street Leeds West Yorkshire LS1 2QH
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Intellisight Optics Ltd Statement of financial position as at 31 August 2024
2024 
Notes
£ 
Current assets
Debtors
8,173 
Cash at bank and in hand
13,166 
21,339 
Creditors: amounts falling due within one year
(26,897)
Net current liabilities
(5,558)
Net liabilities
(5,558)
Capital and reserves
Called up share capital
1 
Profit and loss account
(5,559)
Shareholders' funds
(5,558)
For the period ending 31 August 2024 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 April 2025 and were signed on its behalf by
Said Fawzi Habib Director Company Registration No. 15083096
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Intellisight Optics Ltd Notes to the Accounts for the period from 18 August 2023 to 31 August 2024
1
Statutory information
Intellisight Optics Ltd is a private company, limited by shares, registered in England and Wales, registration number 15083096. The registered office is Intelli Sight Opticians, 67 High Street, Redcar, Cleveland, TS10 3DD, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Debtors
2024 
£ 
Amounts falling due within one year
VAT
1,521 
Trade debtors
5,193 
Other debtors
1,459 
8,173 
5
Creditors: amounts falling due within one year
2024 
£ 
Trade creditors
5,042 
Amounts owed to group undertakings and other participating interests
(1)
Other creditors
777 
Loans from directors
21,079 
26,897 
6
Share capital
2024 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
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Intellisight Optics Ltd Notes to the Accounts for the period from 18 August 2023 to 31 August 2024
7
Controlling party
As at 31 August 2024, the immediate and ultimate parent company of Intellisight Optics Ltd is Saliha Holdings Limited, which holds 100% of the issued share capital of Intellisight Optics Ltd. Intellisight Optics Ltd has been wholly owned by Saliha Holdings Limited since its incorporation. As a result, Saliha Holdings Limited exercises full control over the company's strategic and operational decisions. The financial statements have been prepared on the basis that Intellisight Optics Ltd operates as a wholly owned subsidiary of Saliha Holdings Limited. Any transactions between Intellisight Optics Ltd and its controlling party, including related party transactions, are disclosed in accordance with applicable financial reporting standards.
8
Average number of employees
During the period the average number of employees was 5.
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