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
Intellisight Optics Ltd
Company Information
for the period from 18 August 2023 to 31 August 2024
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
Intellisight Optics Ltd
Statement of financial position
as at 31 August 2024
Cash at bank and in hand
13,166
Creditors: amounts falling due within one year
(26,897)
Net current liabilities
(5,558)
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
Intellisight Optics Ltd
Notes to the Accounts
for the period from 18 August 2023 to 31 August 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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.
Amounts falling due within one year
5
Creditors: amounts falling due within one year
2024
Amounts owed to group undertakings and other participating interests
(1)
Loans from directors
21,079
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
Intellisight Optics Ltd
Notes to the Accounts
for the period from 18 August 2023 to 31 August 2024
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.