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Company Registration No. 13213472 (England and Wales)
PRESTIGE OPTICAL LIMITED Unaudited accounts for the year ended 31 March 2025
PRESTIGE OPTICAL LIMITED Unaudited accounts Contents
Page
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PRESTIGE OPTICAL LIMITED Company Information for the year ended 31 March 2025
Directors
ADAM DAVIES MICHAEL DAVIES
Company Number
13213472 (England and Wales)
Registered Office
1 57 HORNSEY LANE LONDON N6 5LE ENGLAND
Accountants
Harvest Accountants Ltd 124 City Road London EC1V 2NX
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PRESTIGE OPTICAL LIMITED Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
138,410 
153,640 
Current assets
Debtors
415,292 
207,297 
Cash at bank and in hand
402,171 
235,881 
817,463 
443,178 
Creditors: amounts falling due within one year
(428,203)
(220,633)
Net current assets
389,260 
222,545 
Total assets less current liabilities
527,670 
376,185 
Creditors: amounts falling due after more than one year
(41,875)
(26,409)
Net assets
485,795 
349,776 
Capital and reserves
Profit and loss account
485,795 
349,776 
Shareholders' funds
485,795 
349,776 
For the year ending 31 March 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 21 May 2025 and were signed on its behalf by
ADAM DAVIES Director Company Registration No. 13213472
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PRESTIGE OPTICAL LIMITED Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
PRESTIGE OPTICAL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13213472. The registered office is 1 57 HORNSEY LANE, LONDON, N6 5LE, 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 remained unchanged from the previous year, and also 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
4 years
Motor vehicles
5 years
Computer equipment
3 years
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2024
28,715 
189,416 
4,371 
222,502 
Additions
- 
42,583 
4,004 
46,587 
At 31 March 2025
28,715 
231,999 
8,375 
269,089 
Depreciation
At 1 April 2024
7,082 
60,677 
1,103 
68,862 
Charge for the year
7,407 
52,146 
2,264 
61,817 
At 31 March 2025
14,489 
112,823 
3,367 
130,679 
Net book value
At 31 March 2025
14,226 
119,176 
5,008 
138,410 
At 31 March 2024
21,633 
128,739 
3,268 
153,640 
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PRESTIGE OPTICAL LIMITED Notes to the Accounts for the year ended 31 March 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
- 
25,758 
Trade debtors
407,493 
175,599 
Accrued income and prepayments
1,750 
1,750 
Other debtors
6,049 
4,190 
415,292 
207,297 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
92,439 
- 
Obligations under finance leases and hire purchase contracts
46,944 
63,101 
Trade creditors
110,520 
65,780 
Taxes and social security
67,825 
89,770 
Other creditors
5,569 
1,982 
Loans from directors
10,920 
- 
Accruals
93,986 
- 
428,203 
220,633 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Obligations under finance leases and hire purchase contracts
41,875 
26,409 
8
Average number of employees
During the year the average number of employees was 10 (2024: 6).
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