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REGISTERED NUMBER: 05934947 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

FOCUS OPTICAL LABORATORIES LIMITED

FOCUS OPTICAL LABORATORIES LIMITED (REGISTERED NUMBER: 05934947)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024










Page

Balance Sheet 1

Notes to the Financial Statements 2


FOCUS OPTICAL LABORATORIES LIMITED (REGISTERED NUMBER: 05934947)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,482 599

CURRENT ASSETS
Stocks 3,100 3,100
Debtors 5 100,654 107,879
Cash at bank 2,228 5,007
105,982 115,986
CREDITORS
Amounts falling due within one year 6 93,549 92,031
NET CURRENT ASSETS 12,433 23,955
TOTAL ASSETS LESS CURRENT LIABILITIES 15,915 24,554

CREDITORS
Amounts falling due after more than one year 7 (5,834 ) (15,834 )

PROVISIONS FOR LIABILITIES - (114 )
NET ASSETS 10,081 8,606

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 10,077 8,602
SHAREHOLDERS' FUNDS 10,081 8,606

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

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

The director acknowledges his 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 director and authorised for issue on 27 May 2025 and were signed by:





M S Byrne - Director


FOCUS OPTICAL LABORATORIES LIMITED (REGISTERED NUMBER: 05934947)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

Focus Optical Laboratories Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 05934947

Registered office: 3rd Floor
21 Perrymount Road
Haywards Heath
West Sussex
RH16 3TP

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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 - 25% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

FOCUS OPTICAL LABORATORIES LIMITED (REGISTERED NUMBER: 05934947)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 October 2023 50,131 1,040 - 2,807 53,978
Additions - - 3,799 - 3,799
At 30 September 2024 50,131 1,040 3,799 2,807 57,777
DEPRECIATION
At 1 October 2023 50,131 972 - 2,276 53,379
Charge for year - 68 317 531 916
At 30 September 2024 50,131 1,040 317 2,807 54,295
NET BOOK VALUE
At 30 September 2024 - - 3,482 - 3,482
At 30 September 2023 - 68 - 531 599

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 80,515 77,463
Other debtors 20,139 30,416
100,654 107,879

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 12,818 10,000
Trade creditors 51,198 62,542
Taxation and social security 21,479 11,297
Other creditors 8,054 8,192
93,549 92,031

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 5,834 15,834

8. ULTIMATE CONTROLLING PARTY

The controlling party is M S Byrne.