Company Registration No. 06965058 (England and Wales)
Western Eye Limited
Unaudited accounts
for the year ended 31 March 2025
Western Eye Limited
Unaudited accounts
Contents
Western Eye Limited
Company Information
for the year ended 31 March 2025
Director
Nicholas Charles Russell Shipley
Company Number
06965058 (England and Wales)
Registered Office
Unit 1 The Corner House Grove Road
Berry Hill
Coleford
GL16 8QH
England
Western Eye Limited
Statement of financial position
as at 31 March 2025
Intangible assets
76,320
82,680
Cash at bank and in hand
9,647
11,117
Creditors: amounts falling due within one year
(45,272)
(47,701)
Net current liabilities
(22,017)
(17,207)
Called up share capital
400
400
Profit and loss account
53,903
65,074
Shareholders' funds
54,303
65,474
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 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 15 July 2025 and were signed on its behalf by
Nicholas Charles Russell Shipley
Director
Company Registration No. 06965058
Western Eye Limited
Notes to the Accounts
for the year ended 31 March 2025
Western Eye Limited is a private company, limited by shares, registered in England and Wales, registration number 06965058. The registered office is Unit 1 The Corner House Grove Road, Berry Hill, Coleford, GL16 8QH, 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 remained unchanged from the previous year, and also 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.
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
33.3% Straight Line Basis
Motor vehicles
25% Straight Line Basis
Fixtures & fittings
25% Straight Line Basis
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Amortisation Method and rate - 4% Straight Line Basis
4
Intangible fixed assets
Goodwill
Western Eye Limited
Notes to the Accounts
for the year ended 31 March 2025
5
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
Trade debtors
8,947
14,655
7
Creditors: amounts falling due within one year
2025
2024
Trade creditors
1,195
1,465
Taxes and social security
(597)
-
Other creditors
1,000
2,320
Loans from directors
42,794
43,916
Allotted, called up and fully paid:
400 Ordinary shares of £1 each
400
400
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).