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REGISTERED NUMBER: SC620119 (Scotland)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

L & D EYECARE LIMITED

L & D EYECARE LIMITED (REGISTERED NUMBER: SC620119)






CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


L & D EYECARE LIMITED

COMPANY INFORMATION
For The Year Ended 31 March 2025







DIRECTORS: D Laycock
Mrs L Laycock





REGISTERED OFFICE: 194 Argyll Street
Dunoon
Argyll
PA23 7HA





REGISTERED NUMBER: SC620119 (Scotland)





ACCOUNTANTS: R A Clement Associates
5 Argyll Square
OBAN
Argyll
PA34 4AZ

L & D EYECARE LIMITED (REGISTERED NUMBER: SC620119)

BALANCE SHEET
31 March 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 10,300 12,875
Tangible assets 5 5,451 6,431
15,751 19,306

CURRENT ASSETS
Stocks 20,563 16,735
Debtors 6 8,967 11,098
Cash at bank 14,751 19,971
44,281 47,804
CREDITORS
Amounts falling due within one year 7 21,053 19,532
NET CURRENT ASSETS 23,228 28,272
TOTAL ASSETS LESS CURRENT
LIABILITIES

38,979

47,578

PROVISIONS FOR LIABILITIES 835 1,021
NET ASSETS 38,144 46,557

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 38,044 46,457
SHAREHOLDERS' FUNDS 38,144 46,557

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

L & D EYECARE LIMITED (REGISTERED NUMBER: SC620119)

BALANCE SHEET - continued
31 March 2025


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 Board of Directors and authorised for issue on 5 August 2025 and were signed on its behalf by:





D Laycock - Director


L & D EYECARE LIMITED (REGISTERED NUMBER: SC620119)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2025

1. STATUTORY INFORMATION

L & D Eyecare Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 reducing balance
Fixtures and fittings - 20% on reducing balance
Computer equipment - 33% on cost

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

L & D EYECARE LIMITED (REGISTERED NUMBER: SC620119)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 March 2025

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 25,750
AMORTISATION
At 1 April 2024 12,875
Amortisation for year 2,575
At 31 March 2025 15,450
NET BOOK VALUE
At 31 March 2025 10,300
At 31 March 2024 12,875

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 April 2024
and 31 March 2025 14,157 629 2,997 17,783
DEPRECIATION
At 1 April 2024 7,876 479 2,997 11,352
Charge for year 942 38 - 980
At 31 March 2025 8,818 517 2,997 12,332
NET BOOK VALUE
At 31 March 2025 5,339 112 - 5,451
At 31 March 2024 6,281 150 - 6,431

L & D EYECARE LIMITED (REGISTERED NUMBER: SC620119)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 March 2025

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 6,724 8,685
Other debtors 2,243 2,413
8,967 11,098

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Taxation and social security 12,889 10,879
Other creditors 8,164 8,653
21,053 19,532