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WORLD EYE VISION LTD.

Registered Number
11689155
(England and Wales)

Unaudited Financial Statements for the Year ended
30 November 2024

WORLD EYE VISION LTD.
Company Information
for the year from 1 December 2023 to 30 November 2024

Directors

Farrukh KHAN
NALLAPPANE, Vimal

Registered Address

6 - 9 The Square
Stockley Park
Uxbridge
UB11 1FW

Registered Number

11689155 (England and Wales)
WORLD EYE VISION LTD.
Balance Sheet as at
30 November 2024

Notes

2024

2023

£

£

£

£

Current assets
Stocks359,13649,394
Debtors4640,428429,553
Cash at bank and on hand19,09425,127
718,658504,074
Creditors amounts falling due within one year5(312,101)(191,133)
Net current assets (liabilities)406,557312,941
Total assets less current liabilities406,557312,941
Net assets406,557312,941
Capital and reserves
Called up share capital11
Profit and loss account406,556312,940
Shareholders' funds406,557312,941
The financial statements were approved and authorised for issue by the Board of Directors on 7 August 2025, and are signed on its behalf by:
Farrukh KHAN
Director
Registered Company No. 11689155
WORLD EYE VISION LTD.
Notes to the Financial Statements
for the year ended 30 November 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Employee benefits
Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Stocks and work in progress
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
2.Average number of employees

20242023
Average number of employees during the year11
3.Stocks

2024

2023

££
Finished goods59,13649,394
Total59,13649,394
4.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables640,428428,566
Other debtors-987
Total640,428429,553
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
5.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables197,458146,452
Bank borrowings and overdrafts624312
Taxation and social security110,13440,837
Accrued liabilities and deferred income3,8853,532
Total312,101191,133
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.