Registration number: 08532318

Kedoo Optical Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 7

Kedoo Optical Limited

(Registration number: 08532318)
Balance Sheet as at 31 May 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	22,551	29,292
Current assets
Stocks	6	44,322	45,508
Debtors	7	28,323	19,844
Cash at bank and in hand		660,580	650,302
		733,225	715,654
Creditors: Amounts falling due within one year	8	(288,486)	(336,810)
Net current assets		444,739	378,844
Total assets less current liabilities		467,290	408,136
Provisions for liabilities		(5,638)	(6,680)
Net assets		461,652	401,456
Capital and reserves
Called up share capital		100	100
Retained earnings		461,552	401,356
Shareholders' funds		461,652	401,456

Kedoo Optical Limited

(Registration number: 08532318)
Balance Sheet as at 31 May 2025

For the financial year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 4 September 2025
 

......................................... Mr D A M Kedoo Director

Kedoo Optical Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
99 High Street
Sittingbourne
Kent
ME10 4AJ
England

These financial statements were authorised for issue by the director on 4 September 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Kedoo Optical Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office equipment	20% Straight line
Fixtures and fittings	20% Straight line
Property improvement	20% Straight line

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Franchise	20% Straight line

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Kedoo Optical Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 10 (2024 - 10).

Kedoo Optical Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

4	Intangible assets

	Franchise fee £	Total £
Cost or valuation
At 1 June 2024	11,211	11,211
At 31 May 2025	11,211	11,211
Amortisation
At 1 June 2024	11,211	11,211
At 31 May 2025	11,211	11,211
Carrying amount
At 31 May 2025	-	-

5	Tangible assets

	Property improvements £	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 June 2024	40,540	189,343	229,883
Additions	-	6,441	6,441
At 31 May 2025	40,540	195,784	236,324
Depreciation
At 1 June 2024	40,540	160,051	200,591
Charge for the year	-	13,182	13,182
At 31 May 2025	40,540	173,233	213,773
Carrying amount
At 31 May 2025	-	22,551	22,551
At 31 May 2024	-	29,292	29,292

6

Stocks

	2025 £	2024 £
Finished goods and goods for resale	44,322	45,508

Kedoo Optical Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2025

7

Debtors

Current	2025 £	2024 £
Trade debtors	16,238	7,319
Prepayments	12,085	12,525
	28,323	19,844

8

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	55,944	87,334
Taxation and social security	54,357	62,762
Accruals and deferred income	16,474	15,501
Other creditors	161,711	171,213
	288,486	336,810

A fixed charge was issued on the 16 January 2015 to National Westminster Bank PLC for the amount "A continuing security for the payment on demand of the Owner's Obligations and with full title guarantee assigns to the Bank all rights to the Policy and all money payable under the Policy"