Eye-Docs Holdings Limited iXBRL

Company Registration Number: 13736873

Eye-Docs Holdings Limited

Directors' Report and Unaudited Financial Statements

for the financial year ended 31 December 2024

Eye-Docs Holdings Limited

DIRECTORS AND OTHER INFORMATION


Directors	Jonathan Moore
	Sunil Shah
	Ramesh Sivaraj


Company Registration Number	13736873


Registered Office and Business Address	50 Lode Lane
	Solihull
	West Midlands
	B91 2AW


Accountants	Muldoon & Co
	16 Mount Charles
	Belfast
	BT7 1NZ
	Northern Ireland

Eye-Docs Holdings Limited

DIRECTORS' REPORT

for the financial year ended 31 December 2024

The directors present their report and the unaudited financial statements for the financial year ended 31 December 2024.

Directors

The directors who served during the financial year are as follows:

Jonathan Moore

Sunil Shah

Ramesh Sivaraj

There were no changes in shareholdings between 31 December 2024 and the date of signing the financial statements.

Statement of Directors' Responsibilities

The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A (Small Entities). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period.

In preparing these financial statements, the directors are required to:

select suitable accounting policies and apply them consistently;

make judgements and accounting estimates that are reasonable and prudent;

prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Special provisions relating to small companies

The above report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

On behalf of the board

___________________________

Sunil Shah

Director

3 July 2025

Eye-Docs Holdings Limited

Company Registration Number: 13736873

BALANCE SHEET

as at 31 December 2024

		2024	2023
	Notes	£	£

Fixed Assets

Investments

3,375,567

3,375,567

─────────

Current Assets

Debtors

672,500

672,500

Cash and cash equivalents

28,652

15,821

─────────

701,152

688,321

─────────

Creditors: amounts falling due within one year

(1,449,948)

(1,195,720)

─────────

Net Current Liabilities

(748,796)

(507,399)

─────────

Total Assets less Current Liabilities

2,626,771

2,868,168

Creditors:

amounts falling due after more than one year

(299,798)

(484,326)

─────────

Net Assets

2,326,973

2,383,842

═════════

Capital and Reserves

Called up share capital

100

100

Share premium account

2,449,842

2,449,842

Retained earnings

(122,969)

(66,100)

─────────

Equity attributable to owners of the company

2,326,973

2,383,842

═════════

The financial statements have been prepared 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 company has taken advantage of the exemption under section 444 not to file the Profit and Loss Account.

For the financial year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Board and authorised for issue on 3 July 2025 and signed on its behalf by



________________________________
Sunil Shah
Director

Eye-Docs Holdings Limited

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 December 2024

General Information

Eye-Docs Holdings Limited is a company limited by shares incorporated and registered in England. The registered number of the company is 13736873. The registered office of the company is 50 Lode Lane, Solihull, West Midlands, B91 2AW which is also the principal place of business of the company. The company is a holding company. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the financial year ended 31 December 2024 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006. These are the company's first set of financial statements prepared in accordance with FRS 102.

Basis of preparation

The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Investments

Investments held as fixed assets are stated at cost less provision for any permanent diminution in value. Income from other investments together with any related tax credit is recognised in the Profit and Loss Account in the financial year in which it is receivable.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Borrowing costs

Borrowing costs are recognised in profit or loss in the period in which they are incurred.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.

Ordinary share capital

The ordinary share capital of the company is presented as equity.

Period of financial statements

The comparative figures relate to the 12 month period ended 31 December 2023.

Employees

The average monthly number of employees, including directors, during the financial year was:

2024

2023

Number

Number

Director

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5.	Investments
		Group and	Total
		participating
		interests/
		joint ventures
	Investments	£	£
	Cost

	At 31 December 2024	3,375,567	3,375,567
		─────────	─────────
	Net book value
	At 31 December 2024	3,375,567	3,375,567
		═════════	═════════
	At 31 December 2023	3,375,567	3,375,567
		═════════	═════════


6.	Debtors	2024	2023
		£	£

	Amounts owed by group undertakings	672,500	672,500
		═════════	═════════


7.	Creditors	2024	2023
	Amounts falling due within one year	£	£

	Bank loan	170,300	156,072
	Amounts owed to group undertakings	1,279,591	1,039,591
	Other creditors	57	57
		─────────	─────────
		1,449,948	1,195,720
		═════════	═════════


8.	Creditors	2024	2023
	Amounts falling due after more than one year	£	£

	Bank loan	299,798	484,326
		═════════	═════════

	Loans
	Repayable in one year or less, or on demand (Note 7)	170,300	156,072
	Repayable between one and two years	243,175	312,147
	Repayable between two and five years	56,623	172,179
		─────────	─────────
		470,098	640,398
		═════════	═════════

Capital commitments

The company had no material capital commitments at the financial year-ended 31 December 2024.

10.

Related party transactions

The company has availed of the exemption under FRS 102 Section 1A in relation to the disclosure of transactions with group undertakings.

11.

Post-Balance Sheet Events

There have been no significant events affecting the company since the financial year-end.