Company No: 07955925 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	318,953		313,344
		318,953		313,344
Current assets
Stocks	4	40,350		24,972
Debtors	5	240,024		179,731
Cash at bank and in hand		141,237		163,567
		421,611		368,270
Creditors: amounts falling due within one year	6	( 291,599)		( 314,500)
Net current assets		130,012		53,770
Total assets less current liabilities		448,965		367,114
Creditors: amounts falling due after more than one year	7	( 46,633)		( 62,667)
Net assets		402,332		304,447
Capital and reserves
Called-up share capital	8	100		100
Profit and loss account		402,232		304,347
Total shareholder's funds		402,332		304,447

For the financial 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.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Superchromic Eyewear Limited (registered number: 07955925) were approved and authorised for issue by the Director on 12 September 2025. They were signed on its behalf by:

R B Allen Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Superchromic Eyewear Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Towngate House, 2-8 Parkstone Road, Poole, BH15 2PW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Turnover

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 value added tax, returns, rebates and discounts and after eliminating sales within the company.

Employee benefits

Defined contribution schemes
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Land and buildings	not depreciated
Plant and machinery	5 years straight line
Vehicles	25 % reducing balance
Fixtures and fittings	25 % reducing balance
Office equipment	5 years straight line
Computer equipment	3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	1		1

3. Tangible assets

	Land and buildings		Plant and machinery		Vehicles		Fixtures and fittings		Office equipment		Computer equipment		Total
	£		£		£		£		£		£		£
Cost
At 01 April 2024	283,272		21,912		34,890		12,809		2,703		4,207		359,793
Additions	9,760		0		0		0		823		1,955		12,538
At 31 March 2025	293,032		21,912		34,890		12,809		3,526		6,162		372,331
Accumulated depreciation
At 01 April 2024	0		21,690		18,944		207		1,486		4,122		46,449
Charge for the financial year	0		222		3,987		1,890		440		390		6,929
At 31 March 2025	0		21,912		22,931		2,097		1,926		4,512		53,378
Net book value
At 31 March 2025	293,032		0		11,959		10,712		1,600		1,650		318,953
At 31 March 2024	283,272		222		15,946		12,602		1,217		85		313,344

4. Stocks

	2025		2024
	£		£
Stocks	40,350		24,972

5. Debtors

	2025		2024
	£		£
Trade debtors	190,881		124,216
Other debtors	49,143		55,515
	240,024		179,731

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans (secured)	17,722		19,410
Trade creditors	214,036		254,720
Corporation tax	34,829		36,974
Other taxation and social security	11,154		0
Other creditors	13,858		3,396
	291,599		314,500

The bank loans are secured on buildings of the Company with a carrying value of £190,000.

7. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans (secured)	46,633		62,667

The bank loans are secured on buildings of the Company with a carrying value of £190,000.

8. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100

9. Related party transactions

Transactions with the entity's director

	2025		2024
	£		£
Overdrawn loan account	0		3,552

Other related party transactions

	2025		2024
	£		£
Receivable from associated company	49,143		38,609