REGISTERED NUMBER: 14213427 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

RP Eyecare (Sandbach) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr Ravikumar Arvindkumar Parmar

REGISTERED OFFICE:

Office 1

21 Hatherton Street

Walsall

United Kingdom

WS4 2LA

REGISTERED NUMBER:

14213427 (England and Wales)

ACCOUNTANTS:

Dhillon Accountants Limited

Chartered Accountants

Office 1

21 Hatherton Street

Walsall

WS4 2LA

FIXED ASSETS

Intangible assets

4

702,565

790,385

Tangible assets

5

176,145

108,432

878,710

898,817

CURRENT ASSETS

Stocks

15,000

15,000

Debtors

6

5,879

5,724

Cash at bank and in hand

564,784

526,371

585,663

547,095

CREDITORS

Amounts falling due within one year

7

(573,542

)

(671,643

)

NET CURRENT ASSETS/(LIABILITIES)

12,121

(124,548

)

TOTAL ASSETS LESS CURRENT LIABILITIES

890,831

774,269

CREDITORS

Amounts falling due after more than one year

8

(460,961

)

(554,377

)

PROVISIONS FOR LIABILITIES

(44,036

)

(29,037

)

NET ASSETS

385,834

190,855

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

385,734

190,755

SHAREHOLDERS' FUNDS

385,834

190,855

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 director acknowledges his 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.

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 director and authorised for issue on 15 September 2025 and were signed by:

Mr Ravikumar Arvindkumar Parmar - Director

1.	STATUTORY INFORMATION

RP Eyecare (Sandbach) Ltd is a private company, limited by shares , registered in England and Wales. 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, is being

amortised evenly over its estimated useful life of 10 years.

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 etc

-

15% on reducing balance

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

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

878,206

AMORTISATION

At 1 April 2024

87,821

Charge for year

87,820

At 31 March 2025

175,641

NET BOOK VALUE

At 31 March 2025

702,565

At 31 March 2024

790,385

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

116,148

Additions

93,076

At 31 March 2025

209,224

DEPRECIATION

At 1 April 2024

7,716

Charge for year

25,363

At 31 March 2025

33,079

NET BOOK VALUE

At 31 March 2025

176,145

At 31 March 2024

108,432

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

5,879

5,724

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

160,850

162,893

Hire purchase contracts

14,894

4,236

Trade creditors

92,260

102,954

Amounts owed to group undertakings

47,982

47,982

Taxation and social security

113,573

89,089

Other creditors

143,983

264,489

573,542

671,643

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

428,332

543,175

Hire purchase contracts

32,629

11,202

460,961

554,377