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Registered number: 07471224
Eyecare Services Group Limited
Financial Statements
For The Year Ended 31 December 2024
DJ Coulter & Associates Limited
Chartered Certified Accountants
Wellesley House
7 Clarence Parade
Cheltenham
GL50 3NY
Contents
Page
Accountants' Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—7
Page 1
Accountants' Report
Report to the director on the preparation of the unaudited statutory accounts of Eyecare Services Group Limited for the year ended 31 December 2024
To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Eyecare Services Group Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the director of Eyecare Services Group Limited , as a body, in accordance with the terms of our engagement letter dated 22 September 2020. Our work has been undertaken solely to prepare for your approval the accounts of Eyecare Services Group Limited and state those matters that we have agreed to state to the director of Eyecare Services Group Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Eyecare Services Group Limited and its director as a body for our work or for this report.
It is your duty to ensure that Eyecare Services Group Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Eyecare Services Group Limited . You consider that Eyecare Services Group Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Eyecare Services Group Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
16th September 2025
DJ Coulter & Associates Limited
Chartered Certified Accountants
Wellesley House
7 Clarence Parade
Cheltenham
GL50 3NY
Page 1
Page 2
Balance Sheet
Registered number: 07471224
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 14,158 13,969
14,158 13,969
CURRENT ASSETS
Stocks 5 52,010 47,939
Debtors 6 115,277 205,244
Cash at bank and in hand 712,771 463,887
880,058 717,070
Creditors: Amounts Falling Due Within One Year 7 (134,479 ) (142,089 )
NET CURRENT ASSETS (LIABILITIES) 745,579 574,981
TOTAL ASSETS LESS CURRENT LIABILITIES 759,737 588,950
NET ASSETS 759,737 588,950
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 759,637 588,850
SHAREHOLDERS' FUNDS 759,737 588,950
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Page 3
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Ms Ruby Hashim
Director
16th September 2025
The notes on pages 4 to 7 form part of these financial statements.
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Page 4
Notes to the Financial Statements
1. General Information
Eyecare Services Group Limited Registered number 07471224 is a limited by shares company incorporated in England & Wales. The Registered Office is Ryehurst Office Block Ryehurst Lane, Binfield, Bracknell, RG42 5QZ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% reducing balance
Fixtures & Fittings 25% reducing balance
2.4. Leasing and Hire Purchase Contracts
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.
2.5. Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
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2.6. Taxation
Income tax expense represents the sum of the tax currently payable.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Current tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current tax is also recognised in other comprehensive income or directly in equity respectively.
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.8. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 9 (2023: 8)
9 8
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 January 2024 20,877 12,365 33,242
Additions 1,715 4,131 5,846
Disposals (13,460 ) - (13,460 )
As at 31 December 2024 9,132 16,496 25,628
Depreciation
As at 1 January 2024 15,597 3,676 19,273
Provided during the period 1,026 3,063 4,089
Disposals (11,892 ) - (11,892 )
As at 31 December 2024 4,731 6,739 11,470
Net Book Value
As at 31 December 2024 4,401 9,757 14,158
As at 1 January 2024 5,280 8,689 13,969
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5. Stocks
2024 2023
£ £
Finished goods 52,010 47,939
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 107,965 195,657
Prepayments and accrued income 2,688 1,904
VAT 4,624 7,683
115,277 205,244
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 35,300 34,504
Bank loans and overdrafts 9,659 11,532
Corporation tax 62,304 60,553
Other taxes and social security 123 793
Net wages 3,052 4,245
Other creditors 1,659 626
Accruals and deferred income 795 1,478
Director's loan account 21,587 28,358
134,479 142,089
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Directors Advances, Credits and Guarantees
Dividends paid to directors
2024 2023
£ £
Ms Ruby Hashim 22,000 25,000
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10. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid 22,000 25,000
11. Ultimate Controlling Party
The company's ultimate controlling party is Rubina Hashim by virtue of her ownership of 100% of the issued share capital in the company.
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