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REGISTERED NUMBER: 12404542 (England and Wales)













RANSOME OPTICAL LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025





Carston ETL
Tudor House
16 Cathedral Road
Cardiff
CF11 9LJ








RANSOME OPTICAL LTD (REGISTERED NUMBER: 12404542)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


RANSOME OPTICAL LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2025







DIRECTOR: Mr J Lupton





REGISTERED OFFICE: 23 South End Road
London
London
NW3 2PT





REGISTERED NUMBER: 12404542 (England and Wales)





ACCOUNTANTS: Carston ETL
Tudor House
16 Cathedral Road
Cardiff
CF11 9LJ
Page 1
RANSOME OPTICAL LTD (REGISTERED NUMBER: 12404542)

STATEMENT OF FINANCIAL POSITION
31 JANUARY 2025

2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible assets 4 197,338 -
Tangible assets 5 885 -
198,223 -

CURRENT ASSETS
Debtors 6 11,500 -
Cash at bank 18,109 5,463
29,609 5,463
CREDITORS
Amounts falling due within one year 7 13,818 3,122
NET CURRENT ASSETS 15,791 2,341
TOTAL ASSETS LESS CURRENT LIABILITIES 214,014 2,341

CREDITORS
Amounts falling due after more than one year 8 242,108 -
NET (LIABILITIES)/ASSETS (28,094 ) 2,341

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings (28,194 ) 2,241
SHAREHOLDERS' FUNDS (28,094 ) 2,341

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 September 2025 and were signed by:





Mr J Lupton - Director


The notes form part of these financial statements

Page 2
RANSOME OPTICAL LTD (REGISTERED NUMBER: 12404542)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025


1. STATUTORY INFORMATION

Ransome Optical 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 in 2025, is being amortised evenly over its estimated useful life of fifteen years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment - 25% straight line on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£
COST
Additions 211,434
At 31 January 2025 211,434
AMORTISATION
Amortisation for year 14,096
At 31 January 2025 14,096
NET BOOK VALUE
At 31 January 2025 197,338

Page 3
RANSOME OPTICAL LTD (REGISTERED NUMBER: 12404542)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025


5. TANGIBLE FIXED ASSETS
Equipment
£
COST
At 1 February 2024 814
Additions 1,180
At 31 January 2025 1,994
DEPRECIATION
At 1 February 2024 814
Charge for year 295
At 31 January 2025 1,109
NET BOOK VALUE
At 31 January 2025 885
At 31 January 2024 -

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Trade debtors 1,500 -
Other debtors 10,000 -
11,500 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Bank loans and overdrafts 5,259 -
Taxation and social security 1,447 374
Other creditors 7,112 2,748
13,818 3,122

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£ £
Bank loans 167,108 -
Other creditors 75,000 -
242,108 -

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £ £
100 Ordinary £1 100 100

Page 4