REGISTERED NUMBER: 01272826 (England and Wales)

Financial Statements

for the Period

1 August 2024 to 31 January 2025

for

WHITE OPTICS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr T B Wolfenden

REGISTERED OFFICE:

Unit 2 Oakwood Enterprise Park

Rowden Lane

Ledburn

Bedfordshire

LU7 0GR

REGISTERED NUMBER:

01272826 (England and Wales)

ACCOUNTANTS:

Jeff Lermer & Associates

Chartered Accountants

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

FIXED ASSETS

Tangible assets

4

21,690

30,972

CURRENT ASSETS

Stocks

5

619,309

502,466

Debtors

6

852,510

720,661

Cash at bank and in hand

297,599

295,815

1,769,418

1,518,942

CREDITORS

Amounts falling due within one year

7

531,940

494,112

NET CURRENT ASSETS

1,237,478

1,024,830

TOTAL ASSETS LESS CURRENT LIABILITIES

1,259,168

1,055,802

CAPITAL AND RESERVES

Called up share capital

8

1,000

1,000

Retained earnings

9

1,258,168

1,054,802

SHAREHOLDERS' FUNDS

1,259,168

1,055,802

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

The members have not required the company to obtain an audit of its financial statements for the period 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 Income Statement has not been delivered.

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

Mr T B Wolfenden - Director

1.	STATUTORY INFORMATION

White Optics Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

10% on cost

Fixtures and fittings

-

20% on Cost

Motor vehicles

-

25% on cost

Computer equipment

-

Straight line over 3 years

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 period 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 period 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 14 (2024 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Motor

Computer

property

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 August 2024

and 31 January 2025

17,329

5,473

63,585

9,015

95,402

DEPRECIATION

At 1 August 2024

10,311

5,429

39,825

8,865

64,430

Charge for period

1,227

6

7,949

100

9,282

At 31 January 2025

11,538

5,435

47,774

8,965

73,712

NET BOOK VALUE

At 31 January 2025

5,791

38

15,811

50

21,690

At 31 July 2024

7,018

44

23,760

150

30,972

5.

STOCKS

31.1.25

31.7.24

£

£

Finished goods

619,309

502,466

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.7.24

£

£

Trade debtors

531,678

559,416

Provision for Trade Debtors

(9,988

)

(4,689

)

Amounts owed by group undertakings

309,667

158,333

Prepayments and accrued income

21,153

7,601

852,510

720,661

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.7.24

£

£

Trade creditors

190,446

238,301

Amounts owed to group undertakings

22,302

-

Tax

106,892

77,873

Social security and other taxes

2,782

6,995

VAT

160,060

100,148

Other creditors

26,268

2,878

Invoice discounting creditor

-

48,038

Accrued expenses

23,190

19,879

531,940

494,112

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.25

31.7.24

value:

£

£

1,000

Ordinary

£1

1,000

1,000

9.

RESERVES

Retained

earnings

£

At 1 August 2024

1,054,802

Profit for the period

203,366

At 31 January 2025

1,258,168

10.	RELATED PARTY DISCLOSURES

At the balance sheet date, included in debtors due within one year is £309,667 (2024: £158,333) due from Wolf Eyewear Group Limited & £22,302 due to Wolf Eyewear Limited.

The companies are related parties by virtue of the fact that they are under common control.

11.	ULTIMATE CONTROLLING PARTY

The controlling party is Wolf Eyewear Group Limited.