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Company Registration No. 11792075 (England and Wales)
OPTICAL LOUNGE LIMITED Unaudited accounts for the year ended 31 January 2025
OPTICAL LOUNGE LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
OPTICAL LOUNGE LIMITED Company Information for the year ended 31 January 2025
Director
Kirandeep Singh Bajwa
Company Number
11792075 (England and Wales)
Registered Office
23 LANDSEER ROAD LEICESTER LE2 3EF ENGLAND
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OPTICAL LOUNGE LIMITED Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
800 
1,067 
Current assets
Debtors
5
30,545 
25,855 
Cash at bank and in hand
5,150 
7,476 
35,695 
33,331 
Creditors: amounts falling due within one year
6
(20,580)
(14,548)
Net current assets
15,115 
18,783 
Total assets less current liabilities
15,915 
19,850 
Creditors: amounts falling due after more than one year
7
(14,831)
(17,353)
Net assets
1,084 
2,497 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
984 
2,397 
Shareholders' funds
1,084 
2,497 
For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 October 2025 and were signed on its behalf by
Kirandeep Singh Bajwa Director Company Registration No. 11792075
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OPTICAL LOUNGE LIMITED Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
OPTICAL LOUNGE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11792075. The registered office is 23 LANDSEER ROAD, LEICESTER, LE2 3EF, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 February 2024
4,500 
At 31 January 2025
4,500 
Depreciation
At 1 February 2024
3,433 
Charge for the year
267 
At 31 January 2025
3,700 
Net book value
At 31 January 2025
800 
At 31 January 2024
1,067 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Other debtors
30,545 
25,855 
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OPTICAL LOUNGE LIMITED Notes to the Accounts for the year ended 31 January 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
3,566 
3,746 
Taxes and social security
16,094 
9,882 
Accruals
920 
920 
20,580 
14,548 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
14,250 
17,353 
Taxes and social security
581 
- 
14,831 
17,353 
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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