REGISTERED NUMBER: 10055619 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2024

for

Eye Clinic Opticians Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Ahsar

Mrs E Quesar

REGISTERED OFFICE:

738 Great Horton Road

Bradford

West Yorkshire

BD7 4EE

REGISTERED NUMBER:

10055619 (England and Wales)

ACCOUNTANTS:

Blenheim Advisory Limited

Chartered Certified Accountants

3 Feast Field

Horsforth

Leeds

West Yorkshire

LS18 4TJ

FIXED ASSETS

Tangible assets

4

37,532

39,843

CURRENT ASSETS

Stocks

5

1,960

9,977

Debtors

6

10,588

19,989

Cash at bank and in hand

2,911

17,991

15,459

47,957

CREDITORS

Amounts falling due within one year

7

27,528

42,571

NET CURRENT (LIABILITIES)/ASSETS

(12,069

)

5,386

TOTAL ASSETS LESS CURRENT LIABILITIES

25,463

45,229

CREDITORS

Amounts falling due after more than one year

8

(6,605

)

(10,644

)

PROVISIONS FOR LIABILITIES

(4,289

)

(4,400

)

NET ASSETS

14,569

30,185

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

14,469

30,085

SHAREHOLDERS' FUNDS

14,569

30,185

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 5 November 2025 and were signed on its behalf by:

M Ahsar - Director

1.	STATUTORY INFORMATION

Eye Clinic Opticians 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.

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

-

in accordance with the property

Fixtures and fittings

-

25% 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

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 year was 2 (2023 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Improvements

and

to property

fittings

Totals

£

£

£

Cost

At 1 April 2023

41,260

40,923

82,183

Additions

-

5,525

5,525

At 31 March 2024

41,260

46,448

87,708

Depreciation

At 1 April 2023

17,332

25,008

42,340

Charge for year

2,476

5,360

7,836

At 31 March 2024

19,808

30,368

50,176

Net book value

At 31 March 2024

21,452

16,080

37,532

At 31 March 2023

23,928

15,915

39,843

5.

STOCKS

2024

2023

£

£

Stocks

1,960

9,977

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

9,342

19,989

Other debtors

1,246

-

10,588

19,989

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

4,039

3,940

Trade creditors

23,156

32,441

Taxation and social security

333

6,135

Other creditors

-

55

27,528

42,571

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

6,605

10,644

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2024 and 31 March 2023:

2024

2023

£

£

M Ahsar and Mrs E Quesar

Balance outstanding at start of year

-

-

Amounts advanced

12,500

12,000

Amounts repaid

(12,500

)

(12,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-