REGISTERED NUMBER: 11475006 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 February 2025

for

TR Eyes Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

T Ali

Mrs R Fowler-Williams

REGISTERED OFFICE:

17 Cowbridge Road

Pontyclun

CF72 9EA

REGISTERED NUMBER:

11475006 (England and Wales)

ACCOUNTANTS:

Emmerson Accountancy Ltd

Atlantic Business Centre

Atlantic Street

Altrincham

Cheshire

WA14 5NQ

FIXED ASSETS

Intangible assets

4

108,040

115,440

Tangible assets

5

14,687

15,784

122,727

131,224

CURRENT ASSETS

Stocks

18,400

12,600

Debtors

6

8,756

6,449

Cash at bank and in hand

88,143

82,156

115,299

101,205

CREDITORS

Amounts falling due within one year

7

44,961

76,883

NET CURRENT ASSETS

70,338

24,322

TOTAL ASSETS LESS CURRENT LIABILITIES

193,065

155,546

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

192,965

155,446

SHAREHOLDERS' FUNDS

193,065

155,546

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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 28 October 2025 and were signed on its behalf by:

T Ali - Director

Mrs R Fowler-Williams - Director

1.	STATUTORY INFORMATION

TR Eyes 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 0, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% 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.

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 6 (2024 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 March 2024

and 28 February 2025

148,000

AMORTISATION

At 1 March 2024

32,560

Amortisation for year

7,400

At 28 February 2025

39,960

NET BOOK VALUE

At 28 February 2025

108,040

At 29 February 2024

115,440

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 March 2024

65,074

1,724

66,798

Additions

1,495

-

1,495

At 28 February 2025

66,569

1,724

68,293

DEPRECIATION

At 1 March 2024

49,923

1,091

51,014

Charge for year

2,497

95

2,592

At 28 February 2025

52,420

1,186

53,606

NET BOOK VALUE

At 28 February 2025

14,149

538

14,687

At 29 February 2024

15,151

633

15,784

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade debtors

5,249

4,809

Other debtors

1,250

1,250

VAT

1,802

-

Prepayments

455

390

8,756

6,449

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade creditors

2,085

2,818

Tax

39,027

25,889

Social security and other taxes

(363

)

(1,224

)

VAT

-

145

Directors' current accounts

2,987

48,055

Accrued expenses

1,225

1,200

44,961

76,883

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.25

29.2.24

value:

£

£

100

Ordinary

£1

100

100

9.

RESERVES

Retained

earnings

£

At 1 March 2024

155,446

Profit for the year

113,899

Dividends

(76,380

)

At 28 February 2025

192,965