Eyeworks Group Limited - Filleted accounts

EYEWORKS GROUP LIMITED

UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED
30 SEPTEMBER 2025



































Company Registration Number: 16218559

EYEWORKS GROUP LIMITED

UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2025


CONTENTS									PAGES



Company information									1

Balance sheet									2

Notes to the financial statements									3 to 6

EYEWORKS GROUP LIMITED

COMPANY INFORMATION
FOR THE PERIOD ENDED 30 SEPTEMBER 2025


DIRECTORS

Mr J Denholm
appointed 30 January 2025
Mrs F Cuthbert
appointed 30 January 2025


SECRETARY

The company does not have an appointed secretary


REGISTERED OFFICE

54 North End
Longhaughton
Alnwick
Northumberland
NE66 3JP


COMPANY REGISTRATION NUMBER

16218559 England and Wales

EYEWORKS GROUP LIMITED

BALANCE SHEET
AS AT 30 SEPTEMBER 2025


		Notes	2025
			£

CURRENT ASSETS
Debtors		6	141,479
Cash at bank and in hand			290,133


			431,612

CREDITORS: Amounts falling due within one year		7	331,892
CREDITORS: Amounts falling due within one year


NET CURRENT ASSETS				99,720


NET ASSETS				99,720


CAPITAL AND RESERVES
Called up share capital				120
Distributable profit and loss account				99,600


SHAREHOLDER'S FUNDS				99,720


These accounts have been prepared and delivered in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A - small entities.

For the financial period ended 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

Members have not required the company to obtain an audit in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

As permitted by S444 (5A) of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's Profit and Loss Account or Directors' Report.


Signed on behalf of the board of directors



Mr J Denholm	Mrs F Cuthbert
Director	Director

Date approved by the board: 19 December 2025

EYEWORKS GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2025


1	GENERAL INFORMATION

	Eyeworks Group Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is:

	54 North End
	Longhaughton
	Alnwick
	Northumberland
	NE66 3JP

	The company was incorporated on 30 January 2025 and started to trade on 22 April 2025.

	The financial statements are presented in Sterling, which is the functional currency of the company.

2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

	Basis of preparation of financial statements

	These financial statements have been prepared in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 Section 1A smaller entities 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' ('FRS 102') and the Companies Act 2006.

	Revenue recognition

	Turnover is measured at the fair value of consideration received or receivable. It is recognised when the title of products supplied to customers has passed to the customer and is determined by invoice value. Turnover is stated net of trade discounts where applicable and value added tax.

	The company recognises revenue when the amount of revenue can be measured reliably and when it is probable that future economic benefits will flow to the entity.


2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)

	Financial Instruments

	A financial asset or financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

	The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

	Where investments in non-derivative financial instruments are publicly traded, or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value through the profit and loss account.

	Basic financial assets and financial liabilities are initially recognised at transaction price and measured at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction. They are subsequently carried at their amortised cost using the effective interest rate method, less any provision for impairment. If the effect of the time value of money is immaterial, they are measured at cost less impairment.

	Basic financial assets and liabilities which are measured at cost or amortised cost are reviewed for objective impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the profit and loss account immediately.

	Any reversals of impairment are recognised in the profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset or liability which exceeds what the carrying amount would have been had the impairment loss not previously been recognised.

	Financing transactions are measured at the present value of the future receipts discounted at a market rate of interest. They are subsequently measured at amortised costs using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.


	Debtors

	Short term debtors are measured at transaction price, less any impairment.

	Creditors

	Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and subsequently at amortised cost.
2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)

	Taxation

	Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.

	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods based on current tax rates and laws. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.

	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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 taxable profits.

	Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

	Current and deferred tax assets and liabilities are not discounted.

	Foreign currencies

	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction.

	Monetary assets and liabilities denominated in foreign currencies at the balance sheet date are translated at the rate of exchange prevailing at that date. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit or loss.


3	CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS

	No significant accounting estimates and judgements have had to be made by the directors in preparing these financial statements.

4	EMPLOYEES

	The average number of persons employed by the company (including directors) during the period was:

			2025
	Average number of employees		2


5	DEBTORS
			2025
			£
	Trade debtors		133,494
	Other debtors		7,985


			141,479


6	CREDITORS: Amounts falling due within one year
			2025
			£
	Trade creditors		293,146
	Taxation and social security		33,284
	Accruals and deferred income		4,377
	Other creditors		1,085


			331,892


7	RELATED PARTY TRANSACTIONS

	The company has claimed exemptions from reporting disclosure of related party transactions with the following wholly owned group members:

	Eyeworks Industries Limited	Fellow subsidiary

	During the period, the following transactions with related parties took place:

	J Denholm and F Cuthbert
	Directors		2025
			£
	Advances to company	The directors made advances to the company which are repayable on demand. No interest has been charged on these advances. At the period end, the company owed the directors the following amount:	130