Takagi Ophthalmic Instruments Europe Limited

Registered number

05657718

Filleted Accounts

28 February 2026

Takagi Ophthalmic Instruments Europe Limited
Registered number:		05657718
Balance Sheet
as at 28 February 2026

Notes			2026			2025
£				£
Current assets
Stocks		1,000,100			647,988
Debtors	4	542,925			829,182
Cash at bank and in hand		828,410			621,294
		2,371,435			2,098,464

Creditors: amounts falling due within one year	5	(741,339)			(845,555)

Net current assets			1,630,096			1,252,909

Total assets less current liabilities			1,630,096			1,252,909


Provisions for liabilities			(1,977)			(2,103)


Net assets			1,628,119			1,250,806

Capital and reserves
Called up share capital			200,000			200,000
Profit and loss account			1,428,119			1,050,806

Shareholders' funds			1,628,119			1,250,806

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




M Sue
Director
Approved by the board on 12 May 2026

Takagi Ophthalmic Instruments Europe Limited
Notes to the Accounts
for the year ended 28 February 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Improvements to property			over the lease term
	Computer equipment			over 3 years
	Fixtures and fittings			over 4 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. 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 future taxable profits. Deferred tax is measured using the 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. All differences are charged to profit or loss.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					4		4


3	Tangible fixed assets
		Improvements to property		Fixtures and fittings		Computer equipment		Total
£			£		£		£
	Cost
	At 1 March 2025	54,646		14,405		30,912		99,963
	At 28 February 2026	54,646		14,405		30,912		99,963

	Depreciation
	At 1 March 2025	54,646		14,405		30,912		99,963
	At 28 February 2026	54,646		14,405		30,912		99,963

	Net book value
	At 28 February 2026	-		-		-		-


4	Debtors					2026		2025
£							£

	Trade debtors					525,787		804,105
	Other debtors					17,138		25,077
						542,925		829,182


5	Creditors: amounts falling due within one year					2026		2025
£							£

	Trade creditors					316,112		471,877
	Taxation and social security costs					186,032		136,621
	Other creditors					239,195		237,057
						741,339		845,555


6	Other information

	Takagi Ophthalmic Instruments Europe Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Citylabs (former Royal Eye Hospital Building)
	Nelson Street
	Manchester
	M13 9NQ