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Company Registration No. SC425005 (Scotland)
Glasgow Eyecare Ltd Unaudited accounts for the year ended 31 March 2026
Glasgow Eyecare Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Glasgow Eyecare Ltd Company Information for the year ended 31 March 2026
Director
Dr. Abdul Rahid
Company Number
SC425005 (Scotland)
Registered Office
10 CHEVIOT ROAD GLASGOW G43 2AN UK
Accountants
SK and Co 3rd Floor, St. Georges Building 5 St. Vincent Place Glasgow G1 2DH
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Glasgow Eyecare Ltd Statement of financial position as at 31 March 2026
2026 
2025 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
- 
2,035 
Current assets
Inventories
- 
7,481 
Debtors
5
- 
3,835 
Cash at bank and in hand
- 
2,535 
- 
13,851 
Creditors: amounts falling due within one year
6
(71,876)
(72,263)
Net current liabilities
(71,876)
(58,412)
Net liabilities
(71,876)
(56,377)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(71,976)
(56,477)
Shareholders' funds
(71,876)
(56,377)
For the year ending 31 March 2026 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 12 May 2026 and were signed on its behalf by
Dr. Abdul Rahid Director Company Registration No. SC425005
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Glasgow Eyecare Ltd Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
Glasgow Eyecare Ltd is a private company, limited by shares, registered in Scotland, registration number SC425005. The registered office is 10 CHEVIOT ROAD, GLASGOW, G43 2AN, UK.
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 – cessation of trading
The financial statements have been prepared on the basis that the company ceased trading on 31 March 2026. From that date, the company has not carried out any trading activities and its financial position reflects the winding down of its operations. All assets and liabilities have been appropriately accounted for at the cessation date. As at the reporting date, the company is no longer a going concern due to the cessation of trading. Accordingly, the financial statements have not been prepared on a going concern basis. All remaining balances have been settled, transferred, or appropriately disclosed, including any balances due to or from the directors, which have been recognised within directors’ loan accounts where applicable.
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:
Plant & machinery
over 12 years on Straight Line
Fixtures & fittings
@ 15% on reducing balance
Going concern
The directors have concluded that the company is no longer a going concern due to the cessation of trading on 31 March 2026. Accordingly, the financial statements have not been prepared on a going concern basis.
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Glasgow Eyecare Ltd Notes to the Accounts for the year ended 31 March 2026
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2025
22,425 
16,140 
38,565 
Disposals
- 
(16,140)
(16,140)
At 31 March 2026
22,425 
- 
22,425 
Depreciation
At 1 April 2025
22,425 
14,105 
36,530 
On disposals
- 
(14,105)
(14,105)
At 31 March 2026
22,425 
- 
22,425 
Net book value
At 31 March 2026
- 
- 
- 
At 31 March 2025
- 
2,035 
2,035 
5
Debtors
2026 
2025 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
2,835 
Other debtors
- 
1,000 
- 
3,835 
6
Creditors: amounts falling due within one year
2026 
2025 
£ 
£ 
Trade creditors
- 
1,794 
Taxes and social security
- 
102 
Loans from directors
71,876 
70,367 
71,876 
72,263 
7
Average number of employees
During the year the average number of employees was 2 (2025: 2).
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