REGISTERED NUMBER: 12404542 (England and Wales)

RANSOME OPTICAL LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JANUARY 2026

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mr J Lupton

REGISTERED OFFICE:

23 South End Road

London

London

NW3 2PT

REGISTERED NUMBER:

12404542 (England and Wales)

ACCOUNTANTS:

Carston ETL

Tudor House

16 Cathedral Road

Cardiff

CF11 9LJ

FIXED ASSETS

Intangible assets

4

183,243

197,338

Tangible assets

5

862

885

184,105

198,223

CURRENT ASSETS

Debtors

6

18,539

11,500

Cash at bank

56,608

18,109

75,147

29,609

CREDITORS

Amounts falling due within one year

7

30,616

13,818

NET CURRENT ASSETS

44,531

15,791

TOTAL ASSETS LESS CURRENT LIABILITIES

228,636

214,014

CREDITORS

Amounts falling due after more than one year

8

220,111

242,108

NET ASSETS/(LIABILITIES)

8,525

(28,094

)

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

8,425

(28,194

)

SHAREHOLDERS' FUNDS

8,525

(28,094

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 27th May 2026 and were signed by:

Mr J Lupton - Director

1.	STATUTORY INFORMATION

Ransome Optical 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 2025, is being amortised evenly over its estimated useful life of fifteen years.

Tangible fixed assets

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

Equipment

-

25% straight line on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

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 1 (2025 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st February 2025

and 31st January 2026

211,434

AMORTISATION

At 1st February 2025

14,096

Amortisation for year

14,095

At 31st January 2026

28,191

NET BOOK VALUE

At 31st January 2026

183,243

At 31st January 2025

197,338

5.	TANGIBLE FIXED ASSETS

Equipment

£

COST

At 1st February 2025

1,994

Additions

363

At 31st January 2026

2,357

DEPRECIATION

At 1st February 2025

1,109

Charge for year

386

At 31st January 2026

1,495

NET BOOK VALUE

At 31st January 2026

862

At 31st January 2025

885

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

8,071

1,500

Other debtors

10,468

10,000

18,539

11,500

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

13,628

5,259

Taxation and social security

15,213

1,447

Other creditors

1,775

7,112

30,616

13,818

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

145,111

167,108

Other creditors

75,000

75,000

220,111

242,108

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

Ordinary

£1

100

100