REGISTERED NUMBER: 03477210 (England and Wales)

Financial Statements for the Year Ended 30 June 2025

for

Sight Designs Ltd.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

B M Harper

SECRETARY:

B M Harper

REGISTERED OFFICE:

Wunderground

253 West Malvern Road

Malvern

Worcestershire

WR14 4BE

REGISTERED NUMBER:

03477210 (England and Wales)

ACCOUNTANTS:

Boyds Accountants

Britannia Court

5 Moor Street

Worcester

Worcestershire

WR1 3DB

FIXED ASSETS

Tangible assets

4

1

1

CURRENT ASSETS

Stocks

5

18,900

19,600

Debtors

6

21,137

20,549

Cash at bank

13,375

15,147

53,412

55,296

CREDITORS

Amounts falling due within one year

7

93,281

133,342

NET CURRENT LIABILITIES

(39,869

)

(78,046

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(39,868

)

(78,045

)

CAPITAL AND RESERVES

Called up share capital

8

10

10

Retained earnings

9

(39,878

)

(78,055

)

SHAREHOLDERS' FUNDS

(39,868

)

(78,045

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 May 2026 and were signed by:

B M Harper - Director

1.	STATUTORY INFORMATION

Sight Designs 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.

Tangible fixed assets

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

Computer equipment

-

33% 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 July 2024

and 30 June 2025

1,403

DEPRECIATION

At 1 July 2024

and 30 June 2025

1,402

NET BOOK VALUE

At 30 June 2025

1

At 30 June 2024

1

5.

STOCKS

30.6.25

30.6.24

£

£

Stocks

18,900

19,600

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Trade debtors

20,056

20,056

Taxation and social security

336

336

VAT

726

138

Deferred tax asset

19

19

21,137

20,549

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Bank loans and overdrafts

9,794

14,140

Trade creditors

22,851

26,143

Amounts owed to associates

39,606

36,423

Tax

56

56

Directors' current accounts

17,887

55,826

Accruals and deferred income

750

754

Accrued expenses

2,337

-

93,281

133,342

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.25

30.6.24

value:

£

£

10

Ordinary

£1

10

10

9.

RESERVES

Retained

earnings

£

At 1 July 2024

(78,055

)

Profit for the year

38,177

At 30 June 2025

(39,878

)

10.	ULTIMATE CONTROLLING PARTY

The controlling party is B M Harper.