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Registration number: 11999730

Chase Eyewear Ltd
Unaudited Filleted Financial Statements
for the Year Ended 31 October 2025

Chase Eyewear Ltd

Contents

Balance Sheet | 1 to 2
Notes to the Unaudited Financial Statements | 3 to 7

Chase Eyewear Ltd

(Registration number: 11999730)
Balance Sheet as at 31 October 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Intangible assets | 4 | 63,335 | 72,383
Tangible assets | 5 | 116,336 | 98,867
|  | 179,671 | 171,250
Current assets |  |  |
Stocks | 6 | 30,152 | 27,234
Debtors | 7 | 32,786 | 25,145
Cash at bank and in hand |  | 31,332 | 24,396
|  | 94,270 | 76,775
Creditors: Amounts falling due within one year | 8 | (114,058) | (58,664)
Net current (liabilities)/assets |  | (19,788) | 18,111
Total assets less current liabilities |  | 159,883 | 189,361
Creditors: Amounts falling due after more than one year | 8 | (100,557) | (138,065)
Provisions for liabilities |  | (29,084) | (24,717)
Net assets |  | 30,242 | 26,579
Capital and reserves |  |  |
Called up share capital |  | 205 | 205
Retained earnings |  | 30,037 | 26,374
Shareholders' funds |  | 30,242 | 26,579

Chase Eyewear Ltd

(Registration number: 11999730)
Balance Sheet as at 31 October 2025

For the financial year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 8 July 2026

......................................... Mrs Sonia Talwar Director

Chase Eyewear Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

1 | General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
4 Mulberry Walk
302 Lichfield Road
Sutton Coldfield
West Midlands
B74 2UG
England

These financial statements were authorised for issue by the director on 8 July 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Chase Eyewear Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Shop Refit | 10 Years Straight Line
Fixures & Fittings | 20% Straight Line
Office Equipment | 20% Straight Line
Plant & Machinery | 20% Straight Line

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Franchise Agreement | 10 Years Straight Line

Chase Eyewear Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 9 (2024 - 7).

Chase Eyewear Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

4 | Intangible assets

| Goodwill £ | Total £
Cost or valuation
At 1 November 2024 | 90,479 | 90,479
At 31 October 2025 | 90,479 | 90,479
Amortisation
At 1 November 2024 | 18,096 | 18,096
Amortisation charge | 9,048 | 9,048
At 31 October 2025 | 27,144 | 27,144
Carrying amount
At 31 October 2025 | 63,335 | 63,335
At 31 October 2024 | 72,383 | 72,383

5 | Tangible assets

| Furniture, fittings and equipment £ | Shop Refit £ | Other tangible assets £ | Total £
Cost or valuation
At 1 November 2024 | 71,319 | 75,707 | 15,438 | 162,464
Additions | 1,358 | - | 51,846 | 53,204
At 31 October 2025 | 72,677 | 75,707 | 67,284 | 215,668
Depreciation
At 1 November 2024 | 39,913 | 20,006 | 3,678 | 63,597
Charge for the year | 14,708 | 7,570 | 13,457 | 35,735
At 31 October 2025 | 54,621 | 27,576 | 17,135 | 99,332
Carrying amount
At 31 October 2025 | 18,056 | 48,131 | 50,149 | 116,336
At 31 October 2024 | 31,406 | 55,701 | 11,760 | 98,867

6 | Stocks

| 2025 £ | 2024 £
Finished goods and goods for resale | 30,152 | 27,234

Chase Eyewear Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

7 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 26,061 | 21,277
Prepayments | 2,492 | 1,228
Other debtors | 4,233 | 2,640
| 32,786 | 25,145

8 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings |  | - | 9,634
Trade creditors |  | 94,026 | 26,848
Amounts owed to group undertakings and undertakings in which the company has a participating interest |  | 13,884 | 10,603
Taxation and social security |  | 4,285 | 5,815
Accruals and deferred income |  | 998 | 4,989
Other creditors |  | 865 | 775
|  | 114,058 | 58,664

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings |  | - | 5,008
Other financial liabilities |  | 100,557 | 133,057
|  | 100,557 | 138,065