COMPANY REGISTRATION NUMBER:
12133074
|
PRB OPHTHALMIC SERVICES LIMITED |
|
|
FILLETED UNAUDITED FINANCIAL STATEMENTS |
|
|
PRB OPHTHALMIC SERVICES LIMITED |
|
|
STATEMENT OF FINANCIAL POSITION |
|
31 May 2026
|
31 May 26 |
31 Jul 25 |
|
Note |
£ |
£ |
£ |
£ |
|
|
|
|
|
FIXED ASSETS
CURRENT ASSETS
|
Debtors |
6 |
66 |
|
821 |
|
|
Cash at bank and in hand |
20,133 |
|
35,454 |
|
|
-------- |
|
-------- |
|
|
20,199 |
|
36,275 |
|
|
|
|
|
|
|
|
CREDITORS: amounts falling due within one year |
7 |
17,584 |
|
31,277 |
|
|
-------- |
|
-------- |
|
|
NET CURRENT ASSETS |
|
2,615 |
|
4,998 |
|
|
------- |
|
------- |
|
TOTAL ASSETS LESS CURRENT LIABILITIES |
|
2,615 |
|
5,621 |
|
|
------- |
|
------- |
|
NET ASSETS |
|
2,615 |
|
5,621 |
|
|
------- |
|
------- |
|
|
|
|
|
|
CAPITAL AND RESERVES
|
Called up share capital |
|
100 |
|
100 |
|
Profit and loss account |
|
2,515 |
|
5,521 |
|
|
------- |
|
------- |
|
SHAREHOLDERS FUNDS |
|
2,615 |
|
5,621 |
|
|
------- |
|
------- |
|
|
|
|
|
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the period ending 31 May 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476
;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
|
PRB OPHTHALMIC SERVICES LIMITED |
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STATEMENT OF FINANCIAL POSITION (continued) |
|
31 May 2026
These financial statements were approved by the
board of directors
and authorised for issue on
29 July 2026
, and are signed on behalf of the board by:
|
Mr P R Baranyovits |
|
Director |
|
Company registration number:
12133074
|
PRB OPHTHALMIC SERVICES LIMITED |
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NOTES TO THE FINANCIAL STATEMENTS |
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PERIOD FROM 1 AUGUST 2025 TO 31 MAY 2026
1.
GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 6b Church Street, Burton Latimer, Kettering, Northants, NN15 5LU.
2.
STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered. In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
|
Office Equipment |
- |
25% reducing balance and 33 1/3% straight line |
|
|
|
|
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit and loss.
4.
EMPLOYEE NUMBERS
The average number of persons employed by the company during the period amounted to
2
(2025:
2
).
5.
TANGIBLE ASSETS
|
Office equipment |
|
£ |
|
Cost |
|
|
At 1 August 2025 |
4,809 |
|
Disposals |
(
4,809) |
|
------- |
|
At 31 May 2026 |
– |
|
------- |
|
Depreciation |
|
|
At 1 August 2025 |
4,186 |
|
Disposals |
(
4,186) |
|
------- |
|
At 31 May 2026 |
– |
|
------- |
|
Carrying amount |
|
|
At 31 May 2026 |
– |
|
------- |
|
At 31 July 2025 |
623 |
|
------- |
|
|
6.
DEBTORS
|
31 May 26 |
31 Jul 25 |
|
£ |
£ |
|
Trade debtors |
– |
755 |
|
Other debtors |
66 |
66 |
|
---- |
---- |
|
66 |
821 |
|
---- |
---- |
|
|
|
7.
CREDITORS:
amounts falling due within one year
|
31 May 26 |
31 Jul 25 |
|
£ |
£ |
|
Corporation tax |
14,625 |
27,363 |
|
Other creditors |
2,959 |
3,914 |
|
-------- |
-------- |
|
17,584 |
31,277 |
|
-------- |
-------- |
|
|
|