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Company Registration No. 06716972 (England and Wales)
Young Optical Ltd Unaudited accounts for the year ended 31 October 2025
Young Optical Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Young Optical Ltd Company Information for the year ended 31 October 2025
Director
Mr Charanjit Singh Uppal
Company Number
06716972 (England and Wales)
Registered Office
2 EXCHANGE STREET RETFORD NOTTINGHAMSHIRE DN22 6BL
Accountants
West Yorkshire Accountancy Services 4 Railway Street Huddersfield West Yorkshire HD1 1JP
- 3 -
Young Optical Ltd Statement of financial position as at 31 October 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
85,520 
85,520 
Tangible assets
5
48,915 
46,395 
134,435 
131,915 
Current assets
Inventories
- 
20,000 
Debtors
6
6,016 
1,392 
Cash at bank and in hand
2,746 
1,717 
8,762 
23,109 
Creditors: amounts falling due within one year
7
(5,623)
(2,220)
Net current assets
3,139 
20,889 
Total assets less current liabilities
137,574 
152,804 
Creditors: amounts falling due after more than one year
8
(50,506)
(65,389)
Net assets
87,068 
87,415 
Capital and reserves
Called up share capital
1 
1 
Fair value reserve
(1)
(7,298)
Profit and loss account
87,068 
94,712 
Shareholders' funds
87,068 
87,415 
For the 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. 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 20 May 2026 and were signed on its behalf by
Mr Charanjit Singh Uppal Director Company Registration No. 06716972
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Young Optical Ltd Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
Young Optical Ltd is a private company, limited by shares, registered in England and Wales, registration number 06716972. The registered office is 2 EXCHANGE STREET, RETFORD, NOTTINGHAMSHIRE, DN22 6BL.
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
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
25% reducing balance basis
Motor vehicles
25% reducing balance basis
Fixtures & fittings
15% reducing balance basis
Computer equipment
25% reducing balance basis
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 November 2024
85,520 
At 31 October 2025
85,520 
Amortisation
At 1 November 2024
- 
At 31 October 2025
- 
Net book value
At 31 October 2025
85,520 
At 31 October 2024
85,520 
- 5 -
Young Optical Ltd Notes to the Accounts for the year ended 31 October 2025
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 November 2024
3,407 
84,694 
23,633 
130,466 
242,200 
Additions
- 
18,553 
- 
- 
18,553 
At 31 October 2025
3,407 
103,247 
23,633 
130,466 
260,753 
Depreciation
At 1 November 2024
3,368 
52,260 
21,592 
118,585 
195,805 
Charge for the year
10 
12,747 
306 
2,970 
16,033 
At 31 October 2025
3,378 
65,007 
21,898 
121,555 
211,838 
Net book value
At 31 October 2025
29 
38,240 
1,735 
8,911 
48,915 
At 31 October 2024
39 
32,434 
2,041 
11,881 
46,395 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
3,133 
1,392 
Other debtors
2,883 
- 
6,016 
1,392 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Taxes and social security
5,623 
2,220 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
50,506 
65,389 
9
Average number of employees
During the year the average number of employees was 5 (2024: 5).
- 6 -