Opera Opera Opticians Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01833057 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

OPERA OPERA OPTICIANS LIMITED

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

Mr Arun Ahluwalia

Mrs Pravin Ahluwalia

Mr Anuj Ahluwalia

Mr Arjun Ahluwalia

SECRETARY:

Mrs Pravin Ahluwalia

REGISTERED OFFICE:

505 Pinner Road

Harrow

Middlesex

HA2 6EH

REGISTERED NUMBER:

01833057 (England and Wales)

ACCOUNTANTS:

Sterling Accounts Limited

t/a Sterling

Chartered Accountants

505 Pinner Road

Harrow

Middlesex

HA2 6EH

BANKERS:

HSBC

46 The Broadway

Ealing

London

W5 5JR

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Opera Opera Opticians Limited for the year ended 31 March 2026 which comprise the Profit and Loss Account, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Opera Opera Opticians Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Opera Opera Opticians Limited and state those matters that we have agreed to state to the Board of Directors of Opera Opera Opticians Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Opera Opera Opticians Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Opera Opera Opticians Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Opera Opera Opticians Limited. You consider that Opera Opera Opticians Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Opera Opera Opticians Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Sterling Accounts Limited

t/a Sterling

Chartered Accountants

505 Pinner Road

Harrow

Middlesex

HA2 6EH

17 August 2026

FIXED ASSETS

Tangible assets

4

44,048

50,684

CURRENT ASSETS

Stocks

5

10,871

10,797

Debtors

6

28,727

47,485

Cash at bank

377,339

345,272

416,937

403,554

CREDITORS

Amounts falling due within one year

7

7,660

7,553

NET CURRENT ASSETS

409,277

396,001

TOTAL ASSETS LESS CURRENT
LIABILITIES

453,325

446,685

PROVISIONS FOR LIABILITIES

7,581

8,750

NET ASSETS

445,744

437,935

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

445,644

437,835

SHAREHOLDERS' FUNDS

445,744

437,935

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

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

The directors acknowledge their 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 August 2026 and were signed on its behalf by:

Mr Arun Ahluwalia - Director

1.	STATUTORY INFORMATION

Opera Opera Opticians Limited 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 represents net invoiced sale of Spectacle frames and contact lenses, excluding value added tax. Turnover is recognised when the company has a right to consideration.

Tangible fixed assets

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

Long leasehold - 5% on cost

Fixtures & equipments - 15% on reducing balance

Computer equipment - 30% 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 Profit and Loss Account, 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 5 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Long

Fixtures

Motor

Computer

leasehold

& equipments

vehicles

equipment

Totals

£

COST

At 1 April 2025

55,000

298,906

10,335

45,672

409,913

Reclassification/transfer

-

(10,335

)

-

(10,335

)

At 31 March 2026

55,000

298,906

-

45,672

399,578

DEPRECIATION

At 1 April 2025

26,850

279,741

10,335

42,303

359,229

Charge for year

2,750

2,875

-

1,011

6,636

Reclassification/transfer

-

(10,335

)

-

(10,335

)

At 31 March 2026

29,600

282,616

-

43,314

355,530

NET BOOK VALUE

At 31 March 2026

25,400

16,290

-

2,358

44,048

At 31 March 2025

28,150

19,165

-

3,369

50,684

5.

STOCKS

2026

2025

£

Stocks

10,871

10,797

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

1,354

(91

)

Amounts owed by connected company

76

Other debtors

9,494

9,182

Directors' current accounts

13,493

38,318

Prepayments

4,310

-

28,727

47,485

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade creditors

931

2,627

Social security and other taxes

-

159

Other creditors

4,327

186

Wages control

-

179

Accrued expenses

2,402

4,402

7,660

7,553

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included within debtors amounts falling due within one year is a balance of £13,492 (2025: £38,318) due from a director of the company.

During the year the company paid dividends of £Nil (2025: £1,000) to the directors.

9.	RELATED PARTY DISCLOSURES

At the balance sheet date, amount owed by The Sunglass Shop Limited is £76 (2025: £76), a company in which Mr & Mrs Ahluwalia have beneficial interest. The amount owed is repayable on demand and interest free.