REGISTERED NUMBER: 05516322 (England and Wales)

Unaudited Financial Statements

for the Period 1 January 2025 to 31 May 2025

for

Merlin Eyecare Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

I Hakim

P I Harries

SECRETARY:

REGISTERED OFFICE:

Unit 317 India Mill Business Centre

Darwen

BB3 1AE

REGISTERED NUMBER:

05516322 (England and Wales)

ACCOUNTANTS:

H02 Management

Unit 317 India Mill

Bolton Road

Darwen

BB3 1AE

FIXED ASSETS

Intangible assets

4

-

4,167

Tangible assets

5

4,029

4,492

4,029

8,659

CURRENT ASSETS

Stocks

21,736

25,306

Debtors

6

35,389

48,499

Cash at bank and in hand

9,223

21,034

66,348

94,839

CREDITORS

Amounts falling due within one year

7

53,914

77,659

NET CURRENT ASSETS

12,434

17,180

TOTAL ASSETS LESS CURRENT LIABILITIES

16,463

25,839

CREDITORS

Amounts falling due after more than one year

8

-

(4,167

)

PROVISIONS FOR LIABILITIES

(901

)

(900

)

NET ASSETS

15,562

20,772

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

15,560

20,770

15,562

20,772

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 August 2026 and were signed on its behalf by:

I Hakim - Director

1.	STATUTORY INFORMATION

Merlin Eyecare 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

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 period 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 period 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 May 2025

100,000

AMORTISATION

At 1 January 2025

95,833

Charge for period

4,167

At 31 May 2025

100,000

NET BOOK VALUE

At 31 May 2025

-

At 31 December 2024

4,167

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

and 31 May 2025

113,540

DEPRECIATION

At 1 January 2025

109,048

Charge for period

463

At 31 May 2025

109,511

NET BOOK VALUE

At 31 May 2025

4,029

At 31 December 2024

4,492

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.12.24

£

£

Trade debtors

33,982

47,718

Other debtors

1,407

781

35,389

48,499

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.12.24

£

£

Bank loans and overdrafts

-

18,178

Trade creditors

10,756

7,418

Taxation and social security

11,183

11,901

Other creditors

31,975

40,162

53,914

77,659

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.25

31.12.24

£

£

Bank loans

-

4,167