REGISTERED NUMBER: 06665407 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

BUCHANAN OPTOMETRISTS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A S Buchanan

SECRETARY:

Mrs K M Buchanan

REGISTERED OFFICE:

Charlton House

Dour Street

DOVER

Kent

CT16 1BL

REGISTERED NUMBER:

06665407 (England and Wales)

ACCOUNTANTS:

McCabe Ford Williams

Chartered Accountants

Charlton House

Dour Street

DOVER

Kent

CT16 1BL

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

197,427

154,487

197,427

154,487

CURRENT ASSETS

Stocks

6

60,000

60,000

Debtors

7

215,181

192,484

Cash at bank and in hand

44,996

51,679

320,177

304,163

CREDITORS

Amounts falling due within one year

8

183,143

112,315

NET CURRENT ASSETS

137,034

191,848

TOTAL ASSETS LESS CURRENT LIABILITIES

334,461

346,335

CREDITORS

Amounts falling due after more than one year

9

(89,015

)

(38,325

)

PROVISIONS FOR LIABILITIES

(18,455

)

(22,859

)

NET ASSETS

226,991

285,151

CAPITAL AND RESERVES

Called up share capital

10

2

2

Retained earnings

226,989

285,149

SHAREHOLDERS' FUNDS

226,991

285,151

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 27 August 2026 and were signed by:

A S Buchanan - Director

1.	STATUTORY INFORMATION

Buchanan Optometrists Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

The company's principal place of business is 56 Malling Road, Snodland, Kent, ME6 5NB.

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 sales of goods and services excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2008, has been amortised over its estimated useful life of ten years.

Tangible fixed assets

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

Improvements to property

-

2% on cost

Fixtures, fittings and equipment

-

20% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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 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 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.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 December 2024

and 30 November 2025

6,132

AMORTISATION

At 1 December 2024

and 30 November 2025

6,132

NET BOOK VALUE

At 30 November 2025

-

At 30 November 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures,

Improvements

fittings

to

and

Motor

Computer

property

equipment

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 December 2024

72,044

266,619

68,810

81,587

489,060

Additions

-

82,233

-

467

82,700

At 30 November 2025

72,044

348,852

68,810

82,054

571,760

DEPRECIATION

At 1 December 2024

8,994

207,887

39,781

77,911

334,573

Charge for year

1,441

27,831

7,257

3,231

39,760

At 30 November 2025

10,435

235,718

47,038

81,142

374,333

NET BOOK VALUE

At 30 November 2025

61,609

113,134

21,772

912

197,427

At 30 November 2024

63,050

58,732

29,029

3,676

154,487

6.

STOCKS

2025

2024

£

£

Stocks

60,000

60,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

41,570

27,373

Other debtors

165,348

157,941

Prepayments and accrued income

8,263

7,170

215,181

192,484

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,000

10,000

Hire purchase contracts

13,710

3,967

Trade creditors

35,667

10,444

Tax

78,508

59,891

Social security and other taxes

2,800

5,246

Other creditors

42,192

22,667

Director's current account

266

100

183,143

112,315

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

-

10,000

Hire purchase contracts

89,015

28,325

89,015

38,325

Amounts falling due in more than five years:

Repayable by instalments

Hire purchase

22,143

-

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary

£1

2

2

11.	OPERATING LEASE COMMITMENTS

The company has future operating lease commitments totalling £120,833 (2024 - £145,833).