REGISTERED NUMBER: NI060989 (Northern Ireland)

CURRAN OPTOMETRISTS LTD

FINANCIAL STATEMENTS

FOR THE PERIOD

1 OCTOBER 2024 TO 28 FEBRUARY 2026

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTOR:

Mr B J Curran

SECRETARY:

Mrs P M Curran

REGISTERED OFFICE:

44 Market Street

OMAGH

Co. Tyrone

BT78 1EH

REGISTERED NUMBER:

NI060989 (Northern Ireland)

ACCOUNTANTS:

McAleer Jackson Ltd

Chartered Accountants

Church House

24 Dublin Road

OMAGH

Co. Tyrone

BT78 1HE

BANKERS:

Danske Bank

5-7 Market Street

OMAGH

Co. Tyrone

BT78 1BN

SOLICITORS:

Logan & Corry

Church House

24 Dublin Road

OMAGH

Co Tyrone

BT78 1HE

The following reproduces the text of the report prepared for the director 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 Director are not required to be filed with the Registrar of Companies.

In accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company for the period ended 28 February 2026 which comprise the Income Statement, Balance Sheet and the related notes from the accounting records and information and explanations you have given to us.

This report is made to the company's director, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the company's director that we have done so, and state those matters that we have agreed to state to him in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's director, for our work or for this report.

We have carried out this engagement in accordance with guidance issued by the Institute of Chartered Accountants in Ireland and have complied with the ethical guidance laid down by the Institute relating to members undertaking the compilation of financial statements.

You have acknowledged on the Balance Sheet as at 28 February 2026 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the period.

We have not been instructed to carry out an audit of the financial statements. 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 financial statements.

McAleer Jackson Ltd

Chartered Accountants

Church House

24 Dublin Road

OMAGH

Co. Tyrone

BT78 1HE

Date: .............................................

FIXED ASSETS

Intangible assets

4

-

31,250

Tangible assets

5

-

10,692

-

41,942

CURRENT ASSETS

Stocks

-

37,579

Debtors

6

252,852

14,867

Cash at bank and in hand

142,835

140,725

395,687

193,171

CREDITORS

Amounts falling due within one year

7

73,556

45,159

NET CURRENT ASSETS

322,131

148,012

TOTAL ASSETS LESS CURRENT LIABILITIES

322,131

189,954

CREDITORS

Amounts falling due after more than one year

8

-

(4,035

)

PROVISIONS FOR LIABILITIES

-

(2,833

)

NET ASSETS

322,131

183,086

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

322,031

182,986

SHAREHOLDERS' FUNDS

322,131

183,086

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2026 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 1 June 2026 and were signed by:

Mr B J Curran - Director

1.	STATUTORY INFORMATION

Curran Optometrists Ltd is a private company, limited by shares , registered in Northern Ireland. 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 break up basis as a resolution of the company was passed on 19 March 2026 that the company be wound up voluntarily.

The financial statements are prepared in sterling which is the functional currency of the Company.

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax.

Tangible fixed assets

Tangible fixed assets are stated at net realisable value.

Stocks

Stocks are valued at the likely net realisable value.

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.

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.

Debtors and creditors receivable/payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transactional price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 11 (2024 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 October 2024

300,000

Disposals

(300,000

)

At 28 February 2026

-

AMORTISATION

At 1 October 2024

268,750

Eliminated on disposal

(268,750

)

At 28 February 2026

-

NET BOOK VALUE

At 28 February 2026

-

At 30 September 2024

31,250

5.	TANGIBLE FIXED ASSETS

Plant &

equipment

£

COST

At 1 October 2024

123,790

Additions

3,643

Disposals

(127,433

)

At 28 February 2026

-

DEPRECIATION

At 1 October 2024

113,098

Eliminated on disposal

(113,098

)

At 28 February 2026

-

NET BOOK VALUE

At 28 February 2026

-

At 30 September 2024

10,692

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2024

£

£

Trade debtors

7,488

11,498

Other debtors

245,364

3,369

252,852

14,867

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2024

£

£

Bank loans and overdrafts

-

6,388

Trade creditors

15,710

19,818

Taxation and social security

32,275

13,926

Other creditors

25,571

5,027

73,556

45,159

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2024

£

£

Bank loans

-

4,035

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2024

£

£

Bank loans

-

10,423

Any bank borrowings arising are secured by :-

(a) a personal guarantee of the director which is supported by a mortgage on the premises owned by him; and

(b) a floating charge over the assets of Curran Optometrists Ltd.