Shevington Eyecare Limited - Filleted accounts

Shevington Eyecare Limited
Registered number:		12944912
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		42,640			-

Current assets
Debtors	4	2,100			-
Cash at bank and in hand		21,513			17,319
		23,613			17,319

Creditors: amounts falling due within one year	5	(42,542)			(13,404)

Net current (liabilities)/assets			(18,929)			3,915

Total assets less current liabilities			23,711			3,915

Creditors: amounts falling due after more than one year	6		(23,423)			(1,853)


Net assets			288			2,062

Capital and reserves
Called up share capital			100			100
Profit and loss account			188			1,962

Shareholders' funds			288			2,062

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Musab Patel
Director
Approved by the board on 7 September 2026

Shevington Eyecare Limited
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	Over 5 years
	Fixtures & Fittings	Over 5 years

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			5		2


3	Tangible fixed assets
		Plant & Machinery		Fixtures & Fittings		Total
£			£		£
	Cost
	At 1 April 2025	22,842		745		23,587
	Additions	-		52,000		52,000
	At 31 March 2026	22,842		52,745		75,587

	Depreciation
	At 1 April 2025	22,842		745		23,587
	Charge for the year	-		9,360		9,360
	At 31 March 2026	22,842		10,105		32,947

	Net book value
	At 31 March 2026	-		42,640		42,640


4	Debtors			2026		2025
£					£

	Other debtors			2,100		-


5	Creditors: amounts falling due within one year			2026		2025
£					£


	Accruals			39,000		39,000
	Other creditors < 1 year			40,393		10,000
	Director's account			(9,897)		-
	Other taxes and social security costs			(2,042)		127
	Holding company dividend account			(34,232)		(60,795)
	Corporation tax			169		21,895
	Obligations under finance lease and hire purchase contracts			9,151		3,177
				42,542		13,404


6	Creditors: amounts falling due after one year			2026		2025
£					£

	Obligations under finance lease and hire purchase contracts			23,423		1,853


7	Profit and loss account			2026
£

	At 1 April 2025			1,962
	Profit for the year			43,226
	Dividends			(45,000)
	At 31 March 2026			188


8	Dividends			2026		2025
£					£

	Dividends for which the company became liable during the year:
	Dividends paid			45,000		60,000
				45,000		60,000


9	Related party transactions

	Included within the creditors at the year end is £9,897 (2025: NIL) due from Mr M Patel. During the period the company paid £47,923 of expenses on behalf of the directors and the directors introduced £38,026.


10	Controlling party

	The ultimate controlling party is the parent company MH2 Optics Ltd.


11	Other information

	Shevington Eyecare Limited is a private company limited by shares and incorporated in England. Its registered office is:
	11a Greenmount Lane
	Bolton
	Lancashire
	BL1 5JE