REGISTERED NUMBER: 04614885 (England and Wales)

Financial Statements

for the Period

29 October 2024 to 31 December 2025

for

Eye Exam Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M Z Prais

L P Atkinson

J Reichling

REGISTERED OFFICE:

Poppleton House

Rose Avenue

Nether Poppleton

York

YO26 6RU

REGISTERED NUMBER:

04614885 (England and Wales)

AUDITORS:

Kirk Newsholme

Chartered Accountants and Statutory Auditors

4315 Park Approach

Thorpe Park

Leeds

West Yorkshire

LS15 8GB

FIXED ASSETS

Tangible assets

4

824

1,736

CURRENT ASSETS

Debtors

5

584,674

7,777

Cash at bank

44,216

120,771

628,890

128,548

CREDITORS

Amounts falling due within one year

6

100,376

106,325

NET CURRENT ASSETS

528,514

22,223

TOTAL ASSETS LESS CURRENT LIABILITIES

529,338

23,959

CAPITAL AND RESERVES

Called up share capital

7

1,000

1,000

Retained earnings

528,338

22,959

SHAREHOLDERS' FUNDS

529,338

23,959

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 24 April 2026 and were signed on its behalf by:

L P Atkinson - Director

1.	STATUTORY INFORMATION

Eye Exam 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 UK and Republic of Ireland" and the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements have been prepared under the historical cost convention.

The functional and presentational currency of the company is considered to be pounds sterling.

Turnover

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

Revenue from the sale of services is recognised on the supply of the service to the customer. Where payments are received from customers in arrears of services provided, the amounts are recorded as accrued income and included as part of creditors due within one year.

Tangible fixed assets

Tangible fixed assets are stated at purchase cost together with any incidental expenses of acquisition, net of depreciation and any provision for impairment.

Depreciation is provided on all tangible assets at rates calculated to write off the cost less estimated residual value of each asset on a straight line basis over its expected useful life.

Plant, equipment, fixtures & fittings - 15% on cost

Residual value represents the estimated amount which would currently be obtained from disposal of an asset after deducting estimated costs of disposal, if the asset were already at an age and in the condition expected at the end of its estimated useful life.

The need for any fixed asset impairment write down is assessed by comparison of the carrying value of the assets against the higher of realisable value and value in use.

The gain or loss arising on the disposal of an asset is determined on the difference between the sale proceeds and the carrying value of the asset, and is recognised in the profit and loss account.

Taxation

Current tax, including UK corporation tax is provided at amounts expected to be paid (or recovered) using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Retirement benefits

The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company. The annual contributions payable are charged to the profit and loss account.

Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense.

Cash and cash equivalents

Cash and cash equivalents include deposits held at call with banks

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholder.

Financial instruments

Financial assets and financial liabilities are recognised when the company becomes a party to the contractual provisions of the instrument.

Financial liabilities and assets and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

All financial assets and liabilities are initially measured at transaction price (including transaction costs). If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

The following assets and liabilities are classified as basic financial instruments - trade debtors, other debtors, cash and bank balances, other creditors and inter-company balances.

Trade debtors, other debtors, cash and bank balances, other creditors and inter-company balances are measured at the amortised cost equivalent to the undiscounted amount of cash or other consideration expected to be paid or received.

Impairment of assets

Assets are assessed for indicators of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in profit and loss as described below.

Non financial assets

An asset is impaired when there is objective evidence that, as a result of one or more events that occurred after initial recognition, the estimated recoverable value of the asset has been reduced. The recoverable amount of an asset is the higher of its fair value less costs to sell and its value in use.

Financial assets

For financial assets carried at cost less impairment, the impairment loss is the difference between the asset's carrying amount and the best estimate of the amount that would be received for the asset if it were sold at the reporting date.

Where indicators exist for a decrease in impairment loss, and the decrease can be related objectively to an event occurring after the impairment was recognised, the prior impairment loss is tested to determine reversal. An impairment loss is reversed on an individual impaired financial asset to the extent that the revised recoverable value does not lead to a revised carrying amount higher than the carrying value had the impairment loss not been recognised.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 29 October 2024

3,771

Disposals

(2,556

)

At 31 December 2025

1,215

DEPRECIATION

At 29 October 2024

2,035

Charge for period

182

Eliminated on disposal

(1,826

)

At 31 December 2025

391

NET BOOK VALUE

At 31 December 2025

824

At 28 October 2024

1,736

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

64,648

939

Amounts owed by group undertakings

509,066

-

Other debtors

10,960

6,838

584,674

7,777

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

45,917

101,532

Other creditors

54,459

4,793

100,376

106,325

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1,000

Ordinary

£1

1,000

1,000

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Thomas Upton BA ACA (Senior Statutory Auditor)

for and on behalf of Kirk Newsholme

9.	PARENT COMPANY

The parent company is Eye Exam (Holdings) Limited, a company incorporated in England and Wales. The registered office of Eye Exam (Holdings) Limited is Poppleton House, Rose Avenue, Nether Poppleton, York, YO26 6RU.

The largest group, which includes the Company, and for which group financial statements are prepared is Evex HoldCo GmbH (formerly known as Evex AcquiCo GmbH).