REGISTERED NUMBER: 06101398 (England and Wales)

Financial Statements

for the Year Ended

31 December 2025

for

Eyecare Payments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

L P Atkinson

J Reichling

REGISTERED OFFICE:

Poppleton House

Rose Avenue

Nether Poppleton

York

YO26 6RU

REGISTERED NUMBER:

06101398 (England and Wales)

AUDITORS:

Kirk Newsholme

Chartered Accountants and Statutory Auditors

4315 Park Approach

Thorpe Park

Leeds

West Yorkshire

LS15 8GB

CURRENT ASSETS

Debtors

4

1,694,491

1,475,583

Cash at bank

556,772

610,033

2,251,263

2,085,616

CREDITORS

Amounts falling due within one year

5

526,385

618,912

NET CURRENT ASSETS

1,724,878

1,466,704

TOTAL ASSETS LESS CURRENT LIABILITIES

1,724,878

1,466,704

CAPITAL AND RESERVES

Called up share capital

6

1,000

1,000

Retained earnings

1,723,878

1,465,704

SHAREHOLDERS' FUNDS

1,724,878

1,466,704

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

Eyecare Payments 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" 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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned companies within the group.

Turnover

Turnover comprises revenue recognised by the company in respect of direct debit collection services supplied during the year, exclusive of Value Added Tax. Agency commission's are recognised on receipt of the transactions.

Client monies

The company acts as an agent in providing a direct debit collection bureau service.

The company has therefore followed generally accepted accounting practice, whereby assets and liabilities may not be offset unless net settlement is legally enforceable. As such creditors and cash balances relating to the agent services undertaken by the company are shown gross as assets and liabilities of the company itself.

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.

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 - other debtors, cash and bank balances, other creditors and inter-company balances and 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.

For financial assets carried at amortised cost, the amount of an impairment is the difference between the asset's carrying amount and the present value of estimated cash flows, discounted at the financial asset's original effective interest rate.

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 year was NIL (2024 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

1,607,524

1,452,924

Other debtors

86,967

22,659

1,694,491

1,475,583

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

34,509

66,684

Other creditors

491,876

552,228

526,385

618,912

6.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2025

2024

value:

£

£

1,000

Ordinary shares

£1

1,000

1,000

7.	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

8.	CONTINGENT LIABILITIES

In conjunction with other companies in the group the company has entered into a debenture, including a fixed and floating charge, to secure borrowings of a parent undertaking. At 31 December 2025 these borrowings amounted to £32,885,096 (2024 - £31,165,112).

9.	PARENT COMPANY

The Company's immediate parent company is Optix (Group) Limited, a company registered in England and Wales and that prepares group financial statements which includes the Company. The registered office of Optix (Group) 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).