REGISTERED NUMBER: 16139482 (England and Wales)

Unaudited Financial Statements

for the Period 17 December 2024 to 28 February 2026

for

Barry Eyecare Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr T J Hayward

REGISTERED OFFICE:

Second Floor

123 Promenade

Cheltenham

Gloucestershire

GL50 1NW

REGISTERED NUMBER:

16139482 (England and Wales)

ACCOUNTANTS:

Francis & Co

Second Floor

123 Promenade

Cheltenham

Gloucestershire

GL50 1NW

FIXED ASSETS

Intangible assets

4

112,500

Tangible assets

5

240,673

353,173

CURRENT ASSETS

Stocks

5,366

Debtors

6

5,801

Cash at bank

109,405

120,572

CREDITORS

Amounts falling due within one year

7

150,796

NET CURRENT LIABILITIES

(30,224

)

TOTAL ASSETS LESS CURRENT LIABILITIES

322,949

CREDITORS

Amounts falling due after more than one year

8

308,989

NET ASSETS

13,960

CAPITAL AND RESERVES

Called up share capital

100

Revaluation reserve

30,000

Retained earnings

(16,140

)

SHAREHOLDERS' FUNDS

13,960

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 15 September 2026 and were signed by:

Mr T J Hayward - Director

1.	STATUTORY INFORMATION

Barry Eyecare 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.

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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2025, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery etc

-

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.

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 period was 4 .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

Additions

125,000

At 28 February 2026

125,000

AMORTISATION

Charge for period

12,500

At 28 February 2026

12,500

NET BOOK VALUE

At 28 February 2026

112,500

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST OR VALUATION

Additions

210,000

1,009

211,009

Revaluations

30,000

-

30,000

At 28 February 2026

240,000

1,009

241,009

DEPRECIATION

Charge for period

-

336

336

At 28 February 2026

-

336

336

NET BOOK VALUE

At 28 February 2026

240,000

673

240,673

Cost or valuation at 28 February 2026 is represented by:

Land and

buildings

£

Valuation in 2026

30,000

Cost

210,000

240,000

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

£

Cost

210,000

Value of land in freehold land and buildings

210,000

Freehold land and buildings were valued on an open market basis on 31 May 2026 by the directors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

444

Other debtors

5,357

5,801

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Bank loans and overdrafts

26,785

Trade creditors

10,007

Amounts owed to group undertakings

89,725

Other creditors

24,279

150,796

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Bank loans

308,989