Emporium Eyewear Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04322301 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

EMPORIUM EYEWEAR LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

I J Cohen

M Cooperman

Ms S M Illes

REGISTERED OFFICE:

3 Parr Road

Stanmore

Middlesex

HA7 1NP

REGISTERED NUMBER:

04322301 (England and Wales)

ACCOUNTANTS:

Melinek Fine LLP

Chartered Accountants

First Floor, Winston House

349 Regents Park Road

London

N3 1DH

FIXED ASSETS

Tangible assets

4

78,137

89,421

Investments

5

106,289

144,854

184,426

234,275

CURRENT ASSETS

Stocks

926,028

960,890

Debtors

6

1,056,275

1,199,205

Cash at bank and in hand

398,770

1,080,127

2,381,073

3,240,222

CREDITORS

Amounts falling due within one year

7

408,771

430,028

NET CURRENT ASSETS

1,972,302

2,810,194

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,156,728

3,044,469

PROVISIONS FOR LIABILITIES

1,753

5,410

NET ASSETS

2,154,975

3,039,059

CAPITAL AND RESERVES

Called up share capital

200

Share premium

1,999

Profit and loss account

2,152,776

3,036,860

2,154,975

3,039,059

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 22 September 2026 and were signed on its behalf by:

M Cooperman - Director

1.	STATUTORY INFORMATION

Emporium Eyewear 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" 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.

Tangible fixed assets

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

Long leasehold

-

10% on cost

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year 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 year 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 year was 17 (2024 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Long

and

Motor

Computer

leasehold

fittings

vehicles

equipment

Totals

£

COST

At 1 January 2025

61,557

142,037

41,488

82,092

327,174

Additions

-

691

13,650

8,206

22,547

Disposals

-

(15,000

)

-

(15,000

)

At 31 December 2025

61,557

142,728

40,138

90,298

334,721

DEPRECIATION

At 1 January 2025

36,935

120,104

15,118

65,596

237,753

Charge for year

6,156

5,656

7,288

6,175

25,275

Eliminated on disposal

-

(6,444

)

-

(6,444

)

At 31 December 2025

43,091

125,760

15,962

71,771

256,584

NET BOOK VALUE

At 31 December 2025

18,466

16,968

24,176

18,527

78,137

At 31 December 2024

24,622

21,933

26,370

16,496

89,421

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 January 2025

144,854

Disposals

(37,759

)

Revaluations

(806

)

At 31 December 2025

106,289

NET BOOK VALUE

At 31 December 2025

106,289

At 31 December 2024

144,854

Cost or valuation at 31 December 2025 is represented by:

Other

investments

£

Valuation in 2023

714

Valuation in 2024

308

Valuation in 2025

806

Cost

104,461

106,289

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

795,994

882,033

Other debtors

233,365

299,820

Directors' current accounts

-

2,300

Prepayments and accrued income

26,916

15,052

1,056,275

1,199,205

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

16,575

57,766

Tax

228,383

202,241

Social security and other taxes

12,611

11,824

VAT

143,579

145,782

Other creditors

86

Directors' current accounts

-

3,301

Accruals and deferred income

7,537

9,028

408,771

430,028

8.	RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed an amount of £NIL (2024: £1,001) to the directors. The amount was interest free & repayable on demand.