REGISTERED NUMBER: 13891074 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2026

for

Hertford Optometry Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Ms Sara Dos Santos Maio

Mr James John Phillips

REGISTERED OFFICE:

73 Railway Street

Hertford

Hertfordshire

SG14 1RP

REGISTERED NUMBER:

13891074 (England and Wales)

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

10,852

13,844

10,852

13,844

CURRENT ASSETS

Stocks

8,497

8,406

Debtors

6

15,229

9,946

Cash at bank and in hand

15,119

20,768

38,845

39,120

CREDITORS

Amounts falling due within one year

7

43,735

45,556

NET CURRENT LIABILITIES

(4,890

)

(6,436

)

TOTAL ASSETS LESS CURRENT LIABILITIES

5,962

7,408

PROVISIONS FOR LIABILITIES

378

576

NET ASSETS

5,584

6,832

CAPITAL AND RESERVES

Called up share capital

8

2

2

Retained earnings

5,582

6,830

SHAREHOLDERS' FUNDS

5,584

6,832

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 October 2026 and were signed on its behalf by:

Ms Sara Dos Santos Maio - Director

1.	STATUTORY INFORMATION

Hertford Optometry 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.

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 customer list and business assets in 2023 and has been fully written off.

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.

Short leasehold

-

20% on cost

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% 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 Statement of Income and Retained Earnings, 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.

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.

Going concern

The balance sheet shows net current liabilities. The directors have pledged their ongoing support, and as such the financial statements have been prepared on a going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2025 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 March 2025

and 28 February 2026

1

AMORTISATION

At 1 March 2025

and 28 February 2026

1

NET BOOK VALUE

At 28 February 2026

-

At 28 February 2025

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

Computer

leasehold

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 March 2025

1,443

17,762

7,185

3,060

29,450

Additions

-

-

710

3,238

3,948

Disposals

-

(7,417

)

-

-

(7,417

)

At 28 February 2026

1,443

10,345

7,895

6,298

25,981

DEPRECIATION

At 1 March 2025

866

9,299

4,034

1,407

15,606

Charge for year

289

1,334

965

1,223

3,811

Eliminated on disposal

-

(4,288

)

-

-

(4,288

)

At 28 February 2026

1,155

6,345

4,999

2,630

15,129

NET BOOK VALUE

At 28 February 2026

288

4,000

2,896

3,668

10,852

At 28 February 2025

577

8,463

3,151

1,653

13,844

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

12,921

7,821

Other debtors

2,308

2,125

15,229

9,946

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

12,308

12,872

Taxation and social security

3,927

1,210

Other creditors

27,500

31,474

43,735

45,556

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

2

Ordinary

£1

2

2

9.	RELATED PARTY DISCLOSURES

Ms Sara Dos Santos Maio

Director

2026

2025

£

£

Amount due to related party at the balance sheet date

24,032

17,836

Mr James John Phillips

Director

2026

2025

£

£

Amount due to related party at the balance sheet date

1,038

538

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr J Phillips and Ms S Dos Santos Maio acting together in concert.