REGISTERED NUMBER: 03909462 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 January 2026

for

Eleutheria + Vision Ltd.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

K Myers

Ms V Kemp

SECRETARY:

K Myers

REGISTERED OFFICE:

6 Lichfield Street

Burton-on-Trent

Staffordshire

DE14 3RD

REGISTERED NUMBER:

03909462 (England and Wales)

ACCOUNTANTS:

Bourne & Co

Chartered Accountants

6 Lichfield Street

Burton-on-Trent

Staffordshire

DE14 3RD

FIXED ASSETS

Tangible assets

4

4,848

6,459

Investment property

5

1,017,000

1,050,000

1,021,848

1,056,459

CURRENT ASSETS

Debtors

6

-

1,806

Cash at bank

217

7,137

217

8,943

CREDITORS

Amounts falling due within one year

7

299,361

293,050

NET CURRENT LIABILITIES

(299,144

)

(284,107

)

TOTAL ASSETS LESS CURRENT LIABILITIES

722,704

772,352

CREDITORS

Amounts falling due after more than one year

8

(219,064

)

(219,069

)

PROVISIONS FOR LIABILITIES

(14,108

)

(26,229

)

NET ASSETS

489,532

527,054

CAPITAL AND RESERVES

Called up share capital

10

101

101

Non distributable reserve

11

159,879

184,629

Retained earnings

11

329,552

342,324

SHAREHOLDERS' FUNDS

489,532

527,054

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 October 2026 and were signed on its behalf by:

K Myers - Director

1.	STATUTORY INFORMATION

Eleutheria + Vision 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Tangible fixed assets

Depreciation is provided on all tangible fixed assets, other than freehold land and buildings, at rates calculated to write off the depreciated replacement cost of each asset evenly over its expected useful life as follows:

- Fixtures and fittings - 25% reducing balance

Provision for the depreciation of freehold land and buildings in accordance with the Companies Act 2006 and with Financial Reporting Standard 102 is not considered to be necessary due to high residual values and the company's policy to maintain its land and property in good condition, therefore prolonging the useful life of the property. Any depreciation charge arising would be immaterial. In addition an annual impairment review is carried out by the director to support the validity of applying such an accounting policy.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

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.

Debtors

Short term debtors are measured at transaction price less any impairment. Any losses arising from impairment are recognised in profit or loss.

Creditors

Short term creditors are measured at transaction price less any impairment. Any losses arising from impairment are recognised in profit or loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 February 2025

and 31 January 2026

19,854

DEPRECIATION

At 1 February 2025

13,395

Charge for year

1,611

At 31 January 2026

15,006

NET BOOK VALUE

At 31 January 2026

4,848

At 31 January 2025

6,459

5.	INVESTMENT PROPERTY

Investment property held for letting under operating leases had an open market value of £1,017,000

(2025: £1,050,000).

The investment properties were valued by the director on 31 January 2026 (and 2025) using an open market basis.

The comparable historic cost of the investment property at 31 January 2026 is £830,394 (2025: £830,394).

Fair value at 31 January 2026 is represented by:

£

Valuation in 2026

(33,000

)

Valuation in 2025

(217,000

)

Valuation in 2024

257,436

Valuation in 2019

43,000

Valuation in 2017

30,000

Valuation in 2016

25,000

Valuation in 2015

25,000

Valuation in 2014

20,000

Valuation in 2013

20,000

Valuation in 2012

16,171

Cost

830,393

1,017,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Prepayments

-

1,806

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Trade creditors

197,729

200,000

Other creditors

6,173

4,615

Directors' current accounts

92,099

85,248

Accrued expenses

3,360

3,187

299,361

293,050

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.26

31.1.25

£

£

Bank loans more 5 yrs non-inst

219,064

219,069

31.1.26

31.1.25

£

£

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

219,064

219,069

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.1.26

31.1.25

£

£

Bank loans

219,064

219,069

Bank loans and overdrafts are secured by a charge on one of the investment properties and by a personal guarantee given by the director, K Myers.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.26

31.1.25

value:

£

£

100

Ordinary

£1

100

100

1

B

£1

1

1

101

101

11.

RESERVES

Non

Retained

distributable

earnings

reserve

Totals

£

£

£

At 1 February 2025

342,324

184,629

526,953

Deficit for the year

(36,522

)

(36,522

)

Dividends

(1,000

)

(1,000

)

Transfer to retained

earnings

-

(24,750

)

(24,750

)

Transfer from non

distributable reserve

24,750

-

24,750

At 31 January 2026

329,552

159,879

489,431