Eye Like Ltd - Abbreviated accounts 16.1

Eye Like Ltd - Abbreviated accounts 16.1

EYE LIKE LTD - Company Information

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08749334 1.11.14 31.10.15 31.10.15 Company accounts Private Limited Company FY true false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure087493342014-10-31087493342015-10-31087493342014-11-012015-10-31087493342013-10-24087493342013-10-252014-10-31087493342014-10-3108749334ns12:England2014-11-012015-10-3108749334ns14:PoundSterling2014-11-012015-10-3108749334ns7:Director12014-11-012015-10-3108749334ns7:OrdinaryShareClass12014-11-012015-10-3108749334ns5:FixturesFittings2014-11-012015-10-3108749334ns7:OrdinaryShareClass12015-10-3108749334ns7:OrdinaryShareClass12014-10-31
REGISTERED NUMBER: 08749334 (England and Wales)












ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 OCTOBER 2015

FOR

EYE LIKE LTD

EYE LIKE LTD (REGISTERED NUMBER: 08749334)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 2015










Page

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2

EYE LIKE LTD (REGISTERED NUMBER: 08749334)

ABBREVIATED BALANCE SHEET
31 OCTOBER 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 13,607 20,412

CURRENT ASSETS
Stocks 87,546 65,818
Debtors 1,833 1,833
Cash at bank and in hand 14,157 8,830
103,536 76,481
CREDITORS
Amounts falling due within one year 61,608 59,928
NET CURRENT ASSETS 41,928 16,553
TOTAL ASSETS LESS CURRENT
LIABILITIES
55,535
36,965

CREDITORS
Amounts falling due after more than one
year
50,000
50,000
NET ASSETS/(LIABILITIES) 5,535 (13,035 )

CAPITAL AND RESERVES
Called up share capital 3 2 2
Profit and loss account 5,533 (13,037 )
SHAREHOLDERS' FUNDS 5,535 (13,035 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2015 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 29 July 2016 and were signed on its behalf by:





Mrs S Philpot - Director


The notes form part of these abbreviated accounts

1
EYE LIKE LTD (REGISTERED NUMBER: 08749334)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 2015


1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the
Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax.

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

Fixtures and fittings - 25% 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 the profit and loss account on a straight line basis over the
period of the lease.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 November 2014
and 31 October 2015 27,217
DEPRECIATION
At 1 November 2014 6,805
Charge for year 6,805
At 31 October 2015 13,610
NET BOOK VALUE
At 31 October 2015 13,607
At 31 October 2014 20,412

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
2 Ordinary £1 2 2

2