Abbreviated Company Accounts - VISUALEYES OPTICIANS LIMITED

Abbreviated Company Accounts - VISUALEYES OPTICIANS LIMITED

VISUALEYES OPTICIANS LIMITED - Company Information

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Registered Number 04148746

VISUALEYES OPTICIANS LIMITED

Abbreviated Accounts

31 March 2014

VISUALEYES OPTICIANS LIMITED Registered Number 04148746

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Intangible assets 2 45,000 50,000
Tangible assets 3 19,895 25,043
64,895 75,043
Current assets
Stocks 12,935 11,575
Debtors 7,624 15,502
Cash at bank and in hand 54,760 33,657
75,319 60,734
Creditors: amounts falling due within one year (32,573) (27,830)
Net current assets (liabilities) 42,746 32,904
Total assets less current liabilities 107,641 107,947
Creditors: amounts falling due after more than one year (3,048) (3,004)
Total net assets (liabilities) 104,593 104,943
Capital and reserves
Called up share capital 3 3
Profit and loss account 104,590 104,940
Shareholders' funds 104,593 104,943
  • For the year ending 31 March 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 8 December 2014

And signed on their behalf by:
Mohamed Javed Kanani, Director

VISUALEYES OPTICIANS LIMITED Registered Number 04148746

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

2Intangible fixed assets
£
Cost
At 1 April 2013 100,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2014 100,000
Amortisation
At 1 April 2013 50,000
Charge for the year 5,000
On disposals -
At 31 March 2014 55,000
Net book values
At 31 March 2014 45,000
At 31 March 2013 50,000
3Tangible fixed assets
£
Cost
At 1 April 2013 64,644
Additions 1,484
Disposals -
Revaluations -
Transfers -
At 31 March 2014 66,128
Depreciation
At 1 April 2013 39,601
Charge for the year 6,632
On disposals -
At 31 March 2014 46,233
Net book values
At 31 March 2014 19,895
At 31 March 2013 25,043