Eyes Right Opticians Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 02853047 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 28 February 2015

for

Eyes Right Opticians Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Chartered Certified Accountants' Report

6

DIRECTOR:

V C Jain

SECRETARY:

Mrs A Jain

REGISTERED OFFICE:

Woodhead House

44-46 Market Street

Hyde

Cheshire

SK14 1AH

REGISTERED NUMBER:

02853047 (England and Wales)

ACCOUNTANTS:

Hardy & Company

Chartered Certified Accountants

Woodhead House

44-46 Market Street

Hyde

Cheshire

SK14 1AH

FIXED ASSETS

Tangible assets

2

13,681

15,159

Investments

3

23,344

189,862

37,025

205,021

CURRENT ASSETS

Stocks

10,814

13,801

Debtors

19,557

18,635

Cash at bank and in hand

76,143

58,430

106,514

90,866

CREDITORS

Amounts falling due within one year

8,029

9,629

NET CURRENT ASSETS

98,485

81,237

TOTAL ASSETS LESS CURRENT LIABILITIES

135,510

286,258

PROVISIONS FOR LIABILITIES

2,444

2,676

NET ASSETS

133,066

283,582

CAPITAL AND RESERVES

Called up share capital

4

12,100

12,100

Profit and loss account

120,966

271,482

SHAREHOLDERS' FUNDS

133,066

283,582

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 31 August 2015 and were signed by:

V C Jain - Director

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.

Plant and machinery etc

-

15% 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 March 2014

55,482

Additions

937

At 28 February 2015

56,419

DEPRECIATION

At 1 March 2014

40,323

Charge for year

2,415

At 28 February 2015

42,738

NET BOOK VALUE

At 28 February 2015

13,681

At 28 February 2014

15,159

3.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

28.2.15

28.2.14

£

£

Investments

23,344

189,862

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.15

28.2.14

value:

£

£

12,100

Ordinary shares

£1

12,100

12,100

5.

CONTROL

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Eyes Right Opticians Limited for the year ended 28 February 2015 which comprise the Profit and

Loss Account, the Balance Sheet, and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com.

This report is made solely to the director of Eyes Right Opticians Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Eyes Right Opticians Limited and state those matters that we have agreed to state to the director of Eyes Right Opticians Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Eyes Right Opticians Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Eyes Right Opticians Limited. You consider that Eyes Right Opticians Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Eyes Right Opticians

Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and

explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Hardy & Company

Chartered Certified Accountants

Woodhead House

44-46 Market Street

Hyde

Cheshire

SK14 1AH

14 September 2015