Abbreviated Company Accounts - EYECARE 20/20 LTD

07244746 EYECARE 20/20 LTD 2015-05-31 false 2014-06-01 2015-05-31 true 07244746 2014-06-01 2015-05-31 07244746 2015-05-31 07244746 2014-05-31 07244746 uk-gaap-cd-bus:Director1 2014-06-01 2015-05-31 07244746 uk-gaap-cd-bus:Director2 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 iso4217:GBP shares

Registered Number 07244746

EYECARE 20/20 LTD

Abbreviated Accounts

31 May 2015

EYECARE 20/20 LTD Registered Number 07244746

Abbreviated Balance Sheet as at 31 May 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	957	639
		957	639
Current assets
Cash at bank and in hand		19,187	29,610
		19,187	29,610
Net current assets (liabilities)		19,187	29,610
Total assets less current liabilities		20,144	30,249
Creditors: amounts falling due after more than one year		(19,521)	(29,412)
Total net assets (liabilities)		623	837
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		621	835
Shareholders' funds		623	837

For the year ending 31 May 2015 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 27 January 2016

And signed on their behalf by:
S Narband, Director

EYECARE 20/20 LTD Registered Number 07244746

Notes to the Abbreviated Accounts for the period ended 31 May 2015

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.

Turnover policy
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts

Tangible assets depreciation policy
Tangible fixed assets are stated at cost or valuation less depreciation

Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Equipment 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 June 2014	1,775
Additions	636
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2015	2,411
Depreciation
At 1 June 2014	1,136
Charge for the year	318
On disposals	-
At 31 May 2015	1,454
Net book values
At 31 May 2015	957
At 31 May 2014	639

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
2 Ordinary shares of £1 each	2	2