Registered Number 07244746

EYECARE 20/20 LTD

Abbreviated Accounts

31 May 2016

EYECARE 20/20 LTD Registered Number 07244746

Abbreviated Balance Sheet as at 31 May 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 718 957
718 957
Current assets
Debtors 3,699 -
Cash at bank and in hand 17,562 19,187
21,261 19,187
Creditors: amounts falling due within one year (22,193) (19,521)
Net current assets (liabilities) (932) (334)
Total assets less current liabilities (214) 623
Total net assets (liabilities) (214) 623
Capital and reserves
Called up share capital 3 2 2
Profit and loss account (216) 621
Shareholders' funds (214) 623
  • For the year ending 31 May 2016 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 22 December 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 2016

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:

Fixtures & fittings 25% reducing balance

2Tangible fixed assets
£
Cost
At 1 June 2015 2,411
Additions -
Disposals -
Revaluations -
Transfers -
At 31 May 2016 2,411
Depreciation
At 1 June 2015 1,454
Charge for the year 239
On disposals -
At 31 May 2016 1,693
Net book values
At 31 May 2016 718
At 31 May 2015 957
3Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
2 Ordinary shares of £1 each 2 2