Registered Number 04602002

DRAGON OPTICAL LIMITED

Micro-entity Accounts

31 March 2017

DRAGON OPTICAL LIMITED Registered Number 04602002

Micro-entity Balance Sheet as at 31 March 2017

Notes 2017 2016
£ £
Fixed Assets 359,249 369,397
Current Assets 583,955 406,355
Prepayments and accrued income 61,026 66,574
Creditors: amounts falling due within one year (754,564) (611,225)
Net current assets (liabilities) (109,583) (138,296)
Total assets less current liabilities 249,666 231,101
Accruals and deferred income (1,600) (1,600)
Total net assets (liabilities) 248,066 229,501
Capital and reserves 248,066 229,501
  • For the year ending 31 March 2017 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
  • The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 19 December 2017

And signed on their behalf by:
Mr Peter Alton Murphy, Director

Footnotes:
  • Advances and credits
    Sales in the period were to two associated companies, being Alton Murphy (Opticians) Limited and Alton Murphy and Leanne Murphy Optometrists Limited. All three directors are also directors of Alton Murphy (Opticians) Limited and both Mr P.A. Murphy ans Mrs. L.S. Gadsby (maiden name Murphy) are directors of Alton Murphy and Leanne Murphy Optometrists Limited. At the balance sheet date, retrospective discounts amounting to £207,661 are included in trade creditors in respect of sales to both companies. During the year a building plot was purchased from one of the directors and his wife, Mr&Mrs P.A. Murphy and is shown under Current Asset Investments at the year end. Wage and expense contributions have also been made between the company and Alton Murphy and Alton Murphy (Opticians) Ltd and Alton Murphy and Leanne Murphy Optometrists Ltd, and included in debtors and creditors at the year end.

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