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REGISTERED NUMBER: 12327570 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2021

for

Optimised Group Limited

Optimised Group Limited (Registered number: 12327570)






Contents of the Financial Statements
for the Year Ended 31 December 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Optimised Group Limited

Company Information
for the Year Ended 31 December 2021







DIRECTORS: G S Bark
J L Waters
N A Wood
J R Wood





REGISTERED OFFICE: 109-112 Lancaster House Amy Johnson Way
Blackpool
United Kingdom
Lancashire
FY4 2RP





REGISTERED NUMBER: 12327570 (England and Wales)





ACCOUNTANTS: WP Audit Limited
Statutory Auditors
5a Frascati Way
Maidenhead
Berkshire
SL6 4UY

Optimised Group Limited (Registered number: 12327570)

Balance Sheet
31 December 2021

31.12.21 31.12.20
Notes £    £   
FIXED ASSETS
Investments 4 865,402 865,402

CURRENT ASSETS
Debtors 5 9,726 65

CREDITORS
Amounts falling due within one year 6 (204,726 ) (195,065 )
NET CURRENT LIABILITIES (195,000 ) (195,000 )
TOTAL ASSETS LESS CURRENT LIABILITIES 670,402 670,402

CAPITAL AND RESERVES
Called up share capital 100 100
Share premium 670,302 670,302
SHAREHOLDERS' FUNDS 670,402 670,402

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Optimised Group Limited (Registered number: 12327570)

Balance Sheet - continued
31 December 2021


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 August 2022 and were signed on its behalf by:





J R Wood - Director


Optimised Group Limited (Registered number: 12327570)

Notes to the Financial Statements
for the Year Ended 31 December 2021

1. STATUTORY INFORMATION

Optimised Group Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates
In the application of the company's accounting policies the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Financial instruments
Basic financial instruments are recognised at amortised cost using the effective interest method, except for investments in non-convertible preference and non-puttable preference and ordinary shares, which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value, with changes recognised in profit and loss.


Optimised Group Limited (Registered number: 12327570)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2020 - NIL).

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2021
and 31 December 2021 865,402
NET BOOK VALUE
At 31 December 2021 865,402
At 31 December 2020 865,402

Optimised Group Limited (Registered number: 12327570)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

4. FIXED ASSET INVESTMENTS - continued

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Optimised Buildings Ltd
Registered office: Unit 1, Ivanhoe Office Park, Ivanhoe Park Way, Ashby De La Zouch, Leicestershire, England, LE65 2AB
Nature of business: Energy management and analytics solutions
%
Class of shares: holding
Ordinary 100.00
31.12.21 31.12.20
£    £   
Aggregate capital and reserves 612,531 724,200
Profit for the year 9,040 440,451

The company is entitled to exemption from audit under Section 479A of the Companies Act 2006 relating to subsidiary companies for the period ended 31 December 2021. The ownership stated above includes direct and indirect holdings in the shares of the company.

Entel Consulting Group Limited
Registered office: 109-112 Lancaster House Amy Johnson Way, Blackpool, Lancashire, England, FY4 2RP
Nature of business: Energy consulting
%
Class of shares: holding
Ordinary 100.00
31.12.21 31.12.20
£    £   
Aggregate capital and reserves 822,265 760,644
Profit for the year 143,530 225,550

The company is entitled to exemption from audit under Section 479A of the Companies Act 2006 relating to subsidiary companies for the period ended 31 December 2021.

Optimised Group Limited (Registered number: 12327570)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

4. FIXED ASSET INVESTMENTS - continued

Optimised Spaces Limited
Registered office: Unit 1 Ivanhoe Park Way, Ashby-De-La-Zouch, Leicestershire, England, LE65 2AB
Nature of business: Energy consulting
%
Class of shares: holding
Ordinary 100.00
31.12.21 31.12.20
£    £   
Aggregate capital and reserves 491,962 365,801
Profit for the year/period 148,543 111,851

The company is entitled to exemption from audit under Section 479A of the Companies Act 2006 relating to subsidiary companies for the period ended 31 December 2021.

Rotec Engineering Consultants Limited
Registered office: Office F5, Bankend Road, Dumfries, Scotland, DG1 4UQ
Nature of business: Renewable energy consultancy
%
Class of shares: holding
Ordinary 100.00
31.12.21 31.12.20
£    £   
Aggregate capital and reserves 190,995 177,144
Profit for the year/period 13,851 207,643

The company is entitled to exemption from audit under Section 479A of the Companies Act 2006 relating to subsidiary companies for the period ended 31 December 2021.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Amounts owed by group undertakings 9,726 65

Optimised Group Limited (Registered number: 12327570)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Trade creditors 10,444 -
Amounts owed to group undertakings 194,217 195,000
Other creditors 65 65
204,726 195,065

7. SECURED DEBTS

The following secured debts are included within creditors:

31.12.21 31.12.20
£    £   

8. ULTIMATE CONTROLLING PARTY

There is no single ultimate controlling party.