2021-01-01 10822549 2021-12-31 10822549 2021-01-01 2021-12-31 10822549 2020-12-31 10822549 2020-01-01 2020-12-31 10822549 uk-core:WithinOneYear 2020-12-31 10822549 uk-core:WithinOneYear 2021-12-31 10822549 uk-core:ShareCapital 2021-12-31 10822549 uk-core:ShareCapital 2020-12-31 10822549 uk-core:RevaluationReserve 2021-12-31 10822549 uk-core:RevaluationReserve 2020-12-31 10822549 uk-core:RetainedEarningsAccumulatedLosses 2021-12-31 10822549 uk-core:RetainedEarningsAccumulatedLosses 2020-12-31 10822549 uk-bus:Director1 2021-01-01 2021-12-31 10822549 uk-core:ComputerEquipment 2021-01-01 2021-12-31 10822549 uk-core:CommercialMotorVehicles 2021-01-01 2021-12-31 10822549 uk-core:CommercialMotorVehicles 2021-12-31 10822549 uk-core:ComputerEquipment 2021-12-31 iso4217:GBP xbrli:pure 10822549 uk-bus:AuditExemptWithAccountantsReport 2021-01-01 2021-12-31 10822549 uk-bus:FRS102 2021-01-01 2021-12-31 10822549 uk-bus:FullAccounts 2021-01-01 2021-12-31 10822549 uk-bus:PrivateLimitedCompanyLtd 2021-01-01 2021-12-31
Optima Executive Limited
Registered Number:10822549
For the year ended 31 December 2021
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2021
Optima Executive Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
10822549
As at 31 December 2021
Optima Executive Limited
Statement of Financial Position
£
£
2020
2021
Notes
Fixed assets
Property, plant and equipment
31,636
-
2
3
866,001
695,893
Investment property
897,637
695,893
Current assets
Inventories
390,158
390,158
4
Trade and other receivables
7,003
8,240
5
105,198
Cash and cash equivalents
100,331
498,729
502,359
Trade and other payables: amounts falling due within one
year
(1,111,903)
(1,345,024)
6
(609,544)
(846,295)
Net current liabilities
Total assets less current liabilities
51,342
86,349
(8,514)
(8,514)
Provisions for liabilities
42,828
Net assets
77,835
Capital and reserves
Called up share capital
800
800
Revaluation reserve
36,294
36,294
7
Retained earnings
5,734
40,741
42,828
77,835
Shareholders' funds
For the year ended 31 December 2021 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
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 director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Richard Morrissey Director
These financial statements were approved and authorised for issue by the Board on 12 July 2022 and were signed by:
1 of 5
4
Registered Number :
10822549
For the year ended 31 December 2021
Optima Executive Limited
Statement of Financial Position Continued
The notes form part of these financial statements
2 of 5
5
For the year ended 31 December 2021
Optima Executive Limited
Notes to the Financial Statements
Statutory Information
Optima Executive Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 10822549.
Registered address:
Unit 3 & 4 Royson Way
Hurn Road
Dereham
Norfolk
NR19 1WD
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
2. Property, plant and equipment
Total
Computer
Equipment
Plant and
Machinery
£
£
£
Cost or
valuation
71,713
549
71,164
Additions
-
(29,532)
Disposals
(29,532)
At 31 December 2021
41,632
549
42,181
Provision for depreciation and impairment
Charge for year
10,545
137
10,408
At 31 December 2021
10,545
137
10,408
At 31 December 2021
Net book value
31,224
412
31,636
3 of 5
6
For the year ended 31 December 2021
Optima Executive Limited
Notes to the Financial Statements Continued
3. Investment property
Total
£
Fair value
At 01 January 2021
695,893
Additions
170,108
At 31 December 2021
866,001
Net book value
At 31 December 2021
866,001
At 31 December 2020
695,893
4. Inventories
2020
2021
£
£
Stocks
390,158
390,158
5. Trade and other receivables
2020
2021
£
£
Other debtors
8,240
7,003
6. Trade and other payables: amounts falling due within one year
2020
2021
£
£
Trade creditors
1,456
-
Taxation and social security
9,100
26,414
Other creditors
1,334,468
1,085,489
1,345,024
1,111,903
7. Reserves
Total
£
Revaluation reserve at 01 January 2021
36,294
36,294
Revaluation reserve at 31 December 2021
8. Average number of persons employed
During the year the average number of employees was 2 (2020 : 1)
4 of 5
7
For the year ended 31 December 2021
Optima Executive Limited
Notes to the Financial Statements Continued
5 of 5