Company Registration No. 10416114 (England and Wales)
OPTIMAX FUELS LTD
Unaudited accounts
for the year ended 30 September 2022
OPTIMAX FUELS LTD
Unaudited accounts
Contents
OPTIMAX FUELS LTD
Company Information
for the year ended 30 September 2022
Company Number
10416114 (England and Wales)
Registered Office
209 The Heights
Northolt
United Kingdom
UB5 4BX
United Kingdom
Accountants
IRTS Business Solutions Limited
209 The Heights
Northolt
Middlesex
UB5 4BX
OPTIMAX FUELS LTD
Statement of financial position
as at 30 September 2022
Cash at bank and in hand
265,166
48,827
Creditors: amounts falling due within one year
(40,353)
(37,865)
Net current assets
277,668
64,048
Total assets less current liabilities
277,668
64,048
Creditors: amounts falling due after more than one year
(261,782)
(50,000)
Called up share capital
100
100
Profit and loss account
15,786
13,948
Shareholders' funds
15,886
14,048
For the year ending 30 September 2022 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 September 2023 and were signed on its behalf by
Mr A Aravinthan
Director
Company Registration No. 10416114
OPTIMAX FUELS LTD
Notes to the Accounts
for the year ended 30 September 2022
OPTIMAX FUELS LTD is a private company, limited by shares, registered in England and Wales, registration number 10416114. The registered office is 209 The Heights, Northolt, United Kingdom, UB5 4BX, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Amounts falling due within one year
Other debtors
24,000
24,000
5
Creditors: amounts falling due within one year
2022
2021
Trade creditors
23,025
24,784
Taxes and social security
17,178
12,169
Loans from directors
150
912
6
Creditors: amounts falling due after more than one year
2022
2021
7
Average number of employees
During the year the average number of employees was 5 (2021: 6).