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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
Page
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OPTIMAX FUELS LTD Company Information for the year ended 30 September 2022
Director
Mr A Aravinthan
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
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OPTIMAX FUELS LTD Statement of financial position as at 30 September 2022
2022 
2021 
Notes
£ 
£ 
Current assets
Inventories
28,855 
29,086 
Debtors
24,000 
24,000 
Cash at bank and in hand
265,166 
48,827 
318,021 
101,913 
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)
Net assets
15,886 
14,048 
Capital and reserves
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
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OPTIMAX FUELS LTD Notes to the Accounts for the year ended 30 September 2022
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
4
Debtors
2022 
2021 
£ 
£ 
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 
40,353 
37,865 
6
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
261,782 
50,000 
7
Average number of employees
During the year the average number of employees was 5 (2021: 6).
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