IRIS Accounts Production v23.3.0.418 07917516 Board of Directors 1.2.22 31.1.23 31.1.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure079175162022-01-31079175162023-01-31079175162022-02-012023-01-31079175162021-01-31079175162021-02-012022-01-31079175162022-01-3107917516ns16:EnglandWales2022-02-012023-01-3107917516ns15:PoundSterling2022-02-012023-01-3107917516ns11:Director12022-02-012023-01-3107917516ns11:PrivateLimitedCompanyLtd2022-02-012023-01-3107917516ns11:SmallEntities2022-02-012023-01-3107917516ns11:AuditExempt-NoAccountantsReport2022-02-012023-01-3107917516ns11:SmallCompaniesRegimeForDirectorsReport2022-02-012023-01-3107917516ns11:SmallCompaniesRegimeForAccounts2022-02-012023-01-3107917516ns11:FullAccounts2022-02-012023-01-3107917516ns11:OrdinaryShareClass12022-02-012023-01-3107917516ns11:Director22022-02-012023-01-3107917516ns11:RegisteredOffice2022-02-012023-01-3107917516ns6:CurrentFinancialInstruments2023-01-3107917516ns6:CurrentFinancialInstruments2022-01-3107917516ns6:Non-currentFinancialInstruments2023-01-3107917516ns6:Non-currentFinancialInstruments2022-01-3107917516ns6:ShareCapital2023-01-3107917516ns6:ShareCapital2022-01-3107917516ns6:RetainedEarningsAccumulatedLosses2023-01-3107917516ns6:RetainedEarningsAccumulatedLosses2022-01-3107917516ns6:ComputerEquipment2022-02-012023-01-3107917516ns6:ComputerEquipment2022-01-3107917516ns6:ComputerEquipment2023-01-3107917516ns6:ComputerEquipment2022-01-3107917516ns6:WithinOneYearns6:CurrentFinancialInstruments2023-01-3107917516ns6:WithinOneYearns6:CurrentFinancialInstruments2022-01-3107917516ns6:AfterOneYearns6:Non-currentFinancialInstruments2023-01-3107917516ns6:AfterOneYearns6:Non-currentFinancialInstruments2022-01-3107917516ns11:OrdinaryShareClass12023-01-3107917516ns6:RetainedEarningsAccumulatedLosses2022-01-3107917516ns6:RetainedEarningsAccumulatedLosses2022-02-012023-01-31
REGISTERED NUMBER: 07917516 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2023

for

Opus Construct Ltd

Opus Construct Ltd (Registered number: 07917516)






Contents of the Financial Statements
for the Year Ended 31 January 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Opus Construct Ltd

Company Information
for the Year Ended 31 January 2023







DIRECTORS: Mr C Cosma
Mr T Cosma





REGISTERED OFFICE: 31 Cleves Road
Hemel Hempstead
Hertfordshire
HP2 7LQ





REGISTERED NUMBER: 07917516 (England and Wales)





ACCOUNTANTS: E Johnson & Associates
Chartered Certified Accountants
637 Green Lanes
London
N8 0RE

Opus Construct Ltd (Registered number: 07917516)

Balance Sheet
31 January 2023

31.1.23 31.1.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 561 748

CURRENT ASSETS
Stocks 5 8,136 12,060
Debtors 6 123,823 5,944
Cash at bank and in hand 21,777 71,713
153,736 89,717
CREDITORS
Amounts falling due within one
year

7

177,067

108,942
NET CURRENT LIABILITIES (23,331 ) (19,225 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(22,770

)

(18,477

)

CREDITORS
Amounts falling due after more
than one year

8

25,833

35,833
NET LIABILITIES (48,603 ) (54,310 )

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 (48,703 ) (54,410 )
SHAREHOLDERS' FUNDS (48,603 ) (54,310 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 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.

Opus Construct Ltd (Registered number: 07917516)

Balance Sheet - continued
31 January 2023


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 25 October 2023 and were signed on its behalf by:





Mr C Cosma - Director


Opus Construct Ltd (Registered number: 07917516)

Notes to the Financial Statements
for the Year Ended 31 January 2023

1. STATUTORY INFORMATION

Opus Construct Ltd 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared on the going concern basis. This assumes that the company will continue in operational existence for the foreseeable future.
At the balance sheet date, the company's liabilities for the period from 1 February 2022 to 31 January 2023 exceed its assets. The directors of the company have sought assurance from the creditors that their debts will not be called in within the next twelve months.
The directors have been therefore deemed it appropriate that the financial statements be prepared on the going concern basis.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Opus Construct Ltd (Registered number: 07917516)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 February 2022
and 31 January 2023 998
DEPRECIATION
At 1 February 2022 250
Charge for year 187
At 31 January 2023 437
NET BOOK VALUE
At 31 January 2023 561
At 31 January 2022 748

5. STOCKS
31.1.23 31.1.22
£    £   
Work-in-progress 8,136 12,060

6. DEBTORS
31.1.23 31.1.22
£    £   
Amounts falling due within one year:
Trade debtors 2,000 5,944
Other debtors 12,200 -
14,200 5,944

Amounts falling due after more than one year:
Other debtors 109,623 -

Aggregate amounts 123,823 5,944

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 14,461 7,701
Taxation and social security 151,934 89,038
Other creditors 672 2,203
177,067 108,942

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.23 31.1.22
£    £   
Bank loans 25,833 35,833

Opus Construct Ltd (Registered number: 07917516)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.23 31.1.22
value: £    £   
100 Ordinary £1 100 100

10. RESERVES
Retained
earnings
£   

At 1 February 2022 (54,410 )
Profit for the year 5,707
At 31 January 2023 (48,703 )

11. RELATED PARTY DISCLOSURES

During the year, no dividend was paid to the director.

12. ULTIMATE CONTROLLING PARTY

The company is controlled by the directors of the company.