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Company Registration No. 8563869 (England and Wales)
Optivia Limited Unaudited accounts for the year ended 30 June 2023
Optivia Limited Unaudited accounts Contents
Page
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Optivia Limited Company Information for the year ended 30 June 2023
Directors
Mr John McDonald Mrs Michaela McDonald
Company Number
8563869 (England and Wales)
Registered Office
24 Cannon Way Higher Kinnerton Chester CHESHIRE CH4 9PG England
Accountants
Tax Accounting & Business Solutions Limited 9 Sumner Street Leyland Lancashire PR25 2LD
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Optivia Limited Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
6,879 
8,268 
Current assets
Cash at bank and in hand
544 
9,995 
Creditors: amounts falling due within one year
5,587 
(7,238)
Net current assets
6,131 
2,757 
Net assets
13,010 
11,025 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
12,910 
10,925 
Shareholders' funds
13,010 
11,025 
For the year ending 30 June 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 12 March 2024 and were signed on its behalf by
Mr John McDonald Director Company Registration No. 8563869
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Optivia Limited Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
Optivia Limited is a private company, limited by shares, registered in England and Wales, registration number 8563869. The registered office is 24 Cannon Way, Higher Kinnerton, Chester, CHESHIRE, CH4 9PG, England.
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:
Computer equipment
25% straight line
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 July 2022
13,271 
Additions
2,571 
At 30 June 2023
15,842 
Depreciation
At 1 July 2022
5,003 
Charge for the year
3,960 
At 30 June 2023
8,963 
Net book value
At 30 June 2023
6,879 
At 30 June 2022
8,268 
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Optivia Limited Notes to the Accounts for the year ended 30 June 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
(344)
(955)
Loans from directors
(5,893)
1,543 
Accruals
650 
650 
Deferred income
- 
6,000 
(5,587)
7,238 
6
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Mr John McDonald
Interest free and repayable on demand
1,543 
1,607 
9,043 
(5,893)
1,543 
1,607 
9,043 
(5,893)
The directors' loan account was fully repaid in November 2023
7
Transactions with related parties
During the year the company provided management services to Blue Acorn Properties Limited, a company registered in England and of which Mr John McDonald and Mrs Michaela McDonald are Directors. The amount outstanding at the financial year end was £NIL (2022 £NIL)
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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