Company Registration No. 14455796 (England and Wales)
Optic Networx Solutions LTD
Unaudited accounts
for the period from 1 November 2022 to 30 November 2023
Optic Networx Solutions LTD
Unaudited accounts
Contents
Optic Networx Solutions LTD
Company Information
for the period from 1 November 2022 to 30 November 2023
Company Number
14455796 (England and Wales)
Registered Office
303 Manchester Road
Millhouse Green
Sheffield
S36 9NP
England
Accountants
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
Optic Networx Solutions LTD
Statement of financial position
as at 30 November 2023
Cash at bank and in hand
36,139
Creditors: amounts falling due within one year
(32,306)
Profit and loss account
24,306
Shareholders' funds
24,307
For the period ending 30 November 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 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 19 March 2024 and were signed on its behalf by
Lee Fearnley
Director
Company Registration No. 14455796
Optic Networx Solutions LTD
Notes to the Accounts
for the period from 1 November 2022 to 30 November 2023
Optic Networx Solutions LTD is a private company, limited by shares, registered in England and Wales, registration number 14455796. The registered office is 303 Manchester Road, Millhouse Green, Sheffield, S36 9NP, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and 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:
Motor vehicles
25% Reducing balance
Computer equipment
25% Reducing balance
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
Additions
20,995
1,307
22,302
At 30 November 2023
20,995
1,307
22,302
Charge for the period
4,098
130
4,228
At 30 November 2023
4,098
130
4,228
At 30 November 2023
16,897
1,177
18,074
Amounts falling due within one year
Optic Networx Solutions LTD
Notes to the Accounts
for the period from 1 November 2022 to 30 November 2023
6
Creditors: amounts falling due within one year
2023
Taxes and social security
1,736
Loans from directors
24,136
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director Loan Account
-
(51,301)
(27,165)
(24,136)
-
(51,301)
(27,165)
(24,136)
8
Average number of employees
During the period the average number of employees was 1.