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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
Page
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Optic Networx Solutions LTD Company Information for the period from 1 November 2022 to 30 November 2023
Director
Lee Fearnley
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
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Optic Networx Solutions LTD Statement of financial position as at 30 November 2023
2023 
Notes
£ 
Fixed assets
Tangible assets
18,074 
Current assets
Debtors
2,400 
Cash at bank and in hand
36,139 
38,539 
Creditors: amounts falling due within one year
(32,306)
Net current assets
6,233 
Net assets
24,307 
Capital and reserves
Called up share capital
1 
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
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Optic Networx Solutions LTD Notes to the Accounts for the period from 1 November 2022 to 30 November 2023
1
Statutory information
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.
3
Accounting policies
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.
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:
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 
At 1 November 2022
- 
- 
- 
Additions
20,995 
1,307 
22,302 
At 30 November 2023
20,995 
1,307 
22,302 
Depreciation
Charge for the period
4,098 
130 
4,228 
At 30 November 2023
4,098 
130 
4,228 
Net book value
At 30 November 2023
16,897 
1,177 
18,074 
5
Debtors
2023 
£ 
Amounts falling due within one year
Trade debtors
2,100 
Other debtors
300 
2,400 
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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 
£ 
VAT
3,972 
Taxes and social security
1,736 
Other creditors
1,042 
Loans from directors
24,136 
Accruals
1,420 
32,306 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Lee Fearnley
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.
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