Company registration number SC360782 (Scotland)
Optimal Economics Limited
Unaudited financial statements
For the year ended 31 January 2024
Pages for filing with registrar
Optimal Economics Limited
Balance sheet
As at 31 January 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
622
1,088
Current assets
92,138
59,473
Creditors: amounts falling due within one year
(15,295)
(10,927)
Net current assets
76,843
48,546
Total assets less current liabilities
77,465
49,634
Net assets
77,465
49,634
Capital and reserves
77,465
49,634
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees

During the year, the company advanced £1,122 (2023: £1,156) to the director and £745 (2023: £1,122) was repaid to the company. Included within current assets at the year-end is a balance of £774 (2023: £397) due to the company from the director.

2
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2024
2023
Number
Number
Employees
1
1

Optimal Economics Limited is a private company limited by shares incorporated in Scotland. The registered office is 12 Hope Street, Edinburgh, EH2 4DB.

For the year ended 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

Optimal Economics Limited
Balance sheet (continued)
As at 31 January 2024
- 2 -
The financial statements were approved and signed by the director and authorised for issue on 20 August 2024
Ms Edith McDowall
Director
Company registration number SC360782 (Scotland)
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