Company Registration No. 11798517 (England and Wales)
Optimum Temperature Solutions Ltd
Unaudited accounts
for the year ended 31 March 2024
Optimum Temperature Solutions Ltd
Unaudited accounts
Contents
Optimum Temperature Solutions Ltd
Company Information
for the year ended 31 March 2024
Directors
Reece Brumby
Paul Fisher
Company Number
11798517 (England and Wales)
Registered Office
61 Grange Road
Alvaston
Derby
Derbyshire
DE24 0JY
UK
Accountants
RLTP Accountants
Suite 8, Riverside Business Centre
Foundry Lane
Milford, Belper
Derbyshire
DE56 0RN
Optimum Temperature Solutions Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
51,078
47,827
Cash at bank and in hand
3,367
3,513
Creditors: amounts falling due within one year
(33,211)
(35,466)
Net current assets
19,976
32,410
Total assets less current liabilities
71,054
80,237
Creditors: amounts falling due after more than one year
(70,614)
(49,789)
Called up share capital
100
1
Profit and loss account
340
30,447
Shareholders' funds
440
30,448
For the year ending 31 March 2024 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 18 September 2024 and were signed on its behalf by
Reece Brumby
Director
Company Registration No. 11798517
Optimum Temperature Solutions Ltd
Notes to the Accounts
for the year ended 31 March 2024
Optimum Temperature Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 11798517. The registered office is 61 Grange Road, Alvaston, Derby, Derbyshire, DE24 0JY, UK.
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 remained unchanged from the previous year, and also 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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
4,590
78,195
1,040
83,825
Additions
4,150
39,500
224
43,874
Disposals
-
(27,695)
-
(27,695)
At 31 March 2024
8,740
90,000
1,264
100,004
At 1 April 2023
2,856
32,799
343
35,998
Charge for the year
2,185
22,500
417
25,102
On disposals
-
(12,174)
-
(12,174)
At 31 March 2024
5,041
43,125
760
48,926
At 31 March 2024
3,699
46,875
504
51,078
At 31 March 2023
1,734
45,396
697
47,827
Optimum Temperature Solutions Ltd
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
37,211
45,912
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
13,214
12,972
Taxes and social security
7,811
7,856
Other creditors
13,172
695
Loans from directors
(986)
9,555
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).