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Company Registration No. 12912929 (England and Wales)
OPTIZIO LTD Unaudited accounts for the year ended 30 September 2024
OPTIZIO LTD Unaudited accounts Contents
Page
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OPTIZIO LTD Company Information for the year ended 30 September 2024
Directors
DAVID SPANTON SAMMY ISSEYEGH
Company Number
12912929 (England and Wales)
Registered Office
124 CITY ROAD LONDON EC1V 2NX ENGLAND
Accountants
Harvest Accountants Ltd 124 City Road London EC1V 2NX
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OPTIZIO LTD Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
25,504 
25,504 
Tangible assets
1,039 
1,772 
26,543 
27,276 
Current assets
Debtors
183 
266 
Cash at bank and in hand
90,888 
35,922 
91,071 
36,188 
Creditors: amounts falling due within one year
(34,266)
(27,834)
Net current assets
56,805 
8,354 
Net assets
83,348 
35,630 
Capital and reserves
Called up share capital
15 
15 
Profit and loss account
83,333 
35,615 
Shareholders' funds
83,348 
35,630 
For the year ending 30 September 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 21 October 2024 and were signed on its behalf by
DAVID SPANTON Director Company Registration No. 12912929
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OPTIZIO LTD Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
OPTIZIO LTD is a private company, limited by shares, registered in England and Wales, registration number 12912929. The registered office is 124 CITY ROAD, LONDON, EC1V 2NX, 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.
Intangible fixed assets
Intangible assets meeting the relevant recognition criteria are initially measured at cost, subsequently measured at cost or using the revaluation model, and amortised on a systematic basis over their useful lives (unless the asset has an indefinite useful life, in which case it is not amortised).
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
3 Years
4
Intangible fixed assets
Other 
£ 
Cost
At 1 October 2023
25,504 
At 30 September 2024
25,504 
Amortisation
At 1 October 2023
- 
At 30 September 2024
- 
Net book value
At 30 September 2024
25,504 
At 30 September 2023
25,504 
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OPTIZIO LTD Notes to the Accounts for the year ended 30 September 2024
5
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 October 2023
2,200 
At 30 September 2024
2,200 
Depreciation
At 1 October 2023
428 
Charge for the year
733 
At 30 September 2024
1,161 
Net book value
At 30 September 2024
1,039 
At 30 September 2023
1,772 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
183 
266 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
24 
161 
Taxes and social security
34,138 
27,673 
Other creditors
104 
- 
34,266 
27,834 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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