Company Registration No. 12912929 (England and Wales)
OPTIZIO LTD
Unaudited accounts
for the year ended 30 September 2024
OPTIZIO LTD
Unaudited accounts
Contents
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
OPTIZIO LTD
Statement of financial position
as at 30 September 2024
Intangible assets
25,504
25,504
Tangible assets
1,039
1,772
Cash at bank and in hand
90,888
35,922
Creditors: amounts falling due within one year
(34,266)
(27,834)
Net current assets
56,805
8,354
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
OPTIZIO LTD
Notes to the Accounts
for the year ended 30 September 2024
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.
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.
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
At 30 September 2024
25,504
At 30 September 2024
25,504
At 30 September 2023
25,504
OPTIZIO LTD
Notes to the Accounts
for the year ended 30 September 2024
5
Tangible fixed assets
Computer equipment
At 30 September 2024
2,200
At 30 September 2024
1,161
At 30 September 2024
1,039
At 30 September 2023
1,772
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
34,138
27,673
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).