0 false false false false false false false true false false true false false false false true true true true No description of principal activity 2022-11-01 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 9824199 2022-11-01 2023-10-31 9824199 2023-10-31 9824199 2022-10-31 9824199 2021-11-01 2022-10-31 9824199 2022-10-31 9824199 2021-10-31 9824199 bus:LeadAgentIfApplicable 2022-11-01 2023-10-31 9824199 bus:Director1 2022-11-01 2023-10-31 9824199 core:ShareCapital 2023-10-31 9824199 core:ShareCapital 2022-10-31 9824199 bus:SmallEntities 2022-11-01 2023-10-31 9824199 bus:AuditExemptWithAccountantsReport 2022-11-01 2023-10-31 9824199 bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 9824199 bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 9824199 bus:FullAccounts 2022-11-01 2023-10-31 9824199 core:AllAssociates 2022-11-01 2023-10-31
COMPANY REGISTRATION NUMBER: 9824199
OPTIMUM GROUNDWORKS LIMITED
Filleted Unaudited Financial Statements
31 October 2023
OPTIMUM GROUNDWORKS LIMITED
Financial Statements
Year ended 31 October 2023
Contents
Page
Chartered certified accountants report to the director on the preparation of the unaudited statutory financial statements
1
Statement of financial position
2
Notes to the financial statements
3
OPTIMUM GROUNDWORKS LIMITED
Chartered Certified Accountants Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of OPTIMUM GROUNDWORKS LIMITED
Year ended 31 October 2023
As described on the statement of financial position, the director of the company is responsible for the preparation of the financial statements for the year ended 31 October 2023, which comprise the statement of financial position and the related notes. You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.
VAGHELA & CO. (SERVICES) LTD. Chartered Certified Accountants
P.O. Box 10901 Birmingham B1 1ZQ
31 October 2024
OPTIMUM GROUNDWORKS LIMITED
Statement of Financial Position
31 October 2023
2023
2022
Note
£
£
£
Current assets
Cash at bank and in hand
100
100
----
----
Net current assets
100
100
----
----
Total assets less current liabilities
100
100
----
----
Capital and reserves
Called up share capital
100
100
----
----
Shareholders funds
100
100
----
----
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
The company did not trade during the current year or prior year and has not made either a profit or loss.
For the year ending 31 October 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Director's responsibilities:
- 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 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 31 October 2024 , and are signed on behalf of the board by:
Mr D A Jones
Director
Company registration number: 9824199
OPTIMUM GROUNDWORKS LIMITED
Notes to the Financial Statements
Year ended 31 October 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is C/O Vaghela & Co, 145 Granville Street, Birmingham, B1 1SB, United Kingdom.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Disclosure exemptions
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: (a) No cash flow statement has been presented for the company. (b) Disclosures in respect of financial instruments have not been presented.
Income statement
The company is dormant as defined by section 1169 of the Companies Act 2006. The company received no income and incurred no expenditure during the current year or prior year and therefore no income statement is presented within these financial statements. There have been no movements in shareholders funds during the current year or prior year.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4. Related party transactions
No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 102.