Company Registration No. 14873838 (England and Wales)
OPTIMATION (U.K.) LIMITED
Unaudited accounts
for the period from 16 May 2023 to 31 May 2024
OPTIMATION (U.K.) LIMITED
Unaudited accounts
Contents
OPTIMATION (U.K.) LIMITED
Company Information
for the period from 16 May 2023 to 31 May 2024
Director
Etienne Croquette
Company Number
14873838 (England and Wales)
Registered Office
203 West Street
Fareham
Hampshire
United Kingdom
PO16 0EN
Accountants
Taxsense
203 West Street
Fareham
Hants
PO16 0EN
OPTIMATION (U.K.) LIMITED
Accountants' report
Accountants' report to the director of OPTIMATION (U.K.) LIMITED on the preparation of the unaudited statutory accounts for the period from 16 May 2023 to 31 May 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
OPTIMATION (U.K.) LIMITED for the period from
16 May 2023 to
31 May 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of OPTIMATION (U.K.) LIMITED, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of OPTIMATION (U.K.) LIMITED and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than OPTIMATION (U.K.) LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that OPTIMATION (U.K.) LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of OPTIMATION (U.K.) LIMITED. You consider that OPTIMATION (U.K.) LIMITED is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of OPTIMATION (U.K.) LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Taxsense
203 West Street
Fareham
Hants
PO16 0EN
3 October 2024
OPTIMATION (U.K.) LIMITED
Statement of financial position
as at 31 May 2024
Cash at bank and in hand
7,176
Creditors: amounts falling due within one year
(10,844)
Net current liabilities
(1,387)
Called up share capital
100
Profit and loss account
1,162
For the period ending 31 May 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 director acknowledges his 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 and authorised for issue on 3 October 2024 and were signed on its behalf by
Etienne Croquette
Director
Company Registration No. 14873838
OPTIMATION (U.K.) LIMITED
Notes to the Accounts
for the period from 16 May 2023 to 31 May 2024
OPTIMATION (U.K.) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 14873838. The registered office is 203 West Street, Fareham, Hampshire, United Kingdom, PO16 0EN.
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 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:
Fixtures & fittings
25% Reducing Balance
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
Additions
1,668
1,566
3,234
At 31 May 2024
1,668
1,566
3,234
Charge for the period
229
356
585
At 31 May 2024
229
356
585
At 31 May 2024
1,439
1,210
2,649
Amounts falling due within one year
OPTIMATION (U.K.) LIMITED
Notes to the Accounts
for the period from 16 May 2023 to 31 May 2024
6
Creditors: amounts falling due within one year
2024
Taxes and social security
1,293
Loans from directors
7,156
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director LOan Account
-
(9,014)
(1,857)
(7,157)
9
Average number of employees
During the period the average number of employees was 2.