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REGISTERED NUMBER: 11195748 (England and Wales)


Financial Statements for the Year Ended 29 February 2024

for

Optimus Trading Services Ltd

Optimus Trading Services Ltd (Registered number: 11195748)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Optimus Trading Services Ltd

Company Information
for the Year Ended 29 February 2024







DIRECTOR: Ms Meghna Surdip Pal





REGISTERED OFFICE: 3 Wern Road
Landore
Swansea
SA1 2PA





REGISTERED NUMBER: 11195748 (England and Wales)





ACCOUNTANTS: Sterling Accounting Services Limited
Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD

Optimus Trading Services Ltd (Registered number: 11195748)

Statement of Financial Position
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 34,650 25,261

CURRENT ASSETS
Stocks 78,501 57,934
Debtors 5 134,267 119,186
Cash at bank and in hand 12,204 13,901
224,972 191,021
CREDITORS
Amounts falling due within one year 6 27,151 42,510
NET CURRENT ASSETS 197,821 148,511
TOTAL ASSETS LESS CURRENT
LIABILITIES

232,471

173,772

CREDITORS
Amounts falling due after more than one
year

7

189,295

123,850
NET ASSETS 43,176 49,922

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 43,076 49,822
SHAREHOLDERS' FUNDS 43,176 49,922

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Optimus Trading Services Ltd (Registered number: 11195748)

Statement of Financial Position - continued
29 February 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 November 2024 and were signed by:





Ms Meghna Surdip Pal - Director


Optimus Trading Services Ltd (Registered number: 11195748)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Optimus Trading Services Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net sales of invoiced goods and services excluding Value Added Tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023 49,850
Additions 20,898
At 29 February 2024 70,748
DEPRECIATION
At 1 March 2023 24,589
Charge for year 11,509
At 29 February 2024 36,098
NET BOOK VALUE
At 29 February 2024 34,650
At 28 February 2023 25,261

Optimus Trading Services Ltd (Registered number: 11195748)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 133,819 118,921
Other debtors 448 265
134,267 119,186

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade creditors 10,741 11,761
Taxation and social security 12,564 7,185
Other creditors 3,846 23,564
27,151 42,510

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
29.2.24 28.2.23
£    £   
Bank loans 189,295 123,850

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.2.24 28.2.23
value: £    £   
100 Ordinary £1 100 100

9. RELATED PARTY DISCLOSURES

During the year, the Company has paid rent of £12,000 in respect of use of business property owned by the director.