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REGISTERED NUMBER: 06861240 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Opticall Limited

Opticall Limited (Registered number: 06861240)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Opticall Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Satish Pancholi





REGISTERED OFFICE: 21 Victoria Road
Surbiton
Surrey
KT6 4JZ





REGISTERED NUMBER: 06861240 (England and Wales)






Opticall Limited (Registered number: 06861240)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 38,396 35,089

CURRENT ASSETS
Debtors 5 52,520 24,580
Cash at bank 150,534 94,491
203,054 119,071
CREDITORS
Amounts falling due within one year 6 (82,913 ) (82,280 )
NET CURRENT ASSETS 120,141 36,791
TOTAL ASSETS LESS CURRENT
LIABILITIES

158,537

71,880

CREDITORS
Amounts falling due after more than one
year

7

(11,667

)

(21,667

)
NET ASSETS 146,870 50,213

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 146,670 50,013
SHAREHOLDERS' FUNDS 146,870 50,213

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Opticall Limited (Registered number: 06861240)

Balance Sheet - continued
31 March 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 3 December 2024 and were signed by:





Satish Pancholi - Director


Opticall Limited (Registered number: 06861240)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Opticall Limited 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
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant & Machinery etc - 25% Straight Line
Land & Building - Shown at cost - No depreciation

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 7 ) .

Opticall Limited (Registered number: 06861240)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2023 35,089 9,031 44,120
Additions 3,307 - 3,307
At 31 March 2024 38,396 9,031 47,427
DEPRECIATION
At 1 April 2023
and 31 March 2024 - 9,031 9,031
NET BOOK VALUE
At 31 March 2024 38,396 - 38,396
At 31 March 2023 35,089 - 35,089

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 50,742 24,435
Other debtors 1,778 145
52,520 24,580

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 21,488 24,990
Taxation and social security 51,408 46,935
Other creditors 17 355
82,913 82,280

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 11,667 21,667

8. ULTIMATE CONTROLLING PARTY

The controlling party is S Pancholi.