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REGISTERED NUMBER: 08831996 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024

FOR

OPAL FINANCIAL GROUP (UK) LTD

OPAL FINANCIAL GROUP (UK) LTD (REGISTERED NUMBER: 08831996)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024










Page

Balance sheet 1

Notes to the financial statements 2


OPAL FINANCIAL GROUP (UK) LTD (REGISTERED NUMBER: 08831996)

BALANCE SHEET
31 MAY 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Investments 4 200 200

Current assets
Debtors 5 30,150 29,706
Cash at bank 5 6
30,155 29,712
Creditors
Amounts falling due within one year 6 30,061 29,812
Net current assets/(liabilities) 94 (100 )
Total assets less current liabilities 294 100

Capital and reserves
Called up share capital 7 200 200
Retained earnings 94 (100 )
Shareholders' funds 294 100

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

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 Statement of comprehensive income has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 January 2025 and were signed by:





Mr N D Howell - Director


OPAL FINANCIAL GROUP (UK) LTD (REGISTERED NUMBER: 08831996)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024


1. Statutory information

Opal Financial Group (UK) Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 08831996. The registered office is 7 & 8 Church Street, Wimborne, Dorset, BH21 1JH and the business address is The Gables, Red Lane, Sturminster Newton, Dorset, DT10 1HT.

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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Group accounts
The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiaries comprise a small-sized group. The group has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts.

3. Employees and directors

The average number of employees during the year was 1 (2023 - 1 ) .

4. Fixed asset investments
Shares in
group
undertakings
£   
Cost
At 1 June 2023
and 31 May 2024 200
Net book value
At 31 May 2024 200
At 31 May 2023 200

5. Debtors: amounts falling due within one year
2024 2023
£    £   
Amounts owed by group undertakings 30,150 29,706

6. Creditors: amounts falling due within one year
2024 2023
£    £   
Amounts owed to group undertakings 19,230 13,720
Directors' current accounts 10,009 15,270
Accruals and deferred income 822 822
30,061 29,812

OPAL FINANCIAL GROUP (UK) LTD (REGISTERED NUMBER: 08831996)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


7. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
200 Ordinary £1 200 200

8. Ultimate controlling party

The company is controlled by the director, Mr N Howell, by virtue of his 100% holding in the voting share capital of the company.