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REGISTERED NUMBER: 06504229 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1ST APRIL 2023 TO 30TH MARCH 2024

FOR

OPTIMA BEDDING LIMITED

OPTIMA BEDDING LIMITED (REGISTERED NUMBER: 06504229)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1ST APRIL 2023 TO 30TH MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


OPTIMA BEDDING LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1ST APRIL 2023 TO 30TH MARCH 2024







DIRECTORS: R A Fleet
Mrs R A Fleet





REGISTERED OFFICE: 3 Shropshire Close
Woolston
Warrington
Cheshire
WA1 4DY





REGISTERED NUMBER: 06504229 (England and Wales)





ACCOUNTANTS: Hunter Healey Limited
Abacus House
450 Warrington Road
Culcheth
Warrington
Cheshire
WA3 5QX

OPTIMA BEDDING LIMITED (REGISTERED NUMBER: 06504229)

BALANCE SHEET
30TH MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 219 290

CURRENT ASSETS
Stocks 37,006 47,563
Debtors 5 3,459 5,463
Cash at bank and in hand 6,794 26,483
47,259 79,509
CREDITORS
Amounts falling due within one year 6 58,211 66,282
NET CURRENT (LIABILITIES)/ASSETS (10,952 ) 13,227
TOTAL ASSETS LESS CURRENT
LIABILITIES

(10,733

)

13,517

CREDITORS
Amounts falling due after more than
one year

7

8,800

13,200
NET (LIABILITIES)/ASSETS (19,533 ) 317

OPTIMA BEDDING LIMITED (REGISTERED NUMBER: 06504229)

BALANCE SHEET - continued
30TH MARCH 2024

2024 2023
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (19,633 ) 217
SHAREHOLDERS' FUNDS (19,533 ) 317

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30th March 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30th March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13th March 2025 and were signed on its behalf by:





R A Fleet - Director


OPTIMA BEDDING LIMITED (REGISTERED NUMBER: 06504229)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1ST APRIL 2023 TO 30TH MARCH 2024

1. STATUTORY INFORMATION

Optima Bedding 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
Turnover 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 and machinery - 15% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on cost
Computer equipment - 33% on cost

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 period was 1 (2023 - 1 ) .

OPTIMA BEDDING LIMITED (REGISTERED NUMBER: 06504229)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1ST APRIL 2023 TO 30TH MARCH 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1st April 2023
and 30th March 2024 127 1,204 13,314 1,428 16,073
DEPRECIATION
At 1st April 2023 116 925 13,314 1,428 15,783
Charge for period 1 70 - - 71
At 30th March 2024 117 995 13,314 1,428 15,854
NET BOOK VALUE
At 30th March 2024 10 209 - - 219
At 31st March 2023 11 279 - - 290

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
2024 2023
£    £   
Trade debtors 2,557 5,463
Other debtors 902 -
3,459 5,463

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
2024 2023
£    £   
Bank loans and overdrafts 4,800 4,800
Trade creditors 665 4,085
Taxation and social security 23,453 25,286
Other creditors 29,293 32,111
58,211 66,282

OPTIMA BEDDING LIMITED (REGISTERED NUMBER: 06504229)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1ST APRIL 2023 TO 30TH MARCH 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE
THAN ONE YEAR
2024 2023
£    £   
Bank loans 8,800 13,200