Company registration number:
SC604341
Optical Studio Ltd
Trading as
Optical Studio Ltd
Unaudited filleted financial statements
31 August 2024
Optical Studio Ltd
Contents
Directors and other information
Accountants report
Statement of financial position and notes to the financial statements
Optical Studio Ltd
Directors and other information
|
|
|
|
Directors |
Mohammad Adeel Arshad |
|
|
Usman Raza Aslam |
|
|
Omair Shabir |
|
|
|
|
|
|
|
Company number |
SC604341 |
|
|
|
|
|
|
|
Registered office |
6 Hamilton Way |
|
|
East Whitburn |
|
|
Bathgate |
|
|
EH47 8RA |
|
|
|
|
|
|
|
Accountants |
James Mc Mahon & Co |
|
|
35 Castor Bay Road |
|
|
Lurgan |
|
|
BT67 9LE |
|
|
|
Optical Studio Ltd
Certified public accountants report to the board of directors on the preparation of the
unaudited statutory financial statements of Optical Studio Ltd
Year ended 31 August 2024
As described on the statement of financial position, the directors of the company are responsible for the preparation of the financial statements for the year ended 31 August 2024 which comprise the statement of financial position and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.
James Mc Mahon & Co
Certified Public Accountants
35 Castor Bay Road
Lurgan
BT67 9LE
4 April 2025
Optical Studio Ltd
Statement of financial position
31 August 2024
|
|
|
2024 |
|
|
2023 |
|
|
|
|
£ |
£ |
|
£ |
£ |
|
|
|
|
|
|
|
|
Fixed assets |
|
|
|
3,957 |
|
|
2,209 |
|
|
|
|
_______ |
|
|
_______ |
|
|
|
|
|
|
|
|
Current assets |
|
|
66,822 |
|
|
56,352 |
|
Prepayments and accrued income |
|
|
1,200 |
|
|
1,200 |
|
|
|
|
_______ |
|
|
_______ |
|
|
|
|
|
68,022 |
|
|
57,552 |
|
|
|
|
|
|
|
|
Creditors: amounts falling due within one year |
|
|
|
(
56,035) |
|
|
(
48,727) |
|
|
|
|
_______ |
|
|
_______ |
|
|
|
|
|
|
|
|
Net current assets |
|
|
|
11,987 |
|
|
8,825 |
|
|
|
|
_______ |
|
|
_______ |
|
|
|
|
|
|
|
|
Total assets less current liabilities |
|
|
|
15,944 |
|
|
11,034 |
|
|
|
|
|
|
|
|
Accruals and deferred income |
|
|
|
(
1,650) |
|
|
(
1,550) |
|
|
|
|
|
|
|
|
|
|
|
|
_______ |
|
|
_______ |
Net assets |
|
|
|
14,294 |
|
|
9,484 |
|
|
|
|
_______ |
|
|
_______ |
|
|
|
|
|
|
|
|
Capital and reserves |
|
|
|
14,294 |
|
|
9,484 |
|
|
|
|
_______ |
|
|
_______ |
|
|
|
|
|
|
|
|
Optical Studio Ltd
Year ended 31 August 2024
Notes to the financial statements
1.
Employee numbers
The average number of persons employed by the company during the year amounted to Nil (2023:
5
).
2.
Directors advances, credits and guarantees
|
During the year the directors entered into the following advances and credits with the company: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2024 |
|
|
|
|
|
|
|
|
|
Balance brought forward |
Advances /(credits) to the directors |
Balance o/standing |
|
|
|
|
|
£ |
£ |
£ |
|
|
|
|
Mohammad Adeel Arshad |
(
19,194) |
- |
(
19,194) |
|
|
|
|
Usman Raza Aslam |
6,808 |
(
13,808) |
(
7,000) |
|
|
|
|
Omair Shabir |
(
17,192) |
- |
(
17,192) |
|
|
|
|
|
_______ |
_______ |
_______ |
|
|
|
|
|
(
29,578) |
(
13,808) |
(
43,386) |
|
|
|
|
|
_______ |
_______ |
_______ |
|
|
|
|
|
|
|
|
|
|
|
2023 |
|
|
|
|
|
|
|
|
|
Balance brought forward |
Advances /(credits) to the directors |
Balance o/standing |
|
|
|
|
|
£ |
£ |
£ |
|
|
|
|
Mohammad Adeel Arshad |
(
24,194) |
5,000 |
(
19,194) |
|
|
|
|
Usman Raza Aslam |
7,808 |
(
1,000) |
6,808 |
|
|
|
|
Omair Shabir |
(
22,192) |
5,000 |
(
17,192) |
|
|
|
|
|
_______ |
_______ |
_______ |
|
|
|
|
|
(
38,578) |
9,000 |
(
29,578) |
|
|
|
|
|
_______ |
_______ |
_______ |
|
|
|
|
|
|
|
|
|
|
|
For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
-
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
04 April 2025
, and are signed on behalf of the board by:
Mohammad Adeel Arshad
Mohammad Adeel Arshad
Director
Director
Company registration number:
SC604341
The company is a private company limited by shares, registered in Scotland.