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REGISTERED NUMBER: 14820171 (England and Wales)


















FINANCIAL STATEMENTS

FOR THE PERIOD

21 APRIL 2023 TO 31 JULY 2024

FOR

OPTIMUS COLLECTIVE LTD

OPTIMUS COLLECTIVE LTD (REGISTERED NUMBER: 14820171)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 21 APRIL 2023 TO 31 JULY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


OPTIMUS COLLECTIVE LTD

COMPANY INFORMATION
FOR THE PERIOD 21 APRIL 2023 TO 31 JULY 2024







DIRECTOR: S K Satsavia





REGISTERED OFFICE: Fulford House
Newbold Terrace
Leamington Spa
Warwickshire
CV32 4EA





REGISTERED NUMBER: 14820171 (England and Wales)





ACCOUNTANTS: TGFP
Chartered Accountants
Fulford House
Newbold Terrace
Leamington Spa
Warwickshire
CV32 4EA

OPTIMUS COLLECTIVE LTD (REGISTERED NUMBER: 14820171)

BALANCE SHEET
31 JULY 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 4,317

CURRENT ASSETS
Debtors 5 160,391
Cash at bank 143,919
304,310
CREDITORS
Amounts falling due within one year 6 276,311
NET CURRENT ASSETS 27,999
TOTAL ASSETS LESS CURRENT
LIABILITIES

32,316

CAPITAL AND RESERVES
Called up and paid share capital 1
Retained earnings 32,315
SHAREHOLDERS' FUNDS 32,316

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 July 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 COLLECTIVE LTD (REGISTERED NUMBER: 14820171)

BALANCE SHEET - continued
31 JULY 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 April 2025 and were signed by:





S K Satsavia - Director


OPTIMUS COLLECTIVE LTD (REGISTERED NUMBER: 14820171)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 21 APRIL 2023 TO 31 JULY 2024


1. STATUTORY INFORMATION

Optimus Collective 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 20% on cost

Financial instruments
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amrotised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


OPTIMUS COLLECTIVE LTD (REGISTERED NUMBER: 14820171)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 21 APRIL 2023 TO 31 JULY 2024


2. ACCOUNTING POLICIES - continued
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 period 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 period was 9 .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
Additions 1,579 3,471 5,050
At 31 July 2024 1,579 3,471 5,050
DEPRECIATION
Charge for period 270 463 733
At 31 July 2024 270 463 733
NET BOOK VALUE
At 31 July 2024 1,309 3,008 4,317

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 74,026
Amounts owed by group undertakings 45,827
Other debtors 38,438
Prepayments and accrued income 2,100
160,391

OPTIMUS COLLECTIVE LTD (REGISTERED NUMBER: 14820171)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 21 APRIL 2023 TO 31 JULY 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 10,867
Tax 11,556
Social security and other taxes 4,842
Net wages creditor 5,039
Pension creditor 225
VAT 138,026
Other creditors 103,481
Accruals and deferred income 2,275
276,311