OPTIMA MANAGEMENT CONSULTANTS LIMITED

Company Registration Number:
08240875 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 01 November 2023

End date: 31 October 2024

OPTIMA MANAGEMENT CONSULTANTS LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2024

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

OPTIMA MANAGEMENT CONSULTANTS LIMITED

Company Information

for the Period Ended 31 October 2024




Director: Dr T N T Jeyendran
Registered office: 25
Oxford Avenue
St. Albans
Hertfordshire
AL1 5NS
Company Registration Number: 08240875 (England and Wales)

OPTIMA MANAGEMENT CONSULTANTS LIMITED

Directors' Report Period Ended 31 October 2024

The directors present their report with the financial statements of the company for the period ended 31 October 2024

Principal Activities

1. Management consultancy activities other than financial management 2. Book-keeping activities 3.Sole trader tax consultancy

Political and charitable donations

1. No contributions to political organisations were made during the year. 2. No charitable donations were made during the current year.

Company policy on the employment of disabled persons

Optima Management Consultants Ltd shall actively ensure that no individual is disadvantaged due to his or her ethnicity, gender, religious affiliation, disability, or sexual orientation.

Directors

The directors shown below have held office during the whole of the period from 01 November 2023 to 31 October 2024
Dr T N T Jeyendran

This report was approved by the board of directors on 16 April 2025
And Signed On Behalf Of The Board By:

Name: Dr T N T Jeyendran
Status: Director

OPTIMA MANAGEMENT CONSULTANTS LIMITED

Balance sheet

As at 31 October 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 1,645 2,014
Total fixed assets: 1,645 2,014
Current assets
Cash at bank and in hand: 19,582 19,651
Total current assets: 19,582 19,651
Creditors: amounts falling due within one year: 5 ( 23,691 ) ( 24,343 )
Net current assets (liabilities): ( 4,109 ) ( 4,692 )
Total assets less current liabilities: ( 2,464 ) ( 2,678 )
Creditors: amounts falling due after more than one year: 6 ( 3,500 ) ( 3,500 )
Total net assets (liabilities): ( 5,964 ) ( 6,178 )

The notes form part of these financial statements

OPTIMA MANAGEMENT CONSULTANTS LIMITED

Balance sheet continued

As at 31 October 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: ( 5,965 ) ( 6,179 )
Shareholders funds: ( 5,964 ) ( 6,178 )

For the year ending 31 October 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 16 April 2025
And Signed On Behalf Of The Board By:

Name: Dr T N T Jeyendran
Status: Director

The notes form part of these financial statements

OPTIMA MANAGEMENT CONSULTANTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    The turnover shown in the profit and loss account represents revenue earned during the period with no VAT.

    Tangible fixed assets depreciation policy

    As a policy, depreciation shall be applied, after taking account of any grants or discounts receivable, at the following annual rates to write off each asset over its estimated useful life.

    i. Freehold buildings 2% on cost or re-valued amounts
    ii. Plant and machinery 15% on cost (WDV)
    iii. Fixtures and fittings 10% on cost (WDV)
    iv. Office / IT equipment 25% on cost (WDV)
    v. Motor vehicles 18% on cost (WDV)

    Intangible fixed assets amortisation policy

    Intangible fixed assets (including purchased goodwill and patents) shall be amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives, not to exceed twenty years. Impairment of intangible assets is only reviewed where circumstance indicate that the carrying value of an asset may not be fully recoverable.

    Valuation information and policy

    1. Intangible fixed assets (including purchased goodwill and patents) shall be amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives, not to exceed twenty years. Impairment of intangible assets is only reviewed where circumstance indicate that the carrying value of an asset may not be fully recoverable.
    2. Inventory of IT-related and other associated stocks that support the principal activities of Optima Management Consultants Ltd. shall be valued at the lower of cost and net realisable value, after making due allowance for obsolescence.

OPTIMA MANAGEMENT CONSULTANTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 0 0

    Optima Management Consultants Ltd do not have any employees.

OPTIMA MANAGEMENT CONSULTANTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 3. Off balance sheet disclosure

    No

OPTIMA MANAGEMENT CONSULTANTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Tangible assets

Office equipment Motor vehicles Total
Cost £ £ £
At 01 November 2023 2,297 8,450 10,747
Additions - - -
Disposals - - -
Revaluations - - -
Transfers - - -
At 31 October 2024 2,297 8,450 10,747
Depreciation
At 01 November 2023 2,210 6,523 8,733
Charge for year 22 347 369
On disposals - - -
Other adjustments - - -
At 31 October 2024 2,232 6,870 9,102
Net book value
At 31 October 2024 65 1,580 1,645
At 31 October 2023 87 1,927 2,014

OPTIMA MANAGEMENT CONSULTANTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

5.Creditors: amounts falling due within one year note


2024
£

2023
£
Other creditors 23,691 24,343
Total 23,691 24,343

OPTIMA MANAGEMENT CONSULTANTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

6.Creditors: amounts falling due after more than one year


2024
£

2023
£
Other creditors 3,500 3,500
Total 3,500 3,500