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REGISTERED NUMBER: 10265481 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

OCTAMIS LIMITED

OCTAMIS LIMITED (REGISTERED NUMBER: 10265481)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


OCTAMIS LIMITED

COMPANY INFORMATION
for the Year Ended 31 July 2024







DIRECTORS: P R Adams
O E Lauret





REGISTERED OFFICE: 2 Connaught Way
Tunbridge Wells
TN4 9QJ





REGISTERED NUMBER: 10265481 (England and Wales)





ACCOUNTANTS: Oury Clark Chartered Accountants
Herschel House
58 Herschel Street
Slough
Berkshire
SL1 1PG

OCTAMIS LIMITED (REGISTERED NUMBER: 10265481)

BALANCE SHEET
31 July 2024

31.7.24 31.7.23
Notes £    £    £   
FIXED ASSETS
Investments 4 973 973

CURRENT ASSETS
Debtors 5 635,301 614,808
Cash at bank 901,482 1,078,737
1,536,783 1,693,545
CREDITORS
Amounts falling due within one year 6 804,949 1,097,942
NET CURRENT ASSETS 731,834 595,603
TOTAL ASSETS LESS CURRENT
LIABILITIES

732,807

596,576

CREDITORS
Amounts falling due after more than one year 7 13,949 24,111
NET ASSETS 718,858 572,465

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 718,857 572,464
SHAREHOLDERS' FUNDS 718,858 572,465

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

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

OCTAMIS LIMITED (REGISTERED NUMBER: 10265481)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 April 2025 and were signed on its behalf by:





P R Adams - Director


OCTAMIS LIMITED (REGISTERED NUMBER: 10265481)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

Octamis 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.

Preparation of consolidated financial statements
The financial statements contain information about Octamis Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost less any provision for impairment.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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 year 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.

OCTAMIS LIMITED (REGISTERED NUMBER: 10265481)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 July 2024

2. ACCOUNTING POLICIES - continued

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 August 2023
and 31 July 2024 23,429
PROVISIONS
At 1 August 2023
and 31 July 2024 22,456
NET BOOK VALUE
At 31 July 2024 973
At 31 July 2023 973

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Octamis Gmbh
Registered office: Outside of the United Kingdom
Nature of business: Consulting Services
%
Class of shares: holding
Ordinary 100.00

Octamis Consulting Limited
Registered office: Inside the United Kingdom
Nature of business: Consulting Services
%
Class of shares: holding
Ordinary 100.00

Octamis SASU
Registered office: Outside of the United Kingdom
Nature of business: Consulting Services
%
Class of shares: holding
Ordinary 100.00

OCTAMIS LIMITED (REGISTERED NUMBER: 10265481)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 July 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 351,913 264,371
Amounts owed by group undertakings 175,807 241,030
Other debtors 107,581 109,407
635,301 614,808

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans and overdrafts 10,162 9,911
Trade creditors 55,057 7,786
Amounts owed to group undertakings 475,160 454,487
Taxation and social security 77,750 62,620
Other creditors & accruals 186,820 563,138
804,949 1,097,942

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.24 31.7.23
£    £   
Bank loans 13,949 24,111

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.24 31.7.23
value: £    £   
100 Ordinary £0.01 1 1