2024-01-01 10822549 2024-12-31 10822549 2024-01-01 2024-12-31 10822549 2023-12-31 10822549 2023-01-01 2023-12-31 10822549 uk-core:WithinOneYear 2023-12-31 10822549 uk-core:WithinOneYear 2024-12-31 10822549 uk-core:ShareCapital 2024-12-31 10822549 uk-core:ShareCapital 2023-12-31 10822549 uk-core:RevaluationReserve 2024-12-31 10822549 uk-core:RevaluationReserve 2023-12-31 10822549 uk-core:RetainedEarningsAccumulatedLosses 2024-12-31 10822549 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 10822549 uk-bus:Director1 2024-01-01 2024-12-31 10822549 uk-core:ComputerEquipment 2023-12-31 10822549 uk-core:CommercialMotorVehicles 2023-12-31 10822549 uk-core:CommercialMotorVehicles 2024-12-31 10822549 uk-core:ComputerEquipment 2024-12-31 10822549 uk-core:ComputerEquipment 2024-01-01 2024-12-31 10822549 uk-core:CommercialMotorVehicles 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure 10822549 uk-bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 10822549 uk-bus:FRS102 2024-01-01 2024-12-31 10822549 uk-bus:FilletedAccounts 2024-01-01 2024-12-31 10822549 uk-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31
Optima Executive Limited
Registered Number:10822549
For the year ended 31 December 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2024
Optima Executive Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
10822549
As at 31 December 2024
Optima Executive Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
12,385
16,514
2
3
320,158
570,158
Investment property
332,543
586,672
Current assets
Trade and other receivables
147,444
135,540
4
8,990
Cash and cash equivalents
9,152
144,692
156,434
Trade and other payables: amounts falling due within one
year
(798,527)
(577,902)
5
(642,093)
(433,210)
Net current liabilities
Total assets less current liabilities
(100,667)
(55,421)
-
(8,514)
Provisions for liabilities
(100,667)
Net liabilities
(63,935)
Capital and reserves
Called up share capital
800
800
Revaluation reserve
-
36,294
Retained earnings
(101,467)
(101,029)
(100,667)
(63,935)
Shareholders' funds
For the year ended 31 December 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Richard John Morrissey Director
These financial statements were approved and authorised for issue by the Board on 15 May 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 December 2024
Optima Executive Limited
Notes to the Financial Statements
Statutory Information
Optima Executive Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 10822549.
Registered address:
Unit 3 & 4 Royson Way
Hurn Road
Dereham
Norfolk
NR19 1WD
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
2. Property, plant and equipment
Total
Computer
Equipment
Plant and
Machinery
£
£
£
Cost or
valuation
At 01 January 2024
34,922
4,592
30,330
At 31 December 2024
30,330
4,592
34,922
Provision for depreciation and impairment
At 01 January 2024
18,408
1,628
16,780
Charge for year
4,129
741
3,388
At 31 December 2024
22,537
2,369
20,168
At 31 December 2024
Net book value
10,162
2,223
12,385
At 31 December 2023
13,550
2,964
16,514
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5
For the year ended 31 December 2024
Optima Executive Limited
Notes to the Financial Statements Continued
3. Investment property
Total
£
Fair value
At 01 January 2024
570,158
Disposals
(250,000)
At 31 December 2024
320,158
Net book value
At 31 December 2024
320,158
At 31 December 2023
570,158
4. Trade and other receivables
2023
2024
£
£
Trade debtors
135,000
147,000
Other debtors
540
444
147,444
135,540
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
1,101
1,395
Taxation and social security
40,911
29,422
Other creditors
535,890
767,710
577,902
798,527
6. Average number of persons employed
During the year the average number of employees was 2 (2023 : 2)
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