IRIS Accounts Production v25.1.3.33 14653081 Board of Directors 1.3.24 28.2.25 28.2.25 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh146530812024-02-29146530812025-02-28146530812024-03-012025-02-28146530812023-02-08146530812023-02-092024-02-29146530812024-02-2914653081ns15:EnglandWales2024-03-012025-02-2814653081ns14:PoundSterling2024-03-012025-02-2814653081ns10:Director12024-03-012025-02-2814653081ns10:PrivateLimitedCompanyLtd2024-03-012025-02-2814653081ns10:SmallEntities2024-03-012025-02-2814653081ns10:AuditExempt-NoAccountantsReport2024-03-012025-02-2814653081ns10:SmallCompaniesRegimeForDirectorsReport2024-03-012025-02-2814653081ns10:SmallCompaniesRegimeForAccounts2024-03-012025-02-2814653081ns10:FullAccounts2024-03-012025-02-2814653081ns10:Director22024-03-012025-02-2814653081ns10:RegisteredOffice2024-03-012025-02-2814653081ns5:CurrentFinancialInstruments2025-02-2814653081ns5:CurrentFinancialInstruments2024-02-2914653081ns5:Non-currentFinancialInstruments2025-02-2814653081ns5:Non-currentFinancialInstruments2024-02-2914653081ns5:ShareCapital2025-02-2814653081ns5:ShareCapital2024-02-2914653081ns5:RetainedEarningsAccumulatedLosses2025-02-2814653081ns5:RetainedEarningsAccumulatedLosses2024-02-2914653081ns5:MotorVehicles2024-03-012025-02-2814653081ns5:MotorVehicles2024-02-2914653081ns5:MotorVehicles2025-02-2814653081ns5:MotorVehicles2024-02-2914653081ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-02-2914653081ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-03-012025-02-2814653081ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2025-02-2814653081ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-02-2914653081ns5:WithinOneYearns5:CurrentFinancialInstruments2025-02-2814653081ns5:WithinOneYearns5:CurrentFinancialInstruments2024-02-29
REGISTERED NUMBER: 14653081 (England and Wales)










Unaudited Financial Statements

for the Year Ended 28 February 2025

for

Optic Fibre Networks U.K. Ltd

Optic Fibre Networks U.K. Ltd (Registered number: 14653081)






Contents of the Financial Statements
for the Year Ended 28 February 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Optic Fibre Networks U.K. Ltd

Company Information
for the Year Ended 28 February 2025







DIRECTORS: Mr N L Monaghan
Mr P H Cammidge





REGISTERED OFFICE: 18 Wesley Street
Castleford
West Yorkshire
WF10 1AE





REGISTERED NUMBER: 14653081 (England and Wales)





ACCOUNTANTS: AccountsAide
18 Wesley Street
Castleford
West Yorkshire
WF10 1AE

Optic Fibre Networks U.K. Ltd (Registered number: 14653081)

Balance Sheet
28 February 2025

28.2.25 29.2.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 7,497 11,246

CURRENT ASSETS
Debtors 5 41,934 36,914
Cash at bank 45,672 6,182
87,606 43,096
CREDITORS
Amounts falling due within one year 6 39,802 30,176
NET CURRENT ASSETS 47,804 12,920
TOTAL ASSETS LESS CURRENT
LIABILITIES

55,301

24,166

CREDITORS
Amounts falling due after more than one
year

7

-

3,038
NET ASSETS 55,301 21,128

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 55,299 21,126
SHAREHOLDERS' FUNDS 55,301 21,128

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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.

Optic Fibre Networks U.K. Ltd (Registered number: 14653081)

Balance Sheet - continued
28 February 2025


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 27 May 2025 and were signed on its behalf by:





Mr N L Monaghan - Director


Optic Fibre Networks U.K. Ltd (Registered number: 14653081)

Notes to the Financial Statements
for the Year Ended 28 February 2025

1. STATUTORY INFORMATION

Optic Fibre Networks U.K. 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.

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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Motor vehicles - 25% on cost

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

Optic Fibre Networks U.K. Ltd (Registered number: 14653081)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

4. TANGIBLE FIXED ASSETS
Motor
vehicles
£   
COST
At 1 March 2024
and 28 February 2025 14,995
DEPRECIATION
At 1 March 2024 3,749
Charge for year 3,749
At 28 February 2025 7,498
NET BOOK VALUE
At 28 February 2025 7,497
At 29 February 2024 11,246

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 March 2024
and 28 February 2025 14,995
DEPRECIATION
At 1 March 2024 3,749
Charge for year 3,749
At 28 February 2025 7,498
NET BOOK VALUE
At 28 February 2025 7,497
At 29 February 2024 11,246

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Trade debtors 13,735 7,780
Other debtors 28,199 29,134
41,934 36,914

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Hire purchase contracts 3,038 3,333
Taxation and social security 24,256 15,082
Other creditors 12,508 11,761
39,802 30,176

Optic Fibre Networks U.K. Ltd (Registered number: 14653081)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.25 29.2.24
£    £   
Hire purchase contracts - 3,038