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REGISTERED NUMBER: 04079319 (England and Wales)















OPTIMA GRAPHIC DESIGN CONSULTANTS
LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024






OPTIMA GRAPHIC DESIGN CONSULTANTS
LIMITED (REGISTERED NUMBER: 04079319)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3 to 5


OPTIMA GRAPHIC DESIGN CONSULTANTS
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: S C Shaw
T M Shaw





SECRETARY: T M Shaw





REGISTERED OFFICE: The Duke of Wellington
37 Broadgate
Lincoln
Lincolnshire
LN2 5AE





REGISTERED NUMBER: 04079319 (England and Wales)





ACCOUNTANTS: Duncan & Toplis Limited
14 London Road
Newark
Nottinghamshire
NG24 1TW

OPTIMA GRAPHIC DESIGN CONSULTANTS
LIMITED (REGISTERED NUMBER: 04079319)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Property, plant and equipment 4 128,772 68,504

CURRENT ASSETS
Debtors 5 327,366 307,310
Cash at bank and in hand 320,181 330,347
647,547 637,657
CREDITORS
Amounts falling due within one year 6 250,985 286,195
NET CURRENT ASSETS 396,562 351,462
TOTAL ASSETS LESS CURRENT LIABILITIES 525,334 419,966

CREDITORS
Amounts falling due after more than one year 7 (26,905 ) -

PROVISIONS FOR LIABILITIES (4,640 ) (2,873 )
NET ASSETS 493,789 417,093

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 493,787 417,091
SHAREHOLDERS' FUNDS 493,789 417,093

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

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 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.

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 16 May 2025 and were signed on its behalf by:





S C Shaw - Director


OPTIMA GRAPHIC DESIGN CONSULTANTS
LIMITED (REGISTERED NUMBER: 04079319)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

Optima Graphic Design Consultants 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.

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.

Revenue
Revenue is measured at fair value of consideration received or receivable, excluding discounts, rebates, value added tax and any other sales taxes.

Revenue primarily represents sale of services and is recognised when the risks and rewards of ownership have passed to the buyer (usually on fulfilment of contract), the amount of revenue can be measured reliably, it is probable the the economic benefits associated with the transaction will flow to the entity and the costs incurred, or to be incurred, in respect of the transaction can be measure reliably.

Property, plant and equipment
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance
Office equipment - 25% on reducing balance

Property, plant and equipment are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position 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.

OPTIMA GRAPHIC DESIGN CONSULTANTS
LIMITED (REGISTERED NUMBER: 04079319)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's scheme are charged to profit or loss in the period to which they relate.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the Statement of Financial Performance. 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 27 (2023 - 26 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Motor Office
vehicles equipment Totals
£    £    £   
COST
At 1 January 2024 66,253 88,698 154,951
Additions 90,715 26,974 117,689
Disposals (52,800 ) (49,533 ) (102,333 )
At 31 December 2024 104,168 66,139 170,307
DEPRECIATION
At 1 January 2024 42,505 43,942 86,447
Charge for year 6,740 10,278 17,018
Eliminated on disposal (34,727 ) (27,203 ) (61,930 )
At 31 December 2024 14,518 27,017 41,535
NET BOOK VALUE
At 31 December 2024 89,650 39,122 128,772
At 31 December 2023 23,748 44,756 68,504


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 298,227 282,778
Other debtors 29,139 24,532
327,366 307,310

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 13,087 -
Trade creditors 52,396 45,196
Amounts owed to group undertakings 13,582 69,947
Taxation and social security 104,251 105,575
Other creditors 67,669 65,477
250,985 286,195

OPTIMA GRAPHIC DESIGN CONSULTANTS
LIMITED (REGISTERED NUMBER: 04079319)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 26,905 -

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary 1 2 2