2024-01-01 13016904 2024-12-31 13016904 2024-01-01 2024-12-31 13016904 2023-12-31 13016904 2023-01-01 2023-12-31 13016904 uk-core:WithinOneYear 2023-12-31 13016904 uk-core:WithinOneYear 2024-12-31 13016904 uk-core:ShareCapital 2024-12-31 13016904 uk-core:ShareCapital 2023-12-31 13016904 uk-core:RetainedEarningsAccumulatedLosses 2024-12-31 13016904 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 13016904 uk-bus:Director1 2024-01-01 2024-12-31 13016904 uk-core:PlantMachinery 2024-01-01 2024-12-31 13016904 uk-core:FurnitureFittings 2024-01-01 2024-12-31 13016904 uk-core:PlantMachinery 2024-12-31 13016904 uk-core:FurnitureFittings 2024-12-31 iso4217:GBP xbrli:pure 13016904 uk-bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 13016904 uk-bus:FRS102 2024-01-01 2024-12-31 13016904 uk-bus:FilletedAccounts 2024-01-01 2024-12-31 13016904 uk-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31
Optimum ELITE Ltd
Registered Number:13016904
For the year ended 31 December 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2024
Optimum ELITE Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
13016904
As at 31 December 2024
Optimum ELITE Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
18,792
-
2
18,792
-
Current assets
Trade and other receivables
5,185
8,406
3
1,995
Cash and cash equivalents
4,130
12,536
7,180
Trade and other payables: amounts falling due within one
year
(6,450)
(56,610)
4
730
(44,074)
Net current liabilities
Total assets less current liabilities
(25,282)
730
(25,282)
Net assets/liabilities
730
Capital and reserves
Called up share capital
1,000
1,000
Retained earnings
(26,282)
(270)
(25,282)
730
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 directors acknowledge their 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 A J Stone Director
These financial statements were approved and authorised for issue by the Board on 26 June 2025 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 December 2024
Optimum ELITE Ltd
Notes to the Financial Statements
Statutory Information
Optimum ELITE Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 13016904.
Registered address:
Unit P2 Sheffield Airport Business Park
Europa Link
Sheffield
S9 1XU
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.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
10% Straight line
20% Straight line
Furniture and Fittings
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.
2. Property, plant and equipment
Total
Furniture and
Fittings
Plant and
Machinery
£
£
£
Cost or
valuation
21,015
1,215
19,800
Additions
At 31 December 2024
19,800
1,215
21,015
Provision for depreciation and impairment
Charge for year
2,223
243
1,980
At 31 December 2024
2,223
243
1,980
At 31 December 2024
Net book value
17,820
972
18,792
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5
For the year ended 31 December 2024
Optimum ELITE Ltd
Notes to the Financial Statements Continued
3. Trade and other receivables
2023
2024
£
£
Trade debtors
1,428
4,185
Other debtors
6,978
1,000
5,185
8,406
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
-
30
Other creditors
56,610
6,420
56,610
6,450
5. Average number of persons employed
During the year the average number of employees was 0
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