Registered number
12954625
OPTIMUM SPORTS ACADEMY CIC
Report and Accounts
31 October 2024
OPTIMUM SPORTS ACADEMY CIC
Profit and Loss Account
for the year ended 31 October 2024
2024 2023
£ £
Turnover 49,705 40,258
Cost of sales (32,656) (27,460)
Gross profit 17,049 12,798
Administrative expenses (12,782) (5,165)
Operating profit 4,267 7,633
Profit before taxation 4,267 7,633
Tax on profit (811) (1,191)
Profit for the financial year 3,456 6,442
OPTIMUM SPORTS ACADEMY CIC
Registered number: 12954625
Balance Sheet
as at 31 October 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 1,365 1,365
Current assets
Debtors 4 732 732
Cash at bank and in hand 13,771 10,315
14,503 11,047
Creditors: amounts falling due within one year 5 (1,606) (1,606)
Net current assets 12,897 9,441
Net assets 14,262 10,806
Capital and reserves
Profit and loss account 14,262 10,806
Shareholder's funds 14,262 10,806
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
G J BOURNOUS, R MCLEAN-THORNE
Director
Approved by the board on 18 March 2025
OPTIMUM SPORTS ACADEMY CIC
Notes to the Accounts
for the year ended 31 October 2024
1 Accounting policies
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 November 2023 1,365
At 31 October 2024 1,365
Depreciation
At 31 October 2024 -
Net book value
At 31 October 2024 1,365
At 31 October 2023 1,365
4 Debtors 2024 2023
£ £
Other debtors 732 732
5 Creditors: amounts falling due within one year 2024 2023
£ £
Other creditors 1,606 1,606
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