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Registered number: 2474177
Options Management Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 2474177
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 483,793 567,079
Investments 5 10,093 10,093
493,886 577,172
CURRENT ASSETS
Stocks 6 547,794 601,327
Debtors 7 1,578,023 1,116,839
Cash at bank and in hand 1,952,087 1,598,550
4,077,904 3,316,716
Creditors: Amounts Falling Due Within One Year 8 (3,193,592 ) (2,509,943 )
NET CURRENT ASSETS (LIABILITIES) 884,312 806,773
TOTAL ASSETS LESS CURRENT LIABILITIES 1,378,198 1,383,945
Creditors: Amounts Falling Due After More Than One Year 9 (218,195 ) (425,441 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 11 (120,948 ) (141,770 )
NET ASSETS 1,039,055 816,734
CAPITAL AND RESERVES
Called up share capital 12 7,500 7,500
Profit and Loss Account 1,031,555 809,234
SHAREHOLDERS' FUNDS 1,039,055 816,734
Page 1
Page 2
For the year ending 31 March 2025 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr P T Ure
Director
22/06/2025
The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Options Management Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 2474177 . The registered office is Options House, Maries Way, Silverdale Business Park, Newcastle-under-Lyme, Staffordshire, ST5 6PA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold Straighlt line over 20 years
Plant & Machinery 25% on cost and 5% on cost
Motor Vehicles 25% on cost and 5% on cost
Computer Equipment 25% on cost and 5% on cost
When vending machines are removed from sites then additional depreciation is provided to reduce the carrying value of those machines to nil.
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
Page 3
Page 4
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. 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 recognsied 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 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 and that are expected to apply to the reversal of the timing difference. 
Unrelived 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 or deferred tax liabilities or other future taxable profits. 
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.8. Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 50 (2024: 40)
50 40
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2024 24,560 681,327 402,573 218,039 1,326,499
Additions - 146,575 6,200 69,247 222,022
Disposals - (152,460 ) (66,122 ) (300 ) (218,882 )
As at 31 March 2025 24,560 675,442 342,651 286,986 1,329,639
...CONTINUED
Page 4
Page 5
Depreciation
As at 1 April 2024 24,560 296,472 262,153 176,235 759,420
Provided during the period - 220,803 54,771 19,783 295,357
Disposals - (142,509 ) (66,122 ) (300 ) (208,931 )
As at 31 March 2025 24,560 374,766 250,802 195,718 845,846
Net Book Value
As at 31 March 2025 - 300,676 91,849 91,268 483,793
As at 1 April 2024 - 384,855 140,420 41,804 567,079
5. Investments
Subsidiaries
£
Cost
As at 1 April 2024 10,093
As at 31 March 2025 10,093
Provision
As at 1 April 2024 -
As at 31 March 2025 -
Net Book Value
As at 31 March 2025 10,093
As at 1 April 2024 10,093
6. Stocks
2025 2024
£ £
Stock 547,794 601,327
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 786,172 808,435
Amounts owed by group undertakings 394,106 176,917
Other debtors 397,745 131,487
1,578,023 1,116,839
Page 5
Page 6
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 80,763 87,060
Trade creditors 1,938,747 1,653,096
Bank loans and overdrafts 41,667 41,667
Other loans 105,860 100,000
Amounts owed to group undertakings 263,459 190,628
Other creditors 546,968 264,524
Taxation and social security 216,128 172,968
3,193,592 2,509,943
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 86,306 147,143
Bank loans 19,412 60,327
Other loans 112,477 217,971
218,195 425,441
10. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 80,763 87,060
Later than one year and not later than five years 86,306 147,143
167,069 234,203
167,069 234,203
11. Deferred Taxation
The provision for deferred tax is made up as follows:
2025 2024
£ £
Other timing differences 120,948 141,770
12. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 7,500 7,500
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13. Related Party Transactions
In previous years the company had received loans from the directors' pension fund. The total balance owing to the pension fund at the year end was £218,337 (2024 £317,971). The company occupies premises owned by the pension fund and the rent payable during the year to the pension fund in accordance with the terms of the lease was £64,633 (2024 £64,633).
The company has lent money to its subsidiary company, Options Management T/a Boxlogix Ltd. The balance outstanding at the end of the year was £394,106 (2024 £176,917).
The company has borrowed money from another subsidiary company, Refreshing Options To Go Ltd. The balance outstanding at the end of the year was £243,733 (2024 £190,628).
Page 7