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Company Registration No. 15517170 (England and Wales)
Opticoms Solutions Ltd Unaudited accounts for the period from 23 February 2024 to 28 February 2025
Opticoms Solutions Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Opticoms Solutions Ltd Company Information for the period from 23 February 2024 to 28 February 2025
Directors
Alex Brown Thomas King
Company Number
15517170 (England and Wales)
Registered Office
Office 8 McMillan House 6 Wolfreton Drive, Anlaby Hull North Humberside HU10 7BY England
Accountants
Westlands Chartered Accountants McMillan House 6 Wolfreton Drive Anlaby East Riding of Yorkshire HU10 7BY
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Opticoms Solutions Ltd Statement of financial position as at 28 February 2025
2025
Notes
£
Fixed assets
Tangible assets
4
25,188
Current assets
Cash at bank and in hand
15,084
Creditors: amounts falling due within one year
5
(3,636)
Net current assets
11,448
Total assets less current liabilities
36,636
Creditors: amounts falling due after more than one year
6
(20,507)
Net assets
16,129
Capital and reserves
Called up share capital
2
Profit and loss account
16,127
Shareholders' funds
16,129
For the period ending 28 February 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 17 March 2025 and were signed on its behalf by
Alex Brown Director Company Registration No. 15517170
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Opticoms Solutions Ltd Notes to the Accounts for the period from 23 February 2024 to 28 February 2025
1
Statutory information
Opticoms Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 15517170. The registered office is Office 8, McMillan House, 6 Wolfreton Drive, Anlaby, Hull, North Humberside, HU10 7BY, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% Reducing balance
Motor vehicles
15% Reducing balance
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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Opticoms Solutions Ltd Notes to the Accounts for the period from 23 February 2024 to 28 February 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
£
£
£
Cost or valuation
At cost
At cost
At 23 February 2024
-
-
-
Additions
7,825
23,660
31,485
At 28 February 2025
7,825
23,660
31,485
Depreciation
Charge for the period
1,173
5,124
6,297
At 28 February 2025
1,173
5,124
6,297
Net book value
At 28 February 2025
6,652
18,536
25,188
5
Creditors: amounts falling due within one year
2025
£
VAT
2,208
Taxes and social security
689
Loans from directors
139
Accruals
600
3,636
6
Creditors: amounts falling due after more than one year
2025
£
Other creditors
20,507
7
Controlling party
The company is under the control of Mr A Brown and Mr T King, with no party having overall control.
8
Average number of employees
During the period the average number of employees was 2.
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