Acorah Software Products - Accounts Production 16.6.950 false true 30 June 2024 1 July 2023 false 1 July 2024 30 June 2025 30 June 2025 SC202196 D N Craik A J Harvie iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC202196 2024-06-30 SC202196 2025-06-30 SC202196 2024-07-01 2025-06-30 SC202196 frs-core:CurrentFinancialInstruments 2025-06-30 SC202196 frs-core:FurnitureFittings 2025-06-30 SC202196 frs-core:FurnitureFittings 2024-07-01 2025-06-30 SC202196 frs-core:FurnitureFittings 2024-06-30 SC202196 frs-core:PlantMachinery 2025-06-30 SC202196 frs-core:PlantMachinery 2024-07-01 2025-06-30 SC202196 frs-core:PlantMachinery 2024-06-30 SC202196 frs-core:SharePremium 2025-06-30 SC202196 frs-core:ShareCapital 2025-06-30 SC202196 frs-core:RetainedEarningsAccumulatedLosses 2025-06-30 SC202196 frs-bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 SC202196 frs-bus:FilletedAccounts 2024-07-01 2025-06-30 SC202196 frs-bus:SmallEntities 2024-07-01 2025-06-30 SC202196 frs-bus:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 SC202196 frs-bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 SC202196 frs-bus:Director1 2024-07-01 2025-06-30 SC202196 frs-bus:Director2 2024-07-01 2025-06-30 SC202196 frs-countries:Scotland 2024-07-01 2025-06-30 SC202196 2023-06-30 SC202196 2024-06-30 SC202196 2023-07-01 2024-06-30 SC202196 frs-core:CurrentFinancialInstruments 2024-06-30 SC202196 frs-core:SharePremium 2024-06-30 SC202196 frs-core:ShareCapital 2024-06-30 SC202196 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30
Registered number: SC202196
Optima Financial Services Ltd.
Unaudited Financial Statements
For The Year Ended 30 June 2025
Infinity Partnership
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC202196
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,650 3,019
1,650 3,019
CURRENT ASSETS
Debtors 5 322,273 315,937
Cash at bank and in hand 235,372 100,532
557,645 416,469
Creditors: Amounts Falling Due Within One Year 6 (424,557 ) (258,659 )
NET CURRENT ASSETS (LIABILITIES) 133,088 157,810
TOTAL ASSETS LESS CURRENT LIABILITIES 134,738 160,829
PROVISIONS FOR LIABILITIES
Deferred Taxation (413 ) (456 )
NET ASSETS 134,325 160,373
CAPITAL AND RESERVES
Called up share capital 7 22,718 22,718
Share premium account 21,976 21,976
Profit and Loss Account 89,631 115,679
SHAREHOLDERS' FUNDS 134,325 160,373
Page 1
Page 2
For the year ending 30 June 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
D N Craik
Director
14th November 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Optima Financial Services Ltd. is a private company, limited by shares, incorporated in Scotland, registered number SC202196 . The registered office is 2 Bon Accord Square, Aberdeen, AB11 6DJ.
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, excluding discounts, rebates, value
added tax and other sales taxes.
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 the following annual rates in order to write off each asset over its estimated useful life or, if
held under a finance lease, over the lease term, whichever is the shorter:
Plant & Machinery 25% reducing balance
Fixtures & Fittings 25% reducing balance
2.4. 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 balance sheet date.
Deferred tax
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 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.
3. Average Number of Employees
Average number of employees, including directors, during the period was 9 (2024: 9)
9 9
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 July 2024 84,976 16,996 101,972
Additions 509 - 509
Disposals (76,878 ) (16,135 ) (93,013 )
As at 30 June 2025 8,607 861 9,468
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 July 2024 82,193 16,760 98,953
Provided during the period 824 59 883
Disposals (75,946 ) (16,072 ) (92,018 )
As at 30 June 2025 7,071 747 7,818
Net Book Value
As at 30 June 2025 1,536 114 1,650
As at 1 July 2024 2,783 236 3,019
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 61,255 18,000
Other debtors 261,018 297,937
322,273 315,937
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 13,535 15,067
Amounts owed to group undertakings 250,000 100,000
Other creditors 51,035 53,319
Taxation and social security 109,987 90,273
424,557 258,659
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 22,718 22,718
Page 4