REGISTERED NUMBER: 03918717 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Optimair Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M J Graham

REGISTERED OFFICE:

The Mills

Canal Street

Derby

Derbyshire

DE1 2RJ

REGISTERED NUMBER:

03918717 (England and Wales)

ACCOUNTANTS:

Bates Weston LLP

Chartered Accountants

The Mills

Canal Street

Derby

DE1 2RJ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

2,373

2,678

2,373

2,678

CURRENT ASSETS

Debtors

6

118,158

38,159

Cash at bank

124

3,198

118,282

41,357

CREDITORS

Amounts falling due within one year

7

127,328

31,667

NET CURRENT (LIABILITIES)/ASSETS

(9,046

)

9,690

TOTAL ASSETS LESS CURRENT LIABILITIES

(6,673

)

12,368

CREDITORS

Amounts falling due after more than one year

8

1,200

8,400

NET (LIABILITIES)/ASSETS

(7,873

)

3,968

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(7,874

)

3,967

SHAREHOLDERS' FUNDS

(7,873

)

3,968

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 December 2025 and were signed by:

M J Graham - Director

1.	STATUTORY INFORMATION

Optimair Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents the sale of goods and value of services provided excluding value added tax, under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due. Where a contract has only partially been completed at the balance sheet date turnover represents the value of the service provided to date based on a proportion of the total expected consideration at completion and is included as amounts recoverable on contracts. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

- 15% on reducing balance

Plant and machinery

- 15% on reducing balance

Motor vehicles

- 25% on reducing balance

Computer equipment

- Straight line over 3 years

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Invoice discounting

The debts discounted are included within trade debtors with a financing limit relating to proceeds received from the invoice discounter included within creditors.

The interest element and other discount charges are recognised within the profit and loss account as they accrue.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

5,000

AMORTISATION

At 1 April 2024

and 31 March 2025

5,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

3,177

1,339

833

8,084

13,433

Additions

-

-

-

974

974

At 31 March 2025

3,177

1,339

833

9,058

14,407

DEPRECIATION

At 1 April 2024

2,011

1,144

798

6,802

10,755

Charge for year

175

30

9

1,065

1,279

At 31 March 2025

2,186

1,174

807

7,867

12,034

NET BOOK VALUE

At 31 March 2025

991

165

26

1,191

2,373

At 31 March 2024

1,166

195

35

1,282

2,678

6.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

82,027

13,130

Director's loan account

26,837

24,837

Prepayments

237

192

109,101

38,159

Amounts falling due after more than one year:

Tax

9,057

-

Aggregate amounts

118,158

38,159

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

8,143

11,662

Advances under invoice

discount arrangements

14,926

2,750

Trade creditors

74,536

3,695

Tax

12,215

4,545

Social security and other taxes

12,949

5,676

Other creditors

2,024

818

Accruals and deferred income

2,535

2,521

127,328

31,667

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

1,200

7,200

Bank loans - 2-5 years

-

1,200

1,200

8,400

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank overdrafts

943

4,462

Advances under invoice

discount arrangements

14,926

2,750

15,869

7,212

Advances under discounting arrangements are secured on various assets of the company by means of a fixed and floating charge.

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The director maintains a loan account with the company. At the balance sheet, the amount owing from the director is shown in the debtors note. The amount is interest free and repayable upon demand,