REGISTERED NUMBER: 11243532 (England and Wales)

Optimise Creative Print Solutions Ltd

Unaudited financial statements

for the year ended 31 March 2025

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

Director:

L Conoley

Registered office:

5 Merchant Square

London

W2 1AY

Registered number:

11243532 (England and Wales)

Accountants:

Clay Ratnage Strevens & Hills

Chartered Accountants

Construction House, Runwell Road

Wickford

Essex

SS11 7HQ

Fixed assets

Tangible assets

4

44,868

51,574

Current assets

Debtors

5

57,680

73,781

Cash at bank

20,583

9,310

78,263

83,091

Creditors

Amounts falling due within one year

6

35,789

31,791

Net current assets

42,474

51,300

Total assets less current liabilities

87,342

102,874

Creditors

Amounts falling due after more than one year

7

(31,431

)

(37,795

)

Provisions for liabilities

9

(11,217

)

(12,894

)

Net assets

44,694

52,185

Capital and reserves

Called up share capital

100

100

Retained earnings

44,594

52,085

44,694

52,185

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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 November 2025 and were signed by:

L Conoley - Director

1.	Statutory information

Optimise Creative Print Solutions Ltd 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.

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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.

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

15% on reducing balance

Computer equipment

-

25% on reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Financial instruments

The company has elected to apply the provisions of Section 11 "Basic Financial Instruments" of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's Balance sheet when the company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

3.	Employees and directors

The average number of employees during the year was 1 (2024 - 1 ) .

4.	Tangible fixed assets

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

Cost

At 1 April 2024

5,913

58,315

6,291

70,519

Additions

-

-

1,746

1,746

At 31 March 2025

5,913

58,315

8,037

72,265

Depreciation

At 1 April 2024

3,831

11,218

3,896

18,945

Charge for year

521

7,065

866

8,452

At 31 March 2025

4,352

18,283

4,762

27,397

Net book value

At 31 March 2025

1,561

40,032

3,275

44,868

At 31 March 2024

2,082

47,097

2,395

51,574

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

Cost

At 1 April 2024

and 31 March 2025

58,315

Depreciation

At 1 April 2024

11,218

Charge for year

7,065

At 31 March 2025

18,283

Net book value

At 31 March 2025

40,032

At 31 March 2024

47,097

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

18,385

37,004

Directors' current accounts

38,185

35,516

Prepayments

1,110

1,261

57,680

73,781

Included within debtors due within one year is a loan to L Conoley, a director, amounting to £38,185 (2024 - £35,516). Interest has been charged on this loan at the standard rate of 2.25%.

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Hire purchase contracts (see note 8)

6,364

6,364

Trade creditors

3,560

3,119

Tax

18,294

14,549

VAT

4,897

4,806

Accrued expenses

2,674

2,953

35,789

31,791

7.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Hire purchase contracts (see note 8)

31,431

37,795

8.	Leasing agreements

Minimum lease payments under hire purchase fall due as follows:

2025

2024

£

£

Net obligations repayable:

Within one year

6,364

6,364

Between one and five years

31,431

37,795

37,795

44,159

9.	Provisions for liabilities

2025

2024

£

£

Deferred tax

11,217

12,894

Deferred

tax

£

Balance at 1 April 2024

12,894

Unused amounts reversed during year

(1,677

)

Balance at 31 March 2025

11,217