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Company Registration No. SC346607 (Scotland)
Optimal Financial Solutions Ltd Abbreviated accounts for the period from 1 January 2025 to 31 October 2025
Optimal Financial Solutions Ltd Abbreviated accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Optimal Financial Solutions Ltd Company Information for the period from 1 January 2025 to 31 October 2025
Director
Benjamin Dawson
Company Number
SC346607 (Scotland)
Registered Office
64 Edgehead Road Edgehead Pathhead Midlothian EH37 5RJ
Accountants
Rosebery Accountants & Business Advisors 23 Melville Street Edinburgh EH3 7PE
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Optimal Financial Solutions Ltd Statement of financial position as at 31 October 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
- 
70,156 
Current assets
Debtors
5
4,876 
43,266 
Cash at bank and in hand
21,839 
48,596 
26,715 
91,862 
Creditors: amounts falling due within one year
6
(566)
(47,570)
Net current assets
26,149 
44,292 
Total assets less current liabilities
26,149 
114,448 
Creditors: amounts falling due after more than one year
7
- 
(2,928)
Provisions for liabilities
Other provisions
(21,410)
(42,500)
Net assets
4,739 
69,020 
Capital and reserves
Called up share capital
1,800 
1,800 
Profit and loss account
2,939 
67,220 
Shareholders' funds
4,739 
69,020 
For the period ending 31 October 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 director acknowledges his 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 and authorised for issue on 2 December 2025 and were signed on its behalf by
T J Price Director Company Registration No. SC346607
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Optimal Financial Solutions Ltd Notes to the Accounts for the period from 1 January 2025 to 31 October 2025
1
Statutory information
Optimal Financial Solutions Ltd is a private company, limited by shares, registered in Scotland, registration number SC346607. The registered office is 64 Edgehead Road, Edgehead, Pathhead, Midlothian, EH37 5RJ.
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 remained unchanged from the previous period, and also 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.
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:
Fixtures & fittings
25% reducing balance
4
Tangible fixed assets
Land & buildings 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2025
2,864 
74,341 
41,621 
118,826 
Additions
- 
- 
2,252 
2,252 
Disposals
(2,864)
(74,341)
(43,873)
(121,078)
At 31 October 2025
- 
- 
- 
- 
Depreciation
At 1 January 2025
716 
25,159 
22,795 
48,670 
Charge for the period
448 
- 
4,409 
4,857 
On disposals
(1,164)
(25,159)
(27,204)
(53,527)
At 31 October 2025
- 
- 
- 
- 
Net book value
At 31 October 2025
- 
- 
- 
- 
At 31 December 2024
2,148 
49,182 
18,826 
70,156 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Other debtors
4,876 
43,266 
- 5 -
Optimal Financial Solutions Ltd Notes to the Accounts for the period from 1 January 2025 to 31 October 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
- 
6,413 
Obligations under finance leases and hire purchase contracts
- 
28,597 
Taxes and social security
- 
11,606 
Other creditors
- 
153 
Loans from directors
565 
- 
Accruals
1 
801 
566 
47,570 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
- 
2,928 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
T J Price
Director's loan account
2,685 
- 
2,685 
- 
Lesley A Price
Director's loan account
8,135 
- 
8,135 
- 
10,820 
- 
10,820 
- 
The directors' loans were repaid in full during the financial year.
9
Transactions with related parties
During the year the Company fully impaired a balance of £18,665 due from the partnership operated by the directors and shareholders. The impairment reflects the Company’s assessment that the amount is not expected to be recovered.
10
Average number of employees
During the period the average number of employees was 3 (2024: 3).
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