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Company Registration No. 14860258 (England and Wales)
Optara Limited Unaudited accounts for the year ended 31 May 2025
Optara Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Optara Limited Company Information for the year ended 31 May 2025
Directors
Mark Bishop Catherine Bishop
Secretary
Catherine Bishop
Company Number
14860258 (England and Wales)
Registered Office
14 LEITH PARK ROAD GRAVESEND KENT DA12 1LN ENGLAND
Accountants
PS Accounting Solutions Ltd 8 Rede Wood Road Barming Maidstone Kent ME16 9HL
- 3 -
Optara Limited Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
4,493
3,294
Current assets
Debtors
5
23,250
64,484
Cash at bank and in hand
229,676
71,604
252,926
136,088
Creditors: amounts falling due within one year
6
(197,150)
(104,510)
Net current assets
55,776
31,578
Net assets
60,269
34,872
Capital and reserves
Called up share capital
100
100
Profit and loss account
60,169
34,772
Shareholders' funds
60,269
34,872
For the year ending 31 May 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 3 February 2026 and were signed on its behalf by
Mark Bishop Director Company Registration No. 14860258
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Optara Limited Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
Optara Limited is a private company, limited by shares, registered in England and Wales, registration number 14860258. The registered office is 14 LEITH PARK ROAD, GRAVESEND, KENT, DA12 1LN, 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 remained unchanged from the previous year, 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
20%
Computer equipment
33%
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 June 2024
332
3,647
3,979
Additions
-
2,902
2,902
At 31 May 2025
332
6,549
6,881
Depreciation
At 1 June 2024
28
657
685
Charge for the year
-
1,703
1,703
At 31 May 2025
28
2,360
2,388
Net book value
At 31 May 2025
304
4,189
4,493
At 31 May 2024
304
2,990
3,294
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Optara Limited Notes to the Accounts for the year ended 31 May 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
23,150
64,384
Other debtors
100
100
23,250
64,484
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
36,564
23,185
Trade creditors
52,441
-
Taxes and social security
53,945
46,033
Loans from directors
3,242
25
Accruals
267
10,417
Deferred income
50,691
24,850
197,150
104,510
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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