OPTNEAR NEW HAW LTD

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 14591794

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		700,000		700,000
Tangible Assets	5		57,348		59,677

			757,348		759,677
CURRENT ASSETS
Stocks	6	60,392		66,000
Debtors	7	217,432		153,538
Cash at bank and in hand		96,804		178,807

		374,628		398,345
Creditors: Amounts Falling Due Within One Year	8	(237,663 )		(193,196 )

NET CURRENT ASSETS (LIABILITIES)			136,965		205,149

TOTAL ASSETS LESS CURRENT LIABILITIES			894,313		964,826

Creditors: Amounts Falling Due After More Than One Year	9		(871,874 )		(892,201 )

NET ASSETS			22,439		72,625

CAPITAL AND RESERVES
Called up share capital	10		1		1
Profit and Loss Account			22,438		72,624

SHAREHOLDERS' FUNDS			22,439		72,625

Page 1

Page 2

OPTNEAR NEW HAW LTD

Balance Sheet (continued)

As At 31 January 2026

For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has 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.

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

Mr Raja Khan

Director

12/03/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

OPTNEAR NEW HAW LTD is a private company, limited by shares, incorporated in England & Wales, registered number 14591794 . The registered office is 13-15 Glengall Road, Edgware, HA8 8TB.

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, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	0
Plant & Machinery	20%
Motor Vehicles	20%
Fixtures & Fittings	20%
Computer Equipment	20%

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

Page 3

Page 4

OPTNEAR NEW HAW LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

2.6. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 10 (2025: 10)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 February 2025	700,000

As at 31 January 2026	700,000

Net Book Value
As at 31 January 2026	700,000

As at 1 February 2025	700,000

5. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 February 2025	9,677	-	50,000	-	59,677
Additions	-	6,500	-	3,089	9,589

As at 31 January 2026	9,677	6,500	50,000	3,089	69,266

Depreciation
As at 1 February 2025	-	-	-	-	-
Provided during the period	-	1,300	10,000	618	11,918

As at 31 January 2026	-	1,300	10,000	618	11,918

Net Book Value
As at 31 January 2026	9,677	5,200	40,000	2,471	57,348

As at 1 February 2025	9,677	-	50,000	-	59,677

6. Stocks

	2026	2025
	£	£
Finished goods	60,392	66,000

Page 4

Page 5

OPTNEAR NEW HAW LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

7. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	161,884	142,538
Other debtors	55,548	11,000

	217,432	153,538

8. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	190,381	129,243
Other creditors	34,643	13,376
Taxation and social security	12,639	50,577

	237,663	193,196

9. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Santandar loans	474,728	495,055
Other loans	318,886	318,886
Other creditors	78,260	78,260

	871,874	892,201

10. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	1	1

Page 5