Optimum Interiors Limited - Filleted accounts

Registered number

12118513

Optimum Interiors Limited

Filleted Accounts

31 July 2025

Optimum Interiors Limited
Registered number:		12118513
Balance Sheet
as at 31 July 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		11,620			14,932

Current assets
Debtors	4	169,125			55,714
Cash at bank and in hand		53,744			346,660
		222,869			402,374

Creditors: amounts falling due within one year	5	(97,355)			8,705

Net current assets			125,514			411,079

Total assets less current liabilities			137,134			426,011


Provisions for liabilities			(2,905)			(3,733)


Net assets			134,229			422,278

Capital and reserves
Called up share capital			100			100
Profit and loss account			134,129			422,178

Shareholders' funds			134,229			422,278

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Jason Drake
Director
Approved by the board on 30 April 2026

Optimum Interiors Limited
Notes to the Accounts
for the year ended 31 July 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Office Equipment	25% RBM
	Computer Equipment	25% RBM
	Motor vehicle	25% RBM

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			2		2

3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total	Total
£			£		£		£
	Cost
	At 1 August 2024	2,380		21,160		23,540	23,540
	Additions	532		-		532	532
	At 31 July 2025	2,912		21,160		24,072	24,072

	Depreciation
	At 1 August 2024	985		7,623		8,608	8,608
	Charge for the year	460		3,384		3,844	3,844
	At 31 July 2025	1,445		11,007		12,452	12,452

	Net book value
	At 31 July 2025	1,467		10,153		11,620	11,620
	At 31 July 2024	1,395		13,537		14,932	14,932


4	Debtors			2025		2024
£					£

	Trade debtors			101,666		44,706
	Amounts owed by group undertakings and undertakings in which the company has a participating interest			64,265		-
	Other debtors			3,194		11,008
				169,125		55,714


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			14,133		-
	Trade creditors			21,406		14,921
	Taxation and social security costs			61,116		(24,326)
	Other creditors			700		700
				97,355		(8,705)


6	Other information

	Optimum Interiors Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Building 18, Gateway 1000
	Whittle Way, Arlington Business Park
	Stevenage
	Hertfordshire
	SG1 2FP