ACCOUNTS - Final Accounts

Registered number: 07850307

SUBOPTIC LIMITED

(A company limited by guarantee)

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 NOVEMBER 2025

SUBOPTIC LIMITED

(A company limited by guarantee)

REGISTERED NUMBER: 07850307

BALANCE SHEET

AS AT 30 NOVEMBER 2025

		2025		2024
Note		£		£


Current assets
Debtors: amounts falling due within one year	4	55,827		74,483
Cash at bank and in hand		1,131,618		705,835
		1,187,445		780,318
Creditors: amounts falling due within one year	5	(102,334)		(38,355)
Net current assets			1,085,111		741,963
Total assets less current liabilities			1,085,111		741,963

Net assets			1,085,111		741,963

Capital and reserves
Profit and loss account	1,085,111	741,963
	1,085,111	741,963

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SUBOPTIC LIMITED

(A company limited by guarantee)

REGISTERED NUMBER: 07850307

BALANCE SHEET (CONTINUED)

AS AT 30 NOVEMBER 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

A Shelton

Director

Date: 25 June 2026

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

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SUBOPTIC LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

1.	General information

SubOptic Limited is a company limited by guarantee and registered in England and Wales (07850307).
The registered office address is 27 Old Gloucester Street, London, England, WC1N 3AX.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Profit and loss account within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

2.3

Revenue

Subscription revenue is recognised on an accrual basis over the period of subscription and is
measured at the fair value of consideration receivable.

Conference revenue is recognised when the event has occurred and is measured at the fair value of
consideration due under the contract with the event service provider.

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SUBOPTIC LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

2.Accounting policies (continued)

2.4

Operating leases: the Company as lessee

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

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

2.5

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.6

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.7

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment.

2.9

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.

2.10

Creditors

Short-term creditors are measured at the transaction price.

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SUBOPTIC LIMITED

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

Employees

The average monthly number of employees, including directors, during the year was 2 (2024 - 2).

Debtors

					2025	2024
					£	£


Trade debtors	28,901	36,318
Other debtors	7,637	4,115
Prepayments and accrued income	19,289	34,050
	55,827	74,483

5.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	6,648	5,051
Corporation tax	30,509	-
Other taxation and social security	37,881	-
Other creditors	3,277	7,546
Accruals and deferred income	24,019	25,758
	102,334	38,355


6.	Company status

The company is a private company limited by guarantee and consequently does not have share capital.
Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the
company in the event of liquidation.

7.	Related party transactions
	Included in other debtors is a loan to subsidaries of £7,637 (2024 - creditor of £4,856). This loans are interest free and repayable on demand.

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