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Registered number: 09086641
Optiproducts Limited
Financial Statements
For The Year Ended 31 December 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09086641
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 117,446 115,861
117,446 115,861
CURRENT ASSETS
Stocks 5 257,748 182,085
Debtors 6 295,274 220,558
Cash at bank and in hand 1,332,548 1,357,837
1,885,570 1,760,480
Creditors: Amounts Falling Due Within One Year 7 (874,533 ) (848,647 )
NET CURRENT ASSETS (LIABILITIES) 1,011,037 911,833
TOTAL ASSETS LESS CURRENT LIABILITIES 1,128,483 1,027,694
NET ASSETS 1,128,483 1,027,694
CAPITAL AND RESERVES
Called up share capital 8 1,200 1,200
Profit and Loss Account 1,127,283 1,026,494
SHAREHOLDERS' FUNDS 1,128,483 1,027,694
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For the year ending 31 December 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.
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
S B Bannister
Director
13 July 2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Optiproducts Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09086641 . The registered office is 110/114 High Street, Bloxwich, Walsall, WS3 2DG.
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. 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.
2.3. 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:
Leasehold Over 15 Years
Plant & Machinery 25% Reducing Balance
Motor Vehicles 25% Reducing Balance
2.4. 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.
2.5. 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.
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.
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2.6. Pensions
The Company operates a defined pension contribution scheme. Contributions are charged to the Profit and Loss Account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 32 (2024: 32)
32 32
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Total
£ £ £ £
Cost
As at 1 January 2025 193,627 104,039 34,988 332,654
Additions - 24,741 - 24,741
Disposals - - (5,139 ) (5,139 )
As at 31 December 2025 193,627 128,780 29,849 352,256
Depreciation
As at 1 January 2025 111,060 84,630 21,103 216,793
Provided during the period 13,695 5,053 3,159 21,907
Disposals - - (3,890 ) (3,890 )
As at 31 December 2025 124,755 89,683 20,372 234,810
Net Book Value
As at 31 December 2025 68,872 39,097 9,477 117,446
As at 1 January 2025 82,567 19,409 13,885 115,861
5. Stocks
2025 2024
£ £
Stock 257,748 182,085
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 175,783 105,444
Amounts owed by participating interests 100,000 100,000
Other debtors 19,491 15,114
295,274 220,558
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7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 175,301 301,537
Amounts owed to participating interests 381,041 362,781
Other creditors 110,860 20,067
Taxation and social security 207,331 164,262
874,533 848,647
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1,200 1,200
9. Financial Instruments
There are no financial instruments that need reporting here.
10. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is Bann Holdings Limited. Bann Holdings Limited was incorporated in England and Wales. 
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