Optima House Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01465030 (England and Wales)

OPTIMA HOUSE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MAY 2026

Page

Balance Sheet

1

to

2

Notes to the Financial Statements

3

to

6

FIXED ASSETS

Investments

4

788,907

700,873

Investment property

5

790,000

1,578,907

1,490,873

CURRENT ASSETS

Debtors

6

44,117

88,001

Cash at bank

2,851,319

2,840,200

2,895,436

2,928,201

CREDITORS

Amounts falling due within one year

7

49,102

55,761

NET CURRENT ASSETS

2,846,334

2,872,440

TOTAL ASSETS LESS CURRENT LIABILITIES

4,425,241

4,363,313

PROVISIONS FOR LIABILITIES

105,752

95,507

NET ASSETS

4,319,489

4,267,806

CAPITAL AND RESERVES

Called up share capital

8

21,000

Revaluation reserve

9

644,415

Retained earnings

3,654,074

3,602,391

SHAREHOLDERS' FUNDS

4,319,489

4,267,806

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9th September 2026 and were signed on its behalf by:

A Yarnell-Spence - Director

1.	STATUTORY INFORMATION

Optima House Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

01465030

Registered office:

Optima House

Askern Road, Tollbar

Doncaster

South Yorkshire

DN5 0QY

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

At the time of signing these accounts, having considered the economic climate, the directors expectations and intentions for the next 12 months, and the availability of working capital, the directors are of the opinion that the company will remain viable for the foreseeable future and accordingly these financial statements have been prepared on the going concern basis.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments

The company only enters into transactions in 'basic' financial instruments which result in the recognition of assets and liabilities; these include trade and other debtors and creditors, bank balances, loans from banks and other third parties, and loans to related parties. These are recognised in the company's balance sheet when it becomes party to the contractual provisions of the instrument.

Basic financial assets (other than those classified as payable within one year) are initially measured at cost and are subsequently carried at cost or amortised cost using the effective interest method, less any impairment losses. Basic financial assets classed as receivable within one year are not amortised.

Basic financial liabilities (other than those classified as payable within one year) are initially measured at present value of future cash flows and subsequently at amortised cost using the effective interest method. Basic financial liabilities classed as payable within one year are not amortised.

Financial assets and liabilities are offset, with the net amount reported in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	FIXED ASSET INVESTMENTS

Shares in

group

Other

undertakings

investments

Totals

£

COST OR VALUATION

At 1st June 2025

20,998

679,875

700,873

Additions

-

332,492

Disposals

-

(316,540

)

(316,540

)

Revaluations

-

72,082

At 31st May 2026

20,998

767,909

788,907

NET BOOK VALUE

At 31st May 2026

20,998

767,909

788,907

At 31st May 2025

20,998

679,875

700,873

Cost or valuation at 31st May 2026 is represented by:

Shares in

group

Other

undertakings

investments

Totals

£

Valuation in 2026

-

128,593

Cost

20,998

639,316

660,314

20,998

767,909

788,907

Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking

Country of incorporation

Holding

Proportion of voting rights
and shares held

Subsidiary Undertakings

2026

2025

Optima International Limited

England

Ordinary

100%

Optima House, Askern Road, Toll Bar,

Doncaster, South Yorkshire, DN5 0QY

Wedge Wire Screens Limited

England

Ordinary

100%

Optima House, Askern Road, Toll Bar,

Doncaster, South Yorkshire, DN5 0QY

Optimum Systems Limited

England

Ordinary

100%

Optima House, Askern Road, Toll Bar,

Doncaster, South Yorkshire, DN5 0QY

Sampling Engineering Systems Limited

England

Ordinary

100%

Optima House, Askern Road, Toll Bar,

Doncaster, South Yorkshire, DN5 0QY

Bra-in Screen Solutions Industria Ltda

Brazil

Ordinary

50%

Avenida Marginal Jose OsvaldoMarques,

1614 - Jardim Recreio dos Bandeirantes,

Sertaozinho

The principal activity of Optima International Limited is the manufacture of wedge wire screens.

Wedge Wire Screens Limited, Optimum Systems Limited and Sampling Engineering Systems Limited are dormant companies.

The principal activity of Bra-in Screen Solutions lndustria Ltda is the manufacture of wedge wire screening.

The profit for the financial period of Optima International Limited was £89,629 (2025: £142,066) and the aggregate amount of capital and reserves at the end of the period was £5,742,702 (2025: £5,030,984).

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st June 2025

and 31st May 2026

790,000

NET BOOK VALUE

At 31st May 2026

790,000

At 31st May 2025

790,000

Investment property was revalued as at 15 June 2016 (the date of acquisition of the property from the company subsidiary, via a dividend received in specie) to £790,000 by PPH Commercial Chartered Surveyors and Commercial Property Consultants with experience of valuing similar properties on an open market existing use basis.

The value of the property is subject to review by the company's directors on an annual basis. The directors consider the valuation at the balance sheet date represents fair value.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Amounts owed by group undertakings

44,115

87,999

Other debtors

2

44,117

88,001

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Taxation and social security

47,327

53,848

Other creditors

1,775

1,913

49,102

55,761

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

20,000

Ordinary A

1

20,000

1,000

Ordinary B

1

1,000

21,000

Ordinary shares rank pari passu except that different rates of dividend can be declared on different classes of share.

9.

RESERVES

Revaluation

reserve

£

At 1st June 2025

and 31st May 2026

644,415