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Company Registration No. 10592502 (England and Wales)
Optimum Properties Limited Unaudited accounts for the year ended 31 January 2026
Optimum Properties Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Optimum Properties Limited Company Information for the year ended 31 January 2026
Directors
A Kearns E Kearns
Company Number
10592502 (England and Wales)
Registered Office
22 Grenfell Road Manchester Lancashire M20 6TQ England
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Optimum Properties Limited Statement of financial position as at 31 January 2026
2026 
2025 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
442 
1,765 
Investment property
5
682,590 
590,000 
683,032 
591,765 
Current assets
Debtors
6
- 
529 
Cash at bank and in hand
6,969 
9,697 
6,969 
10,226 
Creditors: amounts falling due within one year
7
(163,694)
(155,195)
Net current liabilities
(156,725)
(144,969)
Total assets less current liabilities
526,307 
446,796 
Creditors: amounts falling due after more than one year
8
(405,082)
(340,933)
Net assets
121,225 
105,863 
Capital and reserves
Called up share capital
2 
2 
Fair value reserve
73,574 
73,574 
Profit and loss account
47,649 
32,287 
Shareholders' funds
121,225 
105,863 
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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2026 and were signed on its behalf by
A Kearns Director Company Registration No. 10592502
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Optimum Properties Limited Notes to the Accounts for the year ended 31 January 2026
1
Statutory information
Optimum Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 10592502. The registered office is 22 Grenfell Road, Manchester, Lancashire, M20 6TQ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
10% straight line
Computer equipment
3 years straight line
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2025
13,231 
646 
13,877 
At 31 January 2026
13,231 
646 
13,877 
Depreciation
At 1 February 2025
11,466 
646 
12,112 
Charge for the year
1,323 
- 
1,323 
At 31 January 2026
12,789 
646 
13,435 
Net book value
At 31 January 2026
442 
- 
442 
At 31 January 2025
1,765 
- 
1,765 
5
Investment property
2026 
£ 
Fair value at 1 February 2025
590,000 
Additions
79,000 
Net gain from fair value adjustments
13,590 
At 31 January 2026
682,590 
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Optimum Properties Limited Notes to the Accounts for the year ended 31 January 2026
6
Debtors
2026 
2025 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
- 
529 
7
Creditors: amounts falling due within one year
2026 
2025 
£ 
£ 
Bank loans and overdrafts
- 
1,000 
Obligations under finance leases and hire purchase contracts
2,000 
2,000 
Taxes and social security
33,394 
30,812 
Other creditors
- 
77 
Loans from directors
126,482 
119,488 
Accruals
1,818 
1,818 
163,694 
155,195 
8
Creditors: amounts falling due after more than one year
2026 
2025 
£ 
£ 
Bank loans
389,763 
325,615 
Obligations under finance leases and hire purchase contracts
2,485 
2,485 
Trade creditors
12,834 
12,833 
405,082 
340,933 
9
Average number of employees
During the year the average number of employees was 0 (2025: 0).
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