REGISTERED COMPANY NUMBER: 01583558 (England and Wales)

REGISTERED CHARITY NUMBER: 286285

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

Optik Limited

Page

Report of the Trustees

1

Statement of Financial Activities

2

Statement of Financial Position

3

Notes to the Financial Statements

4

to

6

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 October 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Review of the year's activities

The main activity this year was the partnership with Richmond's Arts and Ideas Festival. The company was awarded a grant of £1000 following an application process. This was the first time the new writing project had received funding from the Borough and marks a positive new relationship for future projects. The project also received funding of £200 from Unity Theatre trust, the second time Optik has been successful in applications to this funder.

The Script Room took place over two days and three performances in Whitton Library on June 18 and 19 with four writers showcased performed by a cast of four actors. The Borough funding allowed for the hiring of a Stage Manager in addition to a technician and this was a major asset in the production. There was a very good attendance at the performances with ticket price raised to £15 for the first time. The company mad a claim for gift aid to HMRC and received a payment of £992.17 which boosted the income for the year. Nelson School lent their seating equipment and this year the donation of £150 was paid directly to the School and not the PTA at the School's request.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

01583558 (England and Wales)

Registered Charity number

286285

Registered office

38 Colonial Avenue

Twickenham

Middlesex

TW2 7ED

Trustees

Dr S Anderson University Administrator (Retired)

Mrs M Edwards Music Teacher

B E Edwards Theatre Director

Company Secretary

Mrs M Edwards

Approved by order of the board of trustees on 24 November 2025 and signed on its behalf by:

B E Edwards - Trustee

31.10.25

31.10.24

Unrestricted

Total

fund

funds

Notes

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

2,573

3,301

Charitable activities

General activities

1,972

-

Total

4,545

3,301

EXPENDITURE ON

Charitable activities

General activities

3,371

2,454

NET INCOME

1,174

847

RECONCILIATION OF FUNDS

Total funds brought forward

1,215

368

TOTAL FUNDS CARRIED FORWARD

2,389

1,215

31.10.25

31.10.24

Unrestricted

Total

fund

funds

Notes

£

£

FIXED ASSETS

Tangible assets

4

1

1

CURRENT ASSETS

Cash at bank

2,514

1,340

CREDITORS

Amounts falling due within one year

5

(126

)

(126

)

NET CURRENT ASSETS

2,388

1,214

TOTAL ASSETS LESS CURRENT LIABILITIES

2,389

1,215

NET ASSETS

2,389

1,215

FUNDS

6

Unrestricted funds

2,389

1,215

TOTAL FUNDS

2,389

1,215

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a)	ensuring that the charitable company keeps accounting records that 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 charitable company as at the end of each financial year and of its surplus or deficit 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 charitable company.

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

The financial statements were approved by the Board of Trustees and authorised for issue on 24 November 2025 and were signed on its behalf by:

B E Edwards - Trustee

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 October 2025 nor for the year ended 31 October 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 October 2025 nor for the year ended 31 October 2024.

3.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

fund

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

3,301

EXPENDITURE ON

Charitable activities

General activities

2,454

NET INCOME

847

RECONCILIATION OF FUNDS

Total funds brought forward

368

TOTAL FUNDS CARRIED FORWARD

1,215

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 November 2024 and 31 October 2025

1,412

DEPRECIATION

At 1 November 2024 and 31 October 2025

1,411

NET BOOK VALUE

At 31 October 2025

1

At 31 October 2024

1

5.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Accrued expenses

126

126

6.	MOVEMENT IN FUNDS

Net

At

movement

At

1.11.24

in funds

31.10.25

£

£

£

Unrestricted funds

General fund

1,215

1,174

2,389

TOTAL FUNDS

1,215

1,174

2,389

Net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

4,545

(3,371

)

1,174

TOTAL FUNDS

4,545

(3,371

)

1,174

Comparatives for movement in funds

Net

At

movement

At

1.11.23

in funds

31.10.24

£

£

£

Unrestricted funds

General fund

368

847

1,215

TOTAL FUNDS

368

847

1,215

Comparative net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

3,301

(2,454

)

847

TOTAL FUNDS

3,301

(2,454

)

847

A current year 12 months and prior year 12 months combined position is as follows:

Net

At

movement

At

1.11.23

in funds

31.10.25

£

£

£

Unrestricted funds

General fund

368

2,021

2,389

TOTAL FUNDS

368

2,021

2,389

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

7,846

(5,825

)

2,021

TOTAL FUNDS

7,846

(5,825

)

2,021

7.	RELATED PARTY DISCLOSURES

During the year Mr B Edwards (Trustee) donated £850 to the charity as an unrestricted donation.