OPTICA_TRADING_LTD - Accounts


Company Registration Number 10342348 (England and Wales)
OPTICA TRADING LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2020
PAGES FOR FILING WITH REGISTRAR
OPTICA TRADING LTD
BALANCE SHEET
AS AT
31 AUGUST 2020
31 August 2020
- 1 -
2020
2019
£
£
£
£
Fixed assets
704
857
Current assets
383,094
160,335
Creditors: amounts falling due within one year
(85,916)
(29,637)
Net current assets
297,178
130,698
Total assets less current liabilities
297,882
131,555
Creditors: amounts falling due after more than one year
(49,537)
-
Accruals and deferred income
(2,000)
(1,200)
Net assets
246,345
130,355
Capital and reserves
246,345
130,355
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees

At the beginning of the accounting year there was an outstanding loan, repayable on demand, to the company of £20,906. During the year the directors repaid £8,632. Interest was charged at the rate of 2.25% (£129) making the balance owed by the directors at the year end £12,403.

2
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2020
2019
Number
Number
Employees
1
1

Optica Trading Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Wessex House, Challeymead Business Park, Bradford Road, MELKSHAM, Wiltshire, SN12 8BU. The business address is Grove House, Canon Square, Melksham, Wiltshire, SN12 6LX.

For the year ended 31 August 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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.

OPTICA TRADING LTD
BALANCE SHEET (CONTINUED)
AS AT
31 AUGUST 2020
31 August 2020
- 2 -

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 4 February 2021 and are signed on its behalf by:
Mr Nicholas Derbyshire
Director
Company Registration Number 10342348
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