Company Registration No. 06836758 (England and Wales)
Optimal Human Resources Limited
Unaudited accounts
for the year ended 31 March 2023
Optimal Human Resources Limited
Unaudited accounts
Contents
Optimal Human Resources Limited
Company Information
for the year ended 31 March 2023
Directors
Kay Kingsnorth
Simon Kingsnorth
Company Number
06836758 (England and Wales)
Registered Office
88 South Street
Mosborough
Sheffield
S20 5DF
Accountants
Ambledene Accountancy
Cotton Court
Church Street
Preston
PR1 3BY
Optimal Human Resources Limited
Statement of financial position
as at 31 March 2023
Tangible assets
1,504
2,561
Cash at bank and in hand
212,232
231,874
Creditors: amounts falling due within one year
(21,121)
(46,057)
Net current assets
202,903
205,425
Total assets less current liabilities
204,407
207,986
Provisions for liabilities
Net assets
204,121
207,500
Called up share capital
2
2
Profit and loss account
204,119
207,498
Shareholders' funds
204,121
207,500
For the year ending 31 March 2023 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 29 June 2023 and were signed on its behalf by
Simon Kingsnorth
Director
Company Registration No. 06836758
Optimal Human Resources Limited
Notes to the Accounts
for the year ended 31 March 2023
Optimal Human Resources Limited is a private company, limited by shares, registered in England and Wales, registration number 06836758. The registered office is 88 South Street, Mosborough, Sheffield, S20 5DF.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
15% reducing balance
Computer equipment
33.3% straight line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2022
1,119
11,047
12,166
At 31 March 2023
1,119
11,852
12,971
At 1 April 2022
538
9,067
9,605
Charge for the year
87
1,775
1,862
At 31 March 2023
625
10,842
11,467
At 31 March 2023
494
1,010
1,504
At 31 March 2022
581
1,980
2,561
Optimal Human Resources Limited
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
Trade debtors
9,769
19,608
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
1,425
7,536
Loans from directors
2,507
-
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).
