Optim Technologies Ltd - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 06481537 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2018

for

Optim Technologies Ltd

Page

Balance Sheet

1

FIXED ASSETS

3,092

4,329

CURRENT ASSETS

273,622

119,036

CREDITORS

Amounts falling due within one year

(234,804

)

(113,287

)

NET CURRENT ASSETS

38,818

5,749

TOTAL ASSETS LESS CURRENT LIABILITIES

41,910

10,078

CAPITAL AND RESERVES

41,910

10,078

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

Optim Technologies Ltd 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:

06481537

Registered office:

39 Ludgate Hill City

London

London

EC4M 7JN

2.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2018 and

31 January 2017:

31.1.18

31.1.17

£

£

S Konala

Balance outstanding at start of year

(6,088

)

(688

)

Amounts advanced

(6,464

)

-

Amounts repaid

-

(5,400

)

Balance outstanding at end of year

(12,552

)

(6,088

)

The controlling party is S Konala.

At the balance sheet date, the company was under the sole control of Srindu Soft Ltd who is the 100%

shareholder and therefore the ultimate controlling party.

RELATED PARTY DISCLOSURES

At the balance sheet date, the director Mr. Venkata Konala is owed £12,552 by the company

(2016: 6,088Cr). This is an interest free loan to the company.

Also At the balance sheet date the company owes £46695 to the Associated company Srindu soft ltd and is owed

£36,000 by Kimo Homes Ltd where the director S Konala has common control of the company.

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 28 September 2018 and were signed by:

S Konala - Director