Optima Consulting Partners Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08880228 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28th February 2018

for

Optima Consulting Partners Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

6

DIRECTOR:

J Saxton

SECRETARY:

REGISTERED OFFICE:

C/O Gibbors, Chartered Accountants

19 Ardross Avenue

Northwood

Middlesex

HA6 3DS

BUSINESS ADDRESS:

4th Floor Portland House

Bressenden Place

Victoria

London

SW1E 5BH

REGISTERED NUMBER:

08880228 (England and Wales)

ACCOUNTANTS:

Gibbors, Chartered Accountants

19 Ardross Avenue

Northwood

Middlesex

HA6 3DS

FIXED ASSETS

Tangible assets

4

14,968

12,626

CURRENT ASSETS

Debtors

332,784

242,464

Cash at bank

262,059

28,532

594,843

270,996

CREDITORS

Amounts falling due within one year

456,479

260,388

NET CURRENT ASSETS

138,364

10,608

TOTAL ASSETS LESS CURRENT LIABILITIES

153,332

23,234

PROVISIONS FOR LIABILITIES

2,844

3,954

NET ASSETS

150,488

19,280

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

5

150,487

19,279

SHAREHOLDERS' FUNDS

150,488

19,280

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 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 and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 28th February 2018 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 30th November 2018 and were signed by:

J Saxton - Director

1.	STATUTORY INFORMATION

Optima Consulting Partners Limited is a private company, limited by shares , registered in England and Wales.

The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme under auto enrolment. Contributions payable to

the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2017 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st March 2017

20,101

Additions

5,498

At 28th February 2018

25,599

DEPRECIATION

At 1st March 2017

7,475

Charge for year

3,156

At 28th February 2018

10,631

NET BOOK VALUE

At 28th February 2018

14,968

At 28th February 2017

12,626

5.

RESERVES

Retained

earnings

£

At 1st March 2017

19,279

Profit for the year

596,208

Dividends

(465,000

)

At 28th February 2018

150,487

6.	RELATED PARTY DISCLOSURES

Management Charges of £105,000 (2017 - Nil) were paid to Optima Partners Holdings LLC, the Company's

Parent Company.

7.	ULTIMATE CONTROLLING PARTY

The controlling party is Optima Partners Holdings LLC, acompany incorporated in the USA.

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary

statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Optima Consulting Partners Limited for the year ended 28th February 2018 which comprise the

Abridged Income Statement, Abridged Balance Sheet and the related notes from the company's accounting records and

from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Optima Consulting Partners Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Optima Consulting Partners Limited and state those matters that we have agreed to state to the director of Optima Consulting Partners Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Optima Consulting Partners Limited and its director for our work or for this report.

It is your duty to ensure that Optima Consulting Partners Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Optima Consulting Partners Limited. You consider that Optima Consulting Partners Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Optima Consulting Partners Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Gibbors, Chartered Accountants

19 Ardross Avenue

Northwood

Middlesex

HA6 3DS

30th November 2018