Option Hold Company Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09475282 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2018

for

Option Hold Company Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M Hamilford

REGISTERED OFFICE:

3rd Floor, Fairgate House,

78 New Oxford Street

London

WC1A 1HB

REGISTERED NUMBER:

09475282 (England and Wales)

ACCOUNTANTS:

Hawksford UK Services Limited

3rd Floor, Fairgate House

78 New Oxford Street

London

WC1A 1HB

FIXED ASSETS

Investments

3

1,346

1,346

CURRENT ASSETS

Debtors

4

1

1

Cash at bank

70,762

65

70,763

66

CREDITORS

Amounts falling due within one year

5

72,882

2,846

NET CURRENT LIABILITIES

(2,119

)

(2,780

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(773

)

(1,434

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(774

)

(1,435

)

SHAREHOLDERS' FUNDS

(773

)

(1,434

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

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 14 December 2018 and were signed by:

M Hamilford - Director

1.	STATUTORY INFORMATION

Option Hold Company 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.

The financial statements are presented in Pounds Sterling.

Revenue

Revenue is recognised to the extent the company has rendered services under an agreement, the amount of

revenue can be measured reliably and it is probable that the economic benefits associated with the transaction

will flow to the company. Revenue is measured at the fair value of the consideration received, exclusive of sales

taxes and discounts.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short term highly liquid

investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of

changes in value.

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured

initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective

interest method, less any impairment.

Creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans,

are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost

using the effective interest method.

Turnover

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

value added tax and other sales taxes.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at

the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2017

and 31 March 2018

1,346

NET BOOK VALUE

At 31 March 2018

1,346

At 31 March 2017

1,346

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Other debtors

1

1

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Trade creditors

70,036

-

Other creditors

2,846

2,846

72,882

2,846

6.	ULTIMATE CONTROLLING PARTY