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Registration number: 16104171

Optimum Path Group Ltd

Unaudited Filleted Financial Statements

for the Period from 27 November 2024 to 31 March 2025

 

Optimum Path Group Ltd

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 7

 

Optimum Path Group Ltd

Company Information

Directors

M. Walker

A. J. Walker

Registered office

Westwood House
78 Loughborough Road
Quorn
Loughborough
Leicestershire
LE12 8DX

Accountants

Robert Whowell & Partners LLP
Chartered AccountantsWestwood House
78 Loughborough Road
Quorn
Loughborough
Leicestershire
LE12 8DX

 

Optimum Path Group Ltd

(Registration number: 16104171)
Balance Sheet as at 31 March 2025

Note

2025
£

Fixed assets

 

Investments

4

1,510,863

Current assets

 

Cash at bank and in hand

 

626

Creditors: Amounts falling due within one year

5

(85,000)

Net current liabilities

 

(84,374)

Total assets less current liabilities

 

1,426,489

Creditors: Amounts falling due after more than one year

5

(315,000)

Net assets

 

1,111,489

Capital and reserves

 

Called up share capital

6

5,203

Other reserves

746,468

Retained earnings

359,818

Shareholders' funds

 

1,111,489

 

Optimum Path Group Ltd

(Registration number: 16104171)
Balance Sheet as at 31 March 2025

For the financial period ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 4 August 2025 and signed on its behalf by:
 

.........................................
A. J. Walker
Director

 

Optimum Path Group Ltd

Notes to the Unaudited Financial Statements for the Period from 27 November 2024 to 31 March 2025

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Westwood House
78 Loughborough Road
Quorn
Loughborough
Leicestershire
LE12 8DX

These financial statements were authorised for issue by the Board on 4 August 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention.

Revenue recognition

Turnover comprises dividends received from subsidiary companies.

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

 

Optimum Path Group Ltd

Notes to the Unaudited Financial Statements for the Period from 27 November 2024 to 31 March 2025

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in the profit and loss account. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

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 change in value.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2.

 

Optimum Path Group Ltd

Notes to the Unaudited Financial Statements for the Period from 27 November 2024 to 31 March 2025

4

Investments

2025
£

Investments in subsidiaries

1,510,863

Subsidiaries

£

Cost

Additions

1,510,863

Carrying amount

At 31 March 2025

1,510,863

5

Creditors

Creditors: amounts falling due within one year

Note

2025
£

Due within one year

 

Loans and borrowings

7

85,000

Creditors: amounts falling due after more than one year

Note

2025
£

Due after one year

 

Loans and borrowings

7

315,000

 

Optimum Path Group Ltd

Notes to the Unaudited Financial Statements for the Period from 27 November 2024 to 31 March 2025

6

Share capital

Allotted, called up and fully paid shares

2025

No.

£

Ordinary shares of £1 each

5,200

5,200

Ordinary D shares of £1 each

1

1

Ordinary E shares of £1 each

1

1

Ordinary F shares of £1 each

1

1

5,203

5,203

7

Loans and borrowings

Non-current loans and borrowings

2025
£

Other borrowings

315,000

Current loans and borrowings

2025
£

Other borrowings

85,000

8

Related party transactions

Summary of transactions with other related parties

During the period the directors received dividends amounting to £23,157.