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Registration number: 03401574

Optimum Path Holdings Ltd
(formerly Boldtype Ltd)

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2025

 

Optimum Path Holdings Ltd

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 7

 

Optimum Path Holdings Ltd

Company Information

Directors

A. J. Walker

M. Walker

Registered office

4 Brook Park
Gaddesby Lane
Rearsby
Leicester
LE7 4ZB

Accountants

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

 

Optimum Path Holdings Ltd

(Registration number: 03401574)
Balance Sheet as at 31 March 2025

Note

2025
£

2024
£

Fixed assets

 

Investments

4

161,045

161,045

Current assets

 

Investments

5

-

157,827

Cash at bank and in hand

 

-

223

 

-

158,050

Creditors: Amounts falling due within one year

6

-

(117,655)

Net current assets

 

-

40,395

Net assets

 

161,045

201,440

Capital and reserves

 

Called up share capital

7

10,405

10,405

Share premium reserve

33,186

33,186

Retained earnings

117,454

157,849

Shareholders' funds

 

161,045

201,440

 

Optimum Path Holdings Ltd

(Registration number: 03401574)
Balance Sheet as at 31 March 2025

For the financial year 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 year 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 Holdings Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1

General information

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

The company was formerly known as Boldtype Ltd.

The address of its registered office is:
4 Brook Park
Gaddesby Lane
Rearsby
Leicester
LE7 4ZB

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.

Dividend income

Dividend distributions from the company’s subsidiaries is recognised as income in the financial statements in the reporting period in which the dividends are declared.

Tax

The tax expense for the period comprises current tax. Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Optimum Path Holdings Ltd

Notes to the Unaudited Financial Statements for the Year Ended 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.

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 year, was 4 (2024 - 4).

 

Optimum Path Holdings Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4

Investments

2025
£

2024
£

Investments in subsidiaries

161,045

161,045

Subsidiaries

£

Cost

At 1 April 2024

161,045

At 31 March 2025

161,045

Carrying amount

At 31 March 2025

161,045

At 31 March 2024

161,045

5

Current asset investments

2025
£

2024
£

Other investments

-

157,827

Listed investments

Investments having a net book value of £Nil (31 March 2024 - £157,827) are listed on a recognised stock exchange and had a market value of £Nil at the end of the year (31 March 2024 - £157,827).

6

Creditors

Creditors: amounts falling due within one year

Note

2025
£

2024
£

Due within one year

 

Amounts owed to group undertakings

8

-

117,459

Taxation and social security

 

-

196

 

-

117,655

 

Optimum Path Holdings Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

7

Share capital

Allotted, called up and fully paid shares

2025

2024

No.

£

No.

£

Ordinary shares of £1 each

10,400

10,400

10,400

10,400

Ordianry B shares of £1 each

1

1

1

1

Ordinary C shares of £1 each

1

1

1

1

Ordinary D shares of £1 each

1

1

1

1

Ordinary E shares of £1 each

1

1

1

1

Ordinary F shares of £1 each

1

1

1

1

10,405

10,405

10,405

10,405

8

Related party transactions

Summary of transactions with subsidiaries

During the year the company received dividends of £528,939 (2024 - £239,991) from the subsidiary company.

At the balance sheet date the company owed £nil (2024 - £117,459) to the subsidiary company.

Summary of transactions with other related parties

During the year the directors, former directors and close family members received dividends amounting to £185,586 (2024 - £217,490).