ACCOUNTS - Final Accounts preparation

Registered number: 13726876

OPD HOLDINGS LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

OPD HOLDINGS LIMITED

REGISTERED NUMBER: 13726876

BALANCE SHEET

AS AT 31 JANUARY 2025

		2025		2024
Note		£		£

Fixed assets
Investments	4		118		118
			118		118
Current assets
Debtors: amounts falling due within one year	5	302,825		252,825
Cash at bank and in hand	6	2,967		21,017
		305,792		273,842
Creditors: amounts falling due within one year	7	(634)		(600)
Net current assets			305,158		273,242
Total assets less current liabilities			305,276		273,360

Net assets			305,276		273,360

Capital and reserves
Called up share capital	8	119	119
Share option reserve	9	27,109	-
Profit and loss account	9	278,048	273,241
		305,276	273,360

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OPD HOLDINGS LIMITED

REGISTERED NUMBER: 13726876

BALANCE SHEET (CONTINUED)

AS AT 31 JANUARY 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

................................................ R C Wilkinson	................................................ C S Wilkinson
Director	Director

Date: 4 June 2025	Date:4 June 2025

The notes on pages 3 to 6 form part of these financial statements.

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OPD HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

1.	General information

OPD Holdings Limited is a private limited company limited by share capital, incorporated in England and Wales. The company's registration number is 13726876. The address of the registered office is 1-2 Cherry Barns, High Street, Harwell, Oxfordshire, United Kingdom, OX11 0EY.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.3

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.

2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.5

Creditors

Short-term 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.

2.6

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The average monthly number of employees, including directors, during the year was 2 (2024 - 2).

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OPD HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

4.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost or valuation
	At 1 February 2024	118
	At 31 January 2025	118

Debtors

					2025	2024
					£	£


Amounts owed by group undertakings	302,814	252,814
Other debtors	11	11
	302,825	252,825

6.	Cash and cash equivalents
		2025	2024
		£	£

Cash at bank and in hand	2,967	21,017
	2,967	21,017

7.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Amounts owed to group undertakings	634	600
	634	600

8.	Share capital
		2025	2024
		£	£

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OPD HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

8.Share capital (continued)

Allotted, called up and fully paid

89,100 (2024 - 891) Ordinary shares shares of £0.00010 each	9	9
1,100,000 (2024 - 1,100) Ordinary B shares shares of £0.00010 each	110	110

	119	119

The company sub-divided it's entire share capital with the nominal value of it's share capital decreasing from £0.01 per share to £0.0001 per share during the prior year. There were no changes to the share capital during the 2025 financial year.

Reserves

Share option reserve

This reserve arises from the recognition of the fair value of equity-settled share-based payments.

Profit and loss account

This reserve represents cumulative profits and losses retained by the Company after the payment of dividends and includes all current and prior period retained earnings.

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OPD HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

10.	Share-based payments
	The company established a share-option scheme in the year ended 31 January 2025 for the benefit of certain empoyees within the OPD group. The options will vest over six years from the date of the grants unless, specific conditions are not met as agreed contractually. The shares are ordinary £0.0001 shares. The exercise price of the 125,168 options granted in the year is £0.69 per share. The fair value has been recognised in the profit and loss as a debit with a corresponding entry to the share option reserve.
		Weighted average exercise price (pence) 2025	Number 2025	Weighted average exercise price (pence) 2024	Number 2024

	Granted during the year	69	125,168		-
	Outstanding at the end of the year	69	125,168		-

					2025	2024
					£	£

	Equity-settled schemes	27,109	-
		27,109	-

11.	Related party transactions
	The company maintains balances with it's subsidiary companies and company's under common control. Balances as at 31 Janaury 2025 are detailed below:

		2025	2024
		£	£

Amounts owed by OPD Property Limited	302,814	252,814
Amounts owed to Oxford Product Design Limited	(634)	(600)
	302,180	252,214

12.	Controlling party

The ultimate controlling party of the company was R & C Wilkinson for the duration of the period.

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