Company registration number:
16398961
Optimum Networks Ltd
Unaudited filleted financial statements
30 April 2026
Optimum Networks Ltd
Contents
Directors and other information
Statement of financial position
Notes to the financial statements
Optimum Networks Ltd
Directors and other information
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Director |
Mr D Darlington |
(Appointed 22 April 2025) |
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Company number |
16398961 |
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Registered office |
30 Lutterworth Avenue |
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Runcorn |
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WA7 1HY |
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Accountant |
JP Gallagher & Co |
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106 Moston Lane East |
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Manchester |
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M40 3QL |
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Optimum Networks Ltd
Statement of financial position
30 April 2026
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30/04/26 |
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Note |
£ |
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£ |
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Current assets |
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Debtors |
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5 |
100 |
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Cash at bank and in hand |
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12,157 |
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_______ |
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12,257 |
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Creditors: amounts falling due |
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within one year |
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6 |
(
2,650) |
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_______ |
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Net current assets |
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9,607 |
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_______ |
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Total assets less current liabilities |
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9,607 |
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_______ |
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Net assets |
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9,607 |
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_______ |
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Capital and reserves |
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Called up share capital |
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7 |
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100 |
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Profit and loss account |
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9,507 |
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_______ |
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Shareholder funds |
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9,607 |
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_______ |
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For the period ending 30 April 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
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The member has not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
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The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
14 July 2026
, and are signed on behalf of the board by:
Mr D Darlington
Director
Company registration number:
16398961
Optimum Networks Ltd
Notes to the financial statements
Period ended 30 April 2026
1.
General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is 30 Lutterworth Avenue, Runcorn, WA7 1HY.
2.
Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Debt instruments are subsequently measured at amortised cost.
4.
Employee numbers
The average number of persons employed by the company during the period amounted to
1
5.
Debtors
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30/04/26 |
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£ |
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Other debtors |
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100 |
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_______ |
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6.
Creditors: amounts falling due within one year
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30/04/26 |
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£ |
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Corporation tax |
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2,230 |
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Other creditors |
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420 |
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_______ |
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2,650 |
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7.
Called up share capital
8.
Directors advances, credits and guarantees
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During the period the director entered into the following advances and credits with the company: |
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Period ended 30/04/26 |
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Balance brought forward |
Advances /(credits) to the director |
Balance o/standing |
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£ |
£ |
£ |
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Mr D Darlington |
- |
100 |
100 |
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_______ |
_______ |
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