Pathfinder Clean Energy (PACE) UKDEV Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 11367271 (England and Wales)

Unaudited Financial Statements

for the Period 1 June 2020 to 31 January 2021

for

PATHFINDER CLEAN ENERGY (PACE) UKDEV LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R Denman

A J Ross

REGISTERED OFFICE:

Quayside House

Highland Terrace

Barrington Street

Tiverton

Devon

EX16 6PT

REGISTERED NUMBER:

11367271 (England and Wales)

ACCOUNTANTS:

William Withers & Co

Quayside House

Highland Terrace

Barrington Street

TIVERTON

Devon

EX16 6PT

CURRENT ASSETS

Debtors

4

624,161

283,026

Cash at bank

73,084

-

697,245

283,026

CREDITORS

Amounts falling due within one year

5

(1,067,978

)

(430,216

)

NET CURRENT LIABILITIES

(370,733

)

(147,190

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(370,733

)

(147,190

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(370,734

)

(147,191

)

SHAREHOLDERS' FUNDS

(370,733

)

(147,190

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2021.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 November 2021 and were signed on its behalf by:

R Denman - Director

1.	STATUTORY INFORMATION

Pathfinder Clean Energy (PACE) UKDEV Ltd 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 (2020 - 3 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.21

31.5.20

£

£

Other debtors

624,161

283,026

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.21

31.5.20

£

£

Trade creditors

131,654

21,474

Other creditors

936,324

408,742

1,067,978

430,216