Company Registration No. 11435893 (England and Wales)
ABSOLUTE PATH LIMITED
Unaudited accounts
for the year ended 30 June 2023
ABSOLUTE PATH LIMITED
Unaudited accounts
Contents
ABSOLUTE PATH LIMITED
Company Information
for the year ended 30 June 2023
Company Number
11435893 (England and Wales)
Registered Office
2 BROWNS COTTAGES
STOCKLEIGH POMEROY
CREDITON
EX17 4AU
UNITED KINGDOM
ABSOLUTE PATH LIMITED
Statement of financial position
as at 30 June 2023
Cash at bank and in hand
11,670
28,108
Creditors: amounts falling due within one year
(2,669)
(17,438)
Net current assets
9,001
10,670
Profit and loss account
9,001
10,670
Shareholders' funds
9,001
10,670
For the year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 26 March 2024 and were signed on its behalf by
Bryan Hughes
Director
Company Registration No. 11435893
ABSOLUTE PATH LIMITED
Notes to the Accounts
for the year ended 30 June 2023
ABSOLUTE PATH LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11435893. The registered office is 2 BROWNS COTTAGES, STOCKLEIGH POMEROY, CREDITON, EX17 4AU, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20% Reducing Balance
4
Tangible fixed assets
Computer equipment
5
Creditors: amounts falling due within one year
2023
2022
Loans from directors
2,469
17,238
ABSOLUTE PATH LIMITED
Notes to the Accounts
for the year ended 30 June 2023
6
Average number of employees
During the year the average number of employees was 1 (2022: 1).
