Pathfinder Business Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 05919772 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2016

FOR

PATHFINDER BUSINESS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

R Denman

SECRETARY:

C E Denman

REGISTERED OFFICE:

Quayside House Highland Terrace

Barrington Street

Tiverton

Devon

EX16 6PT

REGISTERED NUMBER:

05919772 (England and Wales)

ACCOUNTANTS:

William Withers & Co

Quayside House

Highland Terrace

Barrington Street

TIVERTON

Devon

EX16 6PT

FIXED ASSETS

Intangible assets

2

-

113

Tangible assets

3

175

350

175

463

CURRENT ASSETS

Debtors

1,577

Cash at bank

264

114

1,841

1,691

CREDITORS

Amounts falling due within one year

134,602

132,343

NET CURRENT LIABILITIES

(132,761

)

(130,652

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(132,586

)

(130,189

)

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

(132,686

)

(130,289

)

SHAREHOLDERS' FUNDS

(132,586

)

(130,189

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 31 December 2016 and were signed by:

R Denman - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2015

and 31 August 2016

1,580

AMORTISATION

At 1 September 2015

1,467

Amortisation for year

113

At 31 August 2016

1,580

NET BOOK VALUE

At 31 August 2016

-

At 31 August 2015

113

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2015

and 31 August 2016

1,970

DEPRECIATION

At 1 September 2015

1,620

Charge for year

175

At 31 August 2016

1,795

NET BOOK VALUE

At 31 August 2016

175

At 31 August 2015

350

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.16

31.8.15

value:

£

100

Ordinary

£1

100