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Company Registration No. 12872418 (England and Wales)
New Pathway1 Limited Unaudited accounts for the year ended 30 September 2023
New Pathway1 Limited Unaudited accounts Contents
Page
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New Pathway1 Limited Company Information for the year ended 30 September 2023
Director
SOLOMON, OLABISI VICTORIA
Company Number
12872418 (England and Wales)
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New Pathway1 Limited Statement of financial position as at 30 September 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
18,892 
- 
Cash at bank and in hand
134,998 
165 
153,890 
165 
Creditors: amounts falling due within one year
(109,593)
(6,257)
Net current assets/(liabilities)
44,297 
(6,092)
Total assets less current liabilities
44,297 
(6,092)
Provisions for liabilities
Other provisions
- 
(8,360)
Net assets/(liabilities)
44,297 
(14,452)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
44,197 
(14,552)
Shareholders' funds
44,297 
(14,452)
For the year ending 30 September 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 24 January 2024 and were signed on its behalf by
SOLOMON, OLABISI VICTORIA Director Company Registration No. 12872418
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New Pathway1 Limited Notes to the Accounts for the year ended 30 September 2023
1
Statutory information
New Pathway1 Limited is a private company, limited by shares, registered in England and Wales, registration number 12872418.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
788 
- 
Other debtors
18,104 
- 
18,892 
- 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
(18,587)
- 
Taxes and social security
25,535 
- 
Other creditors
95,886 
- 
Loans from directors
6,759 
6,257 
109,593 
6,257 
6
Average number of employees
During the year the average number of employees was 20 (2022: 1).
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