Path To Performance Ltd 13736901 false 2022-12-01 2023-11-30 2023-11-30 The principal activity of the company is that of providing management consultancy services. Digita Accounts Production Advanced 6.30.9574.0 true 13736901 2022-12-01 2023-11-30 13736901 2023-11-30 13736901 core:RetainedEarningsAccumulatedLosses 2023-11-30 13736901 core:ShareCapital 2023-11-30 13736901 core:CurrentFinancialInstruments 2023-11-30 13736901 core:CurrentFinancialInstruments core:WithinOneYear 2023-11-30 13736901 core:FurnitureFittings 2023-11-30 13736901 bus:SmallEntities 2022-12-01 2023-11-30 13736901 bus:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 13736901 bus:FullAccounts 2022-12-01 2023-11-30 13736901 bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 13736901 bus:RegisteredOffice 2022-12-01 2023-11-30 13736901 bus:Director1 2022-12-01 2023-11-30 13736901 bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 13736901 core:FurnitureFittings 2022-12-01 2023-11-30 13736901 core:FurnitureFittingsToolsEquipment 2022-12-01 2023-11-30 13736901 countries:AllCountries 2022-12-01 2023-11-30 13736901 2022-11-30 13736901 core:FurnitureFittings 2022-11-30 13736901 2021-11-11 2022-11-30 13736901 2022-11-30 13736901 core:RetainedEarningsAccumulatedLosses 2022-11-30 13736901 core:ShareCapital 2022-11-30 13736901 core:CurrentFinancialInstruments 2022-11-30 13736901 core:CurrentFinancialInstruments core:WithinOneYear 2022-11-30 13736901 core:FurnitureFittings 2022-11-30 iso4217:GBP xbrli:pure

Registration number: 13736901

Path To Performance Ltd

Annual Report and Unaudited Abridged Financial Statements

for the Year Ended 30 November 2023

 

Path To Performance Ltd

Contents

Company Information

1

Abridged Balance Sheet

2

Notes to the Unaudited Abridged Financial Statements

3 to 4

 

Path To Performance Ltd

Company Information

Director

H Sheridan

Registered office

Suite 1B1 Argyle House
Northside
Joel Street
Northwood Hills
HA6 1NW

Accountants

Ross + Partners
Chartered Certified Accountants
Suite 1B1 Argyle House
Northside
Joel Street
Northwood Hills
HA6 1NW

 

Path To Performance Ltd

(Registration number: 13736901)
Abridged Balance Sheet as at 30 November 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

3

193

387

Current assets

 

Debtors

349

600

Cash at bank and in hand

 

4,037

1,261

 

4,386

1,861

Creditors: Amounts falling due within one year

(3,492)

(1,480)

Net current assets

 

894

381

Net assets

 

1,087

768

Capital and reserves

 

Called up share capital

100

100

Retained earnings

987

668

Shareholders' funds

 

1,087

768

For the financial year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the director on 30 August 2024
 

.........................................
H Sheridan
Director

   
     
 

Path To Performance Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 November 2023

1

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Furnitures and fittings

33.33% straight line basis

 

Path To Performance Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 November 2023

2

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2022 - 1).

3

Tangible assets

Fixtures and fittings
£

Total
£

Cost or valuation

At 1 December 2022

580

580

At 30 November 2023

580

580

Depreciation

At 1 December 2022

193

193

Charge for the year

194

194

At 30 November 2023

387

387

Carrying amount

At 30 November 2023

193

193

At 30 November 2022

387

387

4

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary Shares of £1 each

100

100

100

100