Acorah Software Products - Accounts Production 15.0.600 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 08446136 Mrs Jessica Bhardwaj Mr Andrew Maudsley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08446136 2023-04-30 08446136 2024-04-30 08446136 2023-05-01 2024-04-30 08446136 frs-core:CurrentFinancialInstruments 2024-04-30 08446136 frs-core:ComputerEquipment 2024-04-30 08446136 frs-core:ComputerEquipment 2023-05-01 2024-04-30 08446136 frs-core:ComputerEquipment 2023-04-30 08446136 frs-core:FurnitureFittings 2024-04-30 08446136 frs-core:FurnitureFittings 2023-05-01 2024-04-30 08446136 frs-core:FurnitureFittings 2023-04-30 08446136 frs-core:ShareCapital 2024-04-30 08446136 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 08446136 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 08446136 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 08446136 frs-bus:SmallEntities 2023-05-01 2024-04-30 08446136 frs-bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 08446136 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 08446136 frs-bus:OrdinaryShareClass1 2023-05-01 2024-04-30 08446136 frs-bus:OrdinaryShareClass1 2024-04-30 08446136 frs-core:DeferredTaxation 2023-05-01 2024-04-30 08446136 frs-core:DeferredTaxation 2023-04-30 08446136 frs-core:DeferredTaxation 2024-04-30 08446136 frs-bus:Director1 2023-05-01 2024-04-30 08446136 frs-bus:Director2 2023-05-01 2024-04-30 08446136 frs-countries:EnglandWales 2023-05-01 2024-04-30 08446136 2022-04-30 08446136 2023-04-30 08446136 2022-05-01 2023-04-30 08446136 frs-core:CurrentFinancialInstruments 2023-04-30 08446136 frs-core:ShareCapital 2023-04-30 08446136 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30 08446136 frs-bus:OrdinaryShareClass1 2022-05-01 2023-04-30
Registered number: 08446136
Full Path Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
Ascendis Group
Chartered Certified Accountants, Taxation and Business Advisors
Unit 3, Building 2, The Colony Wilmslow
Altrincham Road
Wilmslow
Cheshire
SK9 4LY
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Accountant's Report
Report to the directors on the preparation of the unaudited statutory accounts of Full Path Limited for the year ended 30 April 2024
To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Full Path Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of Full Path Limited , as a body, in accordance with the terms of our engagement letter dated 18/05/2023. Our work has been undertaken solely to prepare for your approval the accounts of Full Path Limited and state those matters that we have agreed to state to the directors of Full Path Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Full Path Limited and its directors as a body for our work or for this report.
It is your duty to ensure that Full Path Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Full Path Limited . You consider that Full Path Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Full Path Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
25th June 2024
Ascendis Group
Chartered Certified Accountants, Taxation and Business Advisors
Unit 3, Building 2, The Colony Wilmslow
Altrincham Road
Wilmslow
Cheshire
SK9 4LY
Page 1
Page 2
Balance Sheet
Registered number: 08446136
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 5,369 6,360
5,369 6,360
CURRENT ASSETS
Debtors 5 18,465 27,336
Cash at bank and in hand 23,694 10,629
42,159 37,965
Creditors: Amounts Falling Due Within One Year 6 (45,663 ) (26,529 )
NET CURRENT ASSETS (LIABILITIES) (3,504 ) 11,436
TOTAL ASSETS LESS CURRENT LIABILITIES 1,865 17,796
PROVISIONS FOR LIABILITIES
Deferred Taxation 7 (1,342 ) (1,590 )
NET ASSETS 523 16,206
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 423 16,106
SHAREHOLDERS' FUNDS 523 16,206
Page 2
Page 3
For the year ending 30 April 2024 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Andrew Maudsley
Director
25th June 2024
The notes on pages 4 to 6 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Full Path Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08446136 . The registered office is Unit 3, Building 2, The Colony Wilmslow, Altrincham Road, Wilmslow, SK9 4LY.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 25% on cost
Computer Equipment 25% on cost
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
Page 4
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4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 May 2023 6,924 23,588 30,512
Additions 442 1,603 2,045
As at 30 April 2024 7,366 25,191 32,557
Depreciation
As at 1 May 2023 5,408 18,744 24,152
Provided during the period 855 2,181 3,036
As at 30 April 2024 6,263 20,925 27,188
Net Book Value
As at 30 April 2024 1,103 4,266 5,369
As at 1 May 2023 1,516 4,844 6,360
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 18,360 23,040
Other debtors 105 4,296
18,465 27,336
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 23,022 9,986
Taxation and social security 22,641 16,543
45,663 26,529
7. Deferred Taxation
The provision for deferred tax is made up as follows:
2024 2023
£ £
Other timing differences 1,342 1,590
8. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 May 2023 1,590 1,590
Additions (248 ) (248)
Balance at 30 April 2024 1,342 1,342
Page 5
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9. Share Capital
2024 2023
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1 each 100 100
Page 6