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Company Registration No. 09403739 (England and Wales)
Pathfinder Sales Ltd Unaudited accounts for the year ended 31 March 2024
Pathfinder Sales Ltd Unaudited accounts Contents
Page
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Pathfinder Sales Ltd Company Information for the year ended 31 March 2024
Directors
Ms S Bell Mr T Bell
Company Number
09403739 (England and Wales)
Registered Office
WINDY RIDGE VICARAGE ROAD EAST BUDLEIGH BUDLEIGH SALTERTON DEVON EX9 7EF UNITED KINGDOM
Accountants
Brambillow Accounting Ltd Brookhouse Cranoe Road Welham Leicestershire LE16 7UH
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Pathfinder Sales Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
14,392 
15,618 
Current assets
Debtors
1,204 
26,750 
Cash at bank and in hand
19,589 
13,769 
20,793 
40,519 
Creditors: amounts falling due within one year
(1,898)
(6,606)
Net current assets
18,895 
33,913 
Total assets less current liabilities
33,287 
49,531 
Provisions for liabilities
Deferred tax
(2,735)
(2,968)
Net assets
30,552 
46,563 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
30,550 
46,561 
Shareholders' funds
30,552 
46,563 
For the year ending 31 March 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 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 of Directors and authorised for issue on 19 November 2024 and were signed on its behalf by
Ms S Bell Director Company Registration No. 09403739
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Pathfinder Sales Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Pathfinder Sales Ltd is a private company, limited by shares, registered in England and Wales, registration number 09403739. The registered office is WINDY RIDGE VICARAGE ROAD, EAST BUDLEIGH, BUDLEIGH SALTERTON, DEVON, EX9 7EF, 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.
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.
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:
Land & buildings
2.0% Straight Line
Fixtures & fittings
20.0% Reducing Balance
Computer equipment
33.3% Reducing Balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Pathfinder Sales Ltd Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
13,685 
6,119 
9,115 
28,919 
Additions
- 
125 
- 
125 
At 31 March 2024
13,685 
6,244 
9,115 
29,044 
Depreciation
At 1 April 2023
2,396 
3,177 
7,728 
13,301 
Charge for the year
274 
614 
463 
1,351 
At 31 March 2024
2,670 
3,791 
8,191 
14,652 
Net book value
At 31 March 2024
11,015 
2,453 
924 
14,392 
At 31 March 2023
11,289 
2,942 
1,387 
15,618 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
5,303 
Accrued income and prepayments
1,204 
2,660 
Other debtors
- 
18,787 
1,204 
26,750 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
93 
963 
Taxes and social security
230 
5,304 
Loans from directors
1,575 
339 
1,898 
6,606 
7
Transactions with related parties
Included within creditors is an amount of £1,575 (2023: £339) which is owed by the Company to the Directors. Included within debtors is an amount of £nil (2023: £18,787) which was owed by the Directors to the Company. Interest is not payable on any of these amounts and there is no fixed date for repayment.
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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