2024-01-012024-12-312024-12-31false06768666Pathway Enterprises Ltd2025-03-1382990falseiso4217:GBPxbrli:pure067686662024-01-01067686662024-12-31067686662024-01-012024-12-31067686662023-01-01067686662023-12-31067686662023-01-012023-12-3106768666bus:SmallEntities2024-01-012024-12-3106768666bus:AuditExempt-NoAccountantsReport2024-01-012024-12-3106768666bus:AbridgedAccounts2024-01-012024-12-3106768666bus:PrivateLimitedCompanyLtd2024-01-012024-12-3106768666core:WithinOneYear2024-12-3106768666core:AfterOneYear2024-12-3106768666core:WithinOneYear2023-12-3106768666core:AfterOneYear2023-12-3106768666core:ShareCapital2024-12-3106768666core:SharePremium2024-12-3106768666core:RevaluationReserve2024-12-3106768666core:OtherReservesSubtotal2024-12-3106768666core:RetainedEarningsAccumulatedLosses2024-12-3106768666core:ShareCapital2023-12-3106768666core:SharePremium2023-12-3106768666core:RevaluationReserve2023-12-3106768666core:OtherReservesSubtotal2023-12-3106768666core:RetainedEarningsAccumulatedLosses2023-12-3106768666core:LandBuildings2024-12-3106768666core:PlantMachinery2024-12-3106768666core:Vehicles2024-12-3106768666core:FurnitureFittings2024-12-3106768666core:OfficeEquipment2024-12-3106768666core:NetGoodwill2024-12-3106768666core:IntangibleAssetsOtherThanGoodwill2024-12-3106768666core:ListedExchangeTraded2024-12-3106768666core:UnlistedNon-exchangeTraded2024-12-3106768666core:LandBuildings2023-12-3106768666core:PlantMachinery2023-12-3106768666core:Vehicles2023-12-3106768666core:FurnitureFittings2023-12-3106768666core:OfficeEquipment2023-12-3106768666core:NetGoodwill2023-12-3106768666core:IntangibleAssetsOtherThanGoodwill2023-12-3106768666core:ListedExchangeTraded2023-12-3106768666core:UnlistedNon-exchangeTraded2023-12-3106768666core:LandBuildings2024-01-012024-12-3106768666core:PlantMachinery2024-01-012024-12-3106768666core:Vehicles2024-01-012024-12-3106768666core:FurnitureFittings2024-01-012024-12-3106768666core:OfficeEquipment2024-01-012024-12-3106768666core:NetGoodwill2024-01-012024-12-3106768666core:IntangibleAssetsOtherThanGoodwill2024-01-012024-12-3106768666core:ListedExchangeTraded2024-01-012024-12-3106768666core:UnlistedNon-exchangeTraded2024-01-012024-12-3106768666core:MoreThanFiveYears2024-01-012024-12-3106768666core:Non-currentFinancialInstruments2024-12-3106768666core:Non-currentFinancialInstruments2023-12-3106768666dpl:CostSales2024-01-012024-12-3106768666dpl:DistributionCosts2024-01-012024-12-3106768666core:LandBuildings2024-01-012024-12-3106768666core:PlantMachinery2024-01-012024-12-3106768666core:Vehicles2024-01-012024-12-3106768666core:FurnitureFittings2024-01-012024-12-3106768666core:OfficeEquipment2024-01-012024-12-3106768666dpl:AdministrativeExpenses2024-01-012024-12-3106768666core:NetGoodwill2024-01-012024-12-3106768666core:IntangibleAssetsOtherThanGoodwill2024-01-012024-12-3106768666dpl:GroupUndertakings2024-01-012024-12-3106768666dpl:ParticipatingInterests2024-01-012024-12-3106768666dpl:GroupUndertakingscore:ListedExchangeTraded2024-01-012024-12-3106768666core:ListedExchangeTraded2024-01-012024-12-3106768666dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2024-01-012024-12-3106768666core:UnlistedNon-exchangeTraded2024-01-012024-12-3106768666dpl:CostSales2023-01-012023-12-3106768666dpl:DistributionCosts2023-01-012023-12-3106768666core:LandBuildings2023-01-012023-12-3106768666core:PlantMachinery2023-01-012023-12-3106768666core:Vehicles2023-01-012023-12-3106768666core:FurnitureFittings2023-01-012023-12-3106768666core:OfficeEquipment2023-01-012023-12-3106768666dpl:AdministrativeExpenses2023-01-012023-12-3106768666core:NetGoodwill2023-01-012023-12-3106768666core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3106768666dpl:GroupUndertakings2023-01-012023-12-3106768666dpl:ParticipatingInterests2023-01-012023-12-3106768666dpl:GroupUndertakingscore:ListedExchangeTraded2023-01-012023-12-3106768666core:ListedExchangeTraded2023-01-012023-12-3106768666dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-01-012023-12-3106768666core:UnlistedNon-exchangeTraded2023-01-012023-12-3106768666core:NetGoodwill2024-12-3106768666core:IntangibleAssetsOtherThanGoodwill2024-12-3106768666core:LandBuildings2024-12-3106768666core:PlantMachinery2024-12-3106768666core:Vehicles2024-12-3106768666core:FurnitureFittings2024-12-3106768666core:OfficeEquipment2024-12-3106768666core:AfterOneYear2024-12-3106768666core:WithinOneYear2024-12-3106768666core:ListedExchangeTraded2024-12-3106768666core:UnlistedNon-exchangeTraded2024-12-3106768666core:ShareCapital2024-12-3106768666core:SharePremium2024-12-3106768666core:RevaluationReserve2024-12-3106768666core:OtherReservesSubtotal2024-12-3106768666core:RetainedEarningsAccumulatedLosses2024-12-3106768666core:NetGoodwill2023-12-3106768666core:IntangibleAssetsOtherThanGoodwill2023-12-3106768666core:LandBuildings2023-12-3106768666core:PlantMachinery2023-12-3106768666core:Vehicles2023-12-3106768666core:FurnitureFittings2023-12-3106768666core:OfficeEquipment2023-12-3106768666core:AfterOneYear2023-12-3106768666core:WithinOneYear2023-12-3106768666core:ListedExchangeTraded2023-12-3106768666core:UnlistedNon-exchangeTraded2023-12-3106768666core:ShareCapital2023-12-3106768666core:SharePremium2023-12-3106768666core:RevaluationReserve2023-12-3106768666core:OtherReservesSubtotal2023-12-3106768666core:RetainedEarningsAccumulatedLosses2023-12-3106768666core:NetGoodwill2023-01-0106768666core:IntangibleAssetsOtherThanGoodwill2023-01-0106768666core:LandBuildings2023-01-0106768666core:PlantMachinery2023-01-0106768666core:Vehicles2023-01-0106768666core:FurnitureFittings2023-01-0106768666core:OfficeEquipment2023-01-0106768666core:AfterOneYear2023-01-0106768666core:WithinOneYear2023-01-0106768666core:ListedExchangeTraded2023-01-0106768666core:UnlistedNon-exchangeTraded2023-01-0106768666core:ShareCapital2023-01-0106768666core:SharePremium2023-01-0106768666core:RevaluationReserve2023-01-0106768666core:OtherReservesSubtotal2023-01-0106768666core:RetainedEarningsAccumulatedLosses2023-01-0106768666core:AfterOneYear2024-01-012024-12-3106768666core:WithinOneYear2024-01-012024-12-3106768666core:Non-currentFinancialInstrumentscore:CostValuation2024-01-012024-12-3106768666core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-01-012024-12-3106768666core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-01-012024-12-3106768666core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-01-012024-12-3106768666core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-01-012024-12-3106768666core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-01-012024-12-3106768666core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-01-012024-12-3106768666core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-01-012024-12-3106768666core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-01-012024-12-3106768666core:Non-currentFinancialInstrumentscore:CostValuation2024-12-3106768666core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-12-3106768666core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-12-3106768666core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-12-3106768666core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-12-3106768666core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-12-3106768666core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-12-3106768666core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-12-3106768666core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-12-3106768666core:Non-currentFinancialInstrumentscore:CostValuation2023-12-3106768666core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-12-3106768666core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-12-3106768666core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-12-3106768666core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-12-3106768666core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-12-3106768666core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-12-3106768666core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-12-3106768666core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-12-3106768666bus:Director12024-01-012024-12-3106768666bus:Director22024-01-012024-12-31

Pathway Enterprises Ltd

Registered Number
06768666
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2024

Pathway Enterprises Ltd
Company Information
for the year from 1 January 2024 to 31 December 2024

Directors

Anne Burrell
Stephen Burrell

Company Secretary

Anne Burrell

Registered Address

19 Playses Green Hambridge
Langport
TA10 0AP

Registered Number

06768666 (England and Wales)
Pathway Enterprises Ltd
Balance Sheet as at
31 December 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets45,049358
5,049358
Current assets
Debtors58,7219,891
Cash at bank and on hand23,05816,401
31,77926,292
Creditors amounts falling due within one year6(29,467)(26,457)
Net current assets (liabilities)2,312(165)
Total assets less current liabilities7,361193
Provisions for liabilities(959)(68)
Net assets6,402125
Capital and reserves
Called up share capital100100
Profit and loss account6,30225
Shareholders' funds6,402125
The financial statements were approved and authorised for issue by the Board of Directors on 13 March 2025, and are signed on its behalf by:
Stephen Burrell
Director
Registered Company No. 06768666
Pathway Enterprises Ltd
Notes to the Financial Statements
for the year ended 31 December 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Turnover policy
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.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Plant and machinery25
Office Equipment33
2.Average number of employees

20242023
Average number of employees during the year22
3.Deferred tax
Increases in the UK Corporation tax rate from 19% to 25% (19% effective from 1 April 2017, and 25% effective from 1 April 2023) have been substantively enacted. This will impact the company's future tax charge accordingly. The value of the deferred tax assets at the balance sheet date has been calculated using the applicable rate when the asset is expected to be realised.
4.Tangible fixed assets

Total

£
Cost or valuation
At 01 January 249,886
Additions5,936
At 31 December 2415,822
Depreciation and impairment
At 01 January 249,527
Charge for year1,246
At 31 December 2410,773
Net book value
At 31 December 245,049
At 31 December 23358
5.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables8,6709,825
Prepayments and accrued income5166
Total8,7219,891
6.Creditors: amounts due within one year

2024

2023

££
Amounts owed to related parties13,01612,680
Taxation and social security15,53012,868
Accrued liabilities and deferred income921909
Total29,46726,457
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.