Caseware UK (AP4) 2023.0.135 2023.0.135 2024-05-312024-05-312falsefalse2023-06-01Management of real estate2trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 12064807 2023-06-01 2024-05-31 12064807 2022-06-01 2023-05-31 12064807 2024-05-31 12064807 2023-05-31 12064807 c:Director1 2023-06-01 2024-05-31 12064807 c:Director2 2023-06-01 2024-05-31 12064807 c:RegisteredOffice 2023-06-01 2024-05-31 12064807 d:CurrentFinancialInstruments 2024-05-31 12064807 d:CurrentFinancialInstruments 2023-05-31 12064807 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 12064807 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 12064807 d:ShareCapital 2024-05-31 12064807 d:ShareCapital 2023-05-31 12064807 d:RetainedEarningsAccumulatedLosses 2024-05-31 12064807 d:RetainedEarningsAccumulatedLosses 2023-05-31 12064807 c:FRS102 2023-06-01 2024-05-31 12064807 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 12064807 c:FullAccounts 2023-06-01 2024-05-31 12064807 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 12064807 e:PoundSterling 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure
Company registration number: 12064807







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MAY 2024


PATHWAY MANOR CLOSE LIMITED






































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PATHWAY MANOR CLOSE LIMITED
 


 
COMPANY INFORMATION


Directors
S C Philpot 
M P Ruckwood 




Registered number
12064807



Registered office
Milewood House
Hightown Hill

Ringwood

Hampshire

BH24 3HE




Accountants
Menzies LLP
Chartered Accountants

Magna House

18-32 London Road

Staines-Upon-Thames

TW18 4BP





 


PATHWAY MANOR CLOSE LIMITED
 



CONTENTS



Page
Statement of financial position
1
Notes to the financial statements
2 - 3


 


PATHWAY MANOR CLOSE LIMITED
REGISTERED NUMBER:12064807



STATEMENT OF FINANCIAL POSITION
AS AT 31 MAY 2024

2024
2023
Note
£
£

  

Current assets
  

Stocks
  
2,104,142
2,096,504

Debtors: amounts falling due within one year
 4 
1,086
3,290

Cash at bank and in hand
  
57
540

  
2,105,285
2,100,334

Creditors: amounts falling due within one year
 5 
(2,134,005)
(2,127,093)

Net current liabilities
  
 
 
(28,720)
 
 
(26,759)

Total assets less current liabilities
  
(28,720)
(26,759)

  

Net liabilities
  
(28,720)
(26,759)


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
(28,721)
(26,760)

  
(28,720)
(26,759)


The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




S C Philpot
Director

Date: 8 April 2025

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 


PATHWAY MANOR CLOSE LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.


General information

Pathway Manor Close Limited is a private company, limited by shares, registered in England and Wales. The company's registered office address is given on the Company Information page.
The presentational currency of the financial statements is the Pound Sterling (£).

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

At the balance sheet date of 31 May 2024 the company shows a deficiency of total assets over total liabilities of £28,720 (2023: £26,759). Due to the ongoing support of the directors, and expectation regarding future trading performance, the company expects to meet its liabilities as they fall due.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is generated through management of real estate and is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 

 
2.4

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.


3.


Employees




The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

Page 2

 


PATHWAY MANOR CLOSE LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

4.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
990
3,090

Other debtors
96
200

1,086
3,290



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
577
1,200

Amounts owed to group undertakings
2,100,578
2,122,578

Accruals and deferred income
32,850
3,315

2,134,005
2,127,093



6.


Controlling party

The ultimate parent company is Pathway Developments Limited, a company registered in England & Wales, whose registered office is Milewood House, Hightown Hill, Hampshire, BH24 3HE.

 
Page 3