1 October 2023 false No description of principal activity Taxfiler 2024.6 06373781business:PrivateLimitedCompanyLtd2023-10-012024-09-30 063737812023-09-30 063737812023-10-012024-09-30 06373781business:AuditExemptWithAccountantsReport2023-10-012024-09-30 06373781business:FilletedAccounts2023-10-012024-09-30 063737812024-09-30 06373781business:Director12023-10-012024-09-30 06373781business:RegisteredOffice2023-10-012024-09-30 063737812023-09-30 06373781core:WithinOneYear2024-09-30 06373781core:WithinOneYear2023-09-30 06373781core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 06373781core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 06373781core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 06373781core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 06373781core:PreviouslyStatedAmount2024-09-30 06373781core:PreviouslyStatedAmount2023-09-30 06373781business:SmallEntities2023-10-012024-09-30 06373781countries:EnglandWales2023-10-012024-09-30 06373781core:FurnitureFittings2023-10-012024-09-30 06373781core:ComputerEquipment2023-10-012024-09-30 06373781core:LandBuildings2023-09-30 06373781core:FurnitureFittings2023-09-30 06373781core:ComputerEquipment2023-09-30 06373781core:LandBuildings2023-10-012024-09-30 06373781core:LandBuildings2024-09-30 06373781core:FurnitureFittings2024-09-30 06373781core:ComputerEquipment2024-09-30 06373781business:OrdinaryShareClass12023-10-012024-09-30 06373781business:OrdinaryShareClass12022-10-012023-09-30 063737812022-10-012023-09-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 06373781 (England and Wales)
Footpath Financial Limited Unaudited accounts for the year ended 30 September 2024
Footpath Financial Limited Unaudited accounts Contents
Page
- 2 -
Footpath Financial Limited Company Information for the year ended 30 September 2024
Director
Simon Latham
Company Number
06373781 (England and Wales)
Registered Office
Suite E, The Courtyard Ashford Road Mersham-Le-Hatch Ashford TN25 6NH United Kingdom
Accountants
Tanners Tax Accountants Steward House 14 Commercial Way Woking Surrey GU21 6ET
- 3 -
Footpath Financial Limited Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
759 
2,676 
Current assets
Debtors
14,709 
19,438 
Cash at bank and in hand
123 
9,032 
14,832 
28,470 
Creditors: amounts falling due within one year
(15,245)
(31,089)
Net current liabilities
(413)
(2,619)
Net assets
346 
57 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
345 
56 
Shareholders' funds
346 
57 
For the year ending 30 September 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 director acknowledges his 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 and authorised for issue on 25 June 2025 and were signed on its behalf by
Simon Latham Director Company Registration No. 06373781
- 4 -
Footpath Financial Limited Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
Footpath Financial Limited is a private company, limited by shares, registered in England and Wales, registration number 06373781. The registered office is Suite E, The Courtyard Ashford Road, Mersham-Le-Hatch, Ashford, TN25 6NH, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Fixtures & fittings
25% on cost
Computer equipment
25% on cost
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
- 5 -
Footpath Financial Limited Notes to the Accounts for the year ended 30 September 2024
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 October 2023
938 
7,584 
6,836 
15,358 
Additions
- 
496 
- 
496 
At 30 September 2024
938 
8,080 
6,836 
15,854 
Depreciation
At 1 October 2023
938 
6,993 
4,751 
12,682 
Charge for the year
- 
704 
1,709 
2,413 
At 30 September 2024
938 
7,697 
6,460 
15,095 
Net book value
At 30 September 2024
- 
383 
376 
759 
At 30 September 2023
- 
591 
2,085 
2,676 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
14,709 
19,438 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
14,045 
30,489 
Accruals
1,200 
600 
15,245 
31,089 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 6 -