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Company Registration No. 12098449 (England and Wales)
NEW PATH RESIDENTIAL LTD Accounts for the year ended 30 June 2025
NEW PATH RESIDENTIAL LTD Accounts Contents
Page
Statement of financial position
3
Notes to the accounts
4
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NEW PATH RESIDENTIAL LTD Statement of financial position as at 30 June 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
841,074
436,282
Current assets
Debtors
5
1,184
372
Cash at bank and in hand
1,341,902
1,113,183
1,343,086
1,113,555
Creditors: amounts falling due within one year
6
(312,350)
(437,600)
Net current assets
1,030,736
675,955
Net assets
1,871,810
1,112,237
Capital and reserves
Called up share capital
1
1
Profit and loss account
1,871,809
1,112,236
Shareholders' funds
1,871,810
1,112,237
For the year ending 30 June 2025 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 her 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 31 March 2026 and were signed on its behalf by
Saima Munir Raja Director Company Registration No. 12098449
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NEW PATH RESIDENTIAL LTD Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
NEW PATH RESIDENTIAL LTD is a private company, limited by shares, registered in England and Wales, registration number 12098449. The registered office is 475 Victoria Avenue, Southend-On-Sea, SS2 6NJ, England.
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:
Fixtures & fittings
20% Reducing Balance
Computer equipment
20% Reducing Balance
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 July 2024
421,172
1,796
17,091
440,059
Additions
378,542
35,729
861
415,132
At 30 June 2025
799,714
37,525
17,952
855,191
Depreciation
At 1 July 2024
-
359
3,418
3,777
Charge for the year
-
7,433
2,907
10,340
At 30 June 2025
-
7,792
6,325
14,117
Net book value
At 30 June 2025
799,714
29,733
11,627
841,074
At 30 June 2024
421,172
1,437
13,673
436,282
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Other debtors
1,184
372
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NEW PATH RESIDENTIAL LTD Notes to the Accounts for the year ended 30 June 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
248,952
349,252
Other creditors
3,095
-
Loans from directors
58,376
83,209
Accruals
1,927
5,139
312,350
437,600
7
Average number of employees
During the year the average number of employees was 64 (2024: 44).
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