Caseware UK (AP4) 2024.0.164 2024.0.164 2025-05-31 2025-05-31 2026-05-22 No description of principal activity The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2024-06-01 false 2 2 true true false 11358361 2024-06-01 2025-05-31 11358361 2023-06-01 2024-05-31 11358361 2025-05-31 11358361 2024-05-31 11358361 c:Director1 2024-06-01 2025-05-31 11358361 c:Director2 2024-06-01 2025-05-31 11358361 c:RegisteredOffice 2024-06-01 2025-05-31 11358361 d:CurrentFinancialInstruments 2025-05-31 11358361 d:CurrentFinancialInstruments 2024-05-31 11358361 d:CurrentFinancialInstruments d:WithinOneYear 2025-05-31 11358361 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 11358361 d:ShareCapital 2025-05-31 11358361 d:ShareCapital 2024-05-31 11358361 d:RetainedEarningsAccumulatedLosses 2025-05-31 11358361 d:RetainedEarningsAccumulatedLosses 2024-05-31 11358361 c:FRS102 2024-06-01 2025-05-31 11358361 c:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 11358361 c:FullAccounts 2024-06-01 2025-05-31 11358361 c:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 11358361 e:PoundSterling 2024-06-01 2025-05-31 11358361 c:PrincipalPlaceBusiness 2024-06-01 2025-05-31 iso4217:GBP xbrli:pure

Company registration number: 11358361
| UNAUDITED FINANCIAL STATEMENTS
| FOR THE YEAR ENDED 31 MAY 2025
| PATHWAY GA LIMITED
PATHWAY GA LIMITED |  |
COMPANY INFORMATION
Directors | S C Philpot
| M P Ruckwood
Registered number | 11358361
Registered office | Bank Court
| 12a Manor Road
| Verwood
| Dorset
| BH31 6DY
Trading Address | Milewood House
| Hightown Hill
| Ringwood
| Hampshire
| BH31 6DY
Accountants | Menzies LLP
| Chartered Accountants
| Magna House
| 18-32 London Road
| Staines-Upon-Thames
| TW18 4BP
PATHWAY GA LIMITED |  |
CONTENTS
| Page
Statement of financial position | 1
Notes to the financial statements | 2 - 5
PATHWAY GA LIMITED REGISTERED NUMBER:11358361 |  |
STATEMENT OF FINANCIAL POSITION AS AT 31 MAY 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Current assets |  |  |  |  |
Stocks |  | 319,918 |  | 931,348 |
Debtors: amounts falling due within one year | 4 | 672,875 |  | 673,370 |
Cash at bank and in hand |  | 3,532 |  | 61 |
|  | 996,325 |  | 1,604,779 |
Creditors: amounts falling due within one year | 5 | (1,250,367) |  | (1,809,528) |
Net current liabilities |  |  | (254,042) |  | (204,749)
Total assets less current liabilities |  |  | (254,042) |  | (204,749)
Net liabilities |  |  | (254,042) |  | (204,749)
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 1 |  | 1
Profit and loss account |  |  | (254,043) |  | (204,750)
|  |  | (254,042) |  | (204,749)
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: 22 May 2026
The notes on pages 2 to 5 form part of these financial statements. Page 1
PATHWAY GA LIMITED |  |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025
1. | General information
Pathway GA Limited is a private company, limited by shares, registered in England and Wales. The company's registered office address can be found on the Company Information page. The presentation 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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and 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 £254,052 (2024: £204,749). 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, the company has prepared its financial statements on a going concern basis.
| 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 measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised: Sale of goods Revenue from the sale of goods is recognised when all of the following conditions are satisfied: ∙the company has transferred the significant risks and rewards of ownership to the buyer; ∙the company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; ∙the amount of revenue can be measured reliably; ∙it is probable that the company will receive the consideration due under the transaction; and ∙the costs incurred or to be incurred in respect of the transaction can be measured reliably. Rendering of services Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: ∙the amount of revenue can be measured reliably; ∙it is probable that the company will receive the consideration due under the contract; ∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and ∙the costs incurred and the costs to complete the contract can be measured reliably. Page 2
PATHWAY GA LIMITED |  |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025 2.Accounting policies (continued)
| 2.4 | Finance costs
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
| 2.5 | Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred.
| 2.6 | Taxation
Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.
| 2.7 | 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. Page 3
PATHWAY GA LIMITED |  |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025 2.Accounting policies (continued)
| 2.8 | Financial instruments
The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments. Basic financial assets Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial. The company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.
3. | Employees
| The average monthly number of employees, including directors, during the year was 2 (2024 -2).
4. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts owed by group undertakings | 671,870 | 673,370
| Other debtors | 1,005 | -
|  | 672,875 | 673,370
5. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Bank loans | 842,746 | 1,412,810
| Trade creditors | 7,612 | 3,282
| Amounts owed to group undertakings | 390,209 | 389,009
| Other taxation and social security | - | 1,577
| Other creditors | 5,700 | -
| Accruals and deferred income | 4,100 | 2,850
|  | 1,250,367 | 1,809,528
| The bank loans are secured on the company's assets by a fixed and floating charge that contains a negative pledge.
Page 4
PATHWAY GA LIMITED |  |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025
6. | Controlling party
The ultimate parent company is Pathway Developments Limited, a company registered in England & Wales, whose registered office is Bank Court, 12a Manor Road, Verwood, Dorset BH31 6DY.
Page 5