INCREMENTAL PATHWAY LIMITED


Directors	PRICKRIL, Gregory Robert
	STREET, Adam Matthew


Registered Address	4a Hafer Road
	London
	SW11 1HF


Registered Number	16016957 (England and Wales)

Balance Sheet as at
31 October 2025

	Notes	2025
		£	£
Fixed assets
Intangible assets	3		4,800
			4,800
Current assets
Debtors	4	96,007
Cash at bank and on hand		8,382
		104,389
Creditors amounts falling due within one year	5	(69,648)
Net current assets (liabilities)			34,741
Total assets less current liabilities			39,541
Net assets			39,541
Capital and reserves
Called up share capital			60
Profit and loss account			39,481
Shareholders' funds			39,541

The company was entitled to exemption from audit for this reporting period 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 Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 31 July 2026, and are signed on its behalf by:

STREET, Adam Matthew
Director
Registered Company No. 16016957

INCREMENTAL PATHWAY LIMITED

Notes to the Financial Statements
for the period ended 31 October 2025

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 accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Revenue from rendering of services
	Revenue 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Intangible assets
	Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.

	Share capital
	Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.

2.	Average number of employees


		2025
	Average number of employees during the year	2

3.	Intangible assets

	Other	Total
	£	£
Cost or valuation
Additions	6,000	6,000
At 31 October 25	6,000	6,000
Amortisation and impairment
Charge for year	1,200	1,200
At 31 October 25	1,200	1,200
Net book value
At 31 October 25	4,800	4,800
At 13 October 24	-	-

4.	Debtors: amounts due within one year

		2025
		£
	Trade debtors / trade receivables	96,007
	Total	96,007

5.	Creditors: amounts due within one year

		2025
		£
	Trade creditors / trade payables	41,590
	Bank borrowings and overdrafts	3,288
	Taxation and social security	19,944
	Other creditors	3,526
	Accrued liabilities and deferred income	1,300
	Total	69,648

6.	Share capital
	During the period ended 31st October 2025 the company issued 6,000 Ordinary 1p shares.

7.	Controlling party
	The controlling parties are Mr A Street and Mr G Prickri by virtue of their shareholding.