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Registered number: 12405915
Path4you Ltd
Financial Statements
For The Year Ended 31 January 2026
Accounting SQL Limited
2-4 Petworth Road
Haslemere
Surrey
GU27 2HR
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12405915
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 25,695 25,696
25,695 25,696
CURRENT ASSETS
Debtors 5 30,709 157,242
Cash at bank and in hand 123,686 116,568
154,395 273,810
Creditors: Amounts Falling Due Within One Year 6 (79,889 ) (33,056 )
NET CURRENT ASSETS (LIABILITIES) 74,506 240,754
TOTAL ASSETS LESS CURRENT LIABILITIES 100,201 266,450
Creditors: Amounts Falling Due After More Than One Year 7 (30,754 ) (36,891 )
NET ASSETS 69,447 229,559
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 69,347 229,459
SHAREHOLDERS' FUNDS 69,447 229,559
Page 1
Page 2
For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Ms Kerry Kay Harris
Director
04/05/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Path4you Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12405915 . The registered office is 61 St. Dunstans Close,, Worcester, WR5 2AJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% Reducing Balance
Fixtures & Fittings 25% Reducing Balance
Computer Equipment 25% Reducing Balance
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 13 (2025: 13)
13 13
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 February 2025 6,627 29,346 5,727 41,700
Additions - 6,705 796 7,501
As at 31 January 2026 6,627 36,051 6,523 49,201
Depreciation
As at 1 February 2025 3,366 10,687 1,951 16,004
Provided during the period 815 5,691 996 7,502
As at 31 January 2026 4,181 16,378 2,947 23,506
Net Book Value
As at 31 January 2026 2,446 19,673 3,576 25,695
As at 1 February 2025 3,261 18,659 3,776 25,696
5. Debtors
2026 2025
£ £
Due within one year
Trade debtors - 124,902
Prepayments and accrued income 8,950 9,429
VAT 132 132
Net wages 1,627 -
Director's loan account - 2,779
Amounts owed by other participating interests 20,000 20,000
30,709 157,242
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 1 -
Corporation tax - 26,098
Other taxes and social security 7,683 6,958
Director's loan account 72,205 -
79,889 33,056
7. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Bank loans 30,754 36,891
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Page 5
8. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 February 2025 Amounts advanced Amounts repaid Amounts written off As at 31 January 2026
£ £ £ £ £
Ms Kerry Harris 2,779 - 2,779 - -
The above loan is unsecured, interest free and repayable on demand.
10. Dividends
2026 2025
£ £
On equity shares:
Final dividend paid 74,981 -
11. Reserves
Profit and Loss Account
£
As at 1 February 2025 229,459
Loss for the year and total comprehensive income (85,131 )
Dividends paid (74,981)
As at 31 January 2026 69,347
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