Green Path Consulting Ltd - Filleted accounts

Registered number

07288543

Green Path Consulting Ltd

Filleted Accounts

29 June 2017

Green Path Consulting Ltd
Registered number:		07288543
Balance Sheet
as at 29 June 2017

Notes			2017			2016
£				£
Fixed assets
Tangible assets	2		326			225

Current assets
Debtors	3	94,354			3,473
Cash at bank and in hand		26,201			16,069
		120,555			19,542

Creditors: amounts falling due within one year	4	(36,943)			(22,051)

Net current assets/(liabilities)			83,612			(2,509)

Net assets/(liabilities)			83,938			(2,284)

Capital and reserves
Called up share capital			100			100
Profit and loss account			83,838			(2,384)

Shareholders' funds			83,938			(2,284)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Aaron Tyler
Director
Approved by the board on 11 December 2017

Green Path Consulting Ltd
Notes to the Accounts
for the year ended 29 June 2017


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:



	Plant and machinery			25% reducing balance method


	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.


2	Tangible fixed assets
								Plant and machinery etc
£
	Cost
	At 30 June 2016							949
	Additions							209
	At 29 June 2017							1,158

	Depreciation
	At 30 June 2016							724
	Charge for the year							108
	At 29 June 2017							832

	Net book value
	At 29 June 2017							326
	At 29 June 2016							225


3	Debtors					2017		2016
£							£

	Trade debtors					3,450		3,450
	Other debtors					90,904		23
						94,354		3,473


4	Creditors: amounts falling due within one year					2017		2016
£							£

	Corporation tax					22,921		16,574
	Other taxes and social security costs					6,958		3,730
	Other creditors					7,064		1,747
						36,943		22,051


5	Loans (from)/ to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Aaron Tyler	(787)		(5,317)				(6,104)

		(787)		(5,317)		-		(6,104)


6	Other information

	Green Path Consulting Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	The Old Schoolhouse
	75A Jacobs Wells Road
	Clifton
	Bristol
	BS8 1DJ