Badger Path Limited - Accounts

2017-04-01 2018-03-31 false Capium Accounts Production 1.1 08005204 bus:FullAccounts 2017-04-01 2018-03-31 08005204 bus:FRS102 2017-04-01 2018-03-31 08005204 bus:AuditExemptWithAccountantsReport 2017-04-01 2018-03-31 08005204 bus:SmallCompaniesRegimeForAccounts 2017-04-01 2018-03-31 08005204 bus:PrivateLimitedCompanyLtd 2017-04-01 2018-03-31 08005204 2017-04-01 2018-03-31 08005204 2018-03-31 08005204 bus:RegisteredOffice 2017-04-01 2018-03-31 08005204 core:WithinOneYear 2018-03-31 08005204 core:AfterOneYear 2018-03-31 08005204 bus:Director1 2017-04-01 2018-03-31 08005204 bus:Director1 2018-03-31 08005204 bus:Director1 2016-04-01 2017-03-31 08005204 2016-04-01 08005204 bus:CompanySecretary1 2017-04-01 2018-03-31 08005204 bus:LeadAgentIfApplicable 2017-04-01 2018-03-31 08005204 2016-04-01 2017-03-31 08005204 2017-03-31 08005204 core:WithinOneYear 2017-03-31 08005204 core:AfterOneYear 2017-03-31 08005204 bus:EntityAccountantsOrAuditors 2016-04-01 2017-03-31 08005204 bus:OrdinaryShareClass1 2017-04-01 2018-03-31 08005204 bus:OrdinaryShareClass1 2018-03-31 08005204 bus:OrdinaryShareClass1 2016-04-01 2017-03-31 08005204 bus:OrdinaryShareClass1 2017-03-31 08005204 core:CostValuation core:Non-currentFinancialInstruments 2018-03-31 08005204 core:CostValuation core:Non-currentFinancialInstruments 2017-03-31 08005204 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2018-03-31 08005204 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2018-03-31 08005204 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2018-03-31 08005204 core:Non-currentFinancialInstruments 2018-03-31 08005204 core:Non-currentFinancialInstruments 2017-03-31 08005204 core:ShareCapital 2018-03-31 08005204 core:ShareCapital 2017-03-31 08005204 core:RetainedEarningsAccumulatedLosses 2018-03-31 08005204 core:RetainedEarningsAccumulatedLosses 2017-03-31 08005204 dpl:Item1 2017-04-01 08005204 dpl:Item1 2018-03-31 08005204 dpl:Item1 2016-04-01 08005204 dpl:Item1 2017-03-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number : 08005204
England and Wales





Unaudited Financial Statements

Period of accounts

Start date: 01 April 2017

End date: 31 March 2018
The director presents his report and unaudited accounts for the year ended 31 March 2018.
Principal activities
The principal activity of the company during the financial year continues to be the provision of consultancy services.
The director who served the company throughout the year was as follows:
C. Shorter

Audit exemption
Badger Path Limited has taken advantage of the exemption under Section 477 of the Companies Act 2006 and these financial statements are therefore unaudited.
Statement of director's responsibilities
The director is responsible for preparing the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (Financial Reporting Standard 102 and applicable law). The financial statements are required by law to give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the director is required to:

- select suitable accounting policies and then apply them consistently;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the company and enable him to ensure that the financial statements comply with the Companies Act 2006. The director is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Small company regime
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime with Part 15 of the Companies Act 2006.

Signed on behalf of the board

C. Shorter

Date approved: 06 November 2018
Current assets      
Debtors 2 11,802    12,714 
Cash at bank and in hand 224,222    184,646 
236,024    197,360 
Creditors: amount falling due within one year 3 (25,967)   (21,801)
Net current assets 210,057    175,559 
Total assets less current liabilities 210,057    175,559 
Net assets 210,057    175,559 

Capital and reserves
Called up share capital 4 1    1 
Profit and loss account 210,056    175,558 
Shareholders funds 210,057    175,559 

For the year ended 31 March 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's Responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476
  2. 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
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have elected not to include the profit and loss account within the financial statements.
Signed on behalf of the board of directors

C. Shorter

Date approved by the board: 06 November 2018
General Information
Badger Path Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number 08005204,registration address Gate House,Bexton Lane,KNUTSFORD,WA16 9BP.  The principal activity of the company during the financial year continues to be the provision of consultancy services.

The presentation currency is £ sterling which is the company's functional policy.

Accounting Policies

Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard 102 Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (FRS 102) and the Companies Act 2006.
Statement of cash flows
The company has taken advantage of the exemption in FRS 102 Section 1A from the requirement to produce a cashflow statement because it is a small company.

Turnover is measured at the fair value of the consideration received or receivable and represents the amount receivable for goods supplied or services rendered by the company, net of Value Added Tax and trade discounts.
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively.

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Proposed dividends are only included as liabilities in the financial statements when their payment has been approved by the shareholders prior to the balance sheet date.
Defined contribution plan
Contributions to defined contribution plans are recognised as an expense in the period in which the contributions are due and payable.


Debtors: amounts falling due within one year

Trade Debtors 11,567    12,714 
PAYE & Social Security 235   
11,802    12,714 


Creditors: amount falling due within one year

Corporation Tax 10,154    14,580 
PAYE & Social Security   1,902 
Accrued Expenses 600    600 
Directors' Current Accounts 13,594    4,719 
VAT 1,619   
25,967    21,801 


Share Capital

1 Ordinary shares of £1.00 each
1 Ordinary shares of £1.00 each  


Related parties

During the year the company entered into the following transactions with related parties:
Transaction value Balance owed by/(owed to)
C. Shorter8,875 4,668 (13,594)(4,719)


Equity dividends   2018   2017
Dividends paid during the year - equity dividends on Ordinary shares - £8,793 per share (2017 - £28,300) 8,793 28,300
8,793 28,300