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REGISTERED NUMBER: 11382868 (England and Wales)
















Cator Forbes Limited

Unaudited Financial Statements

for the Year Ended 28th February 2022






Cator Forbes Limited (Registered number: 11382868)






Contents of the Financial Statements
for the Year Ended 28th February 2022




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Cator Forbes Limited

Company Information
for the Year Ended 28th February 2022







Director: Mr C G F Morgan





Registered office: 4th Floor
100 Fenchurch Street
London
London
EC3M 5JD





Registered number: 11382868 (England and Wales)





Accountants: Wilson Stevens
Accountants
4th Floor
100 Fenchurch Street
London
EC3M 5JD

Cator Forbes Limited (Registered number: 11382868)

Statement of Financial Position
28th February 2022

2022 2021
Notes £    £    £    £   
Fixed assets
Tangible assets 4 1,000 2,000

Current assets
Debtors 5 90,982 27,358
Cash at bank and in hand 1,334 6,371
92,316 33,729
Creditors
Amounts falling due within one year 6 80,486 22,934
Net current assets 11,830 10,795
Total assets less current liabilities 12,830 12,795

Creditors
Amounts falling due after more than one
year

7

12,525

12,083
Net assets 305 712

Capital and reserves
Called up share capital 100 100
Retained earnings 205 612
305 712

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Cator Forbes Limited (Registered number: 11382868)

Statement of Financial Position - continued
28th February 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 26th September 2023 and were signed by:





Mr C G F Morgan - Director


Cator Forbes Limited (Registered number: 11382868)

Notes to the Financial Statements
for the Year Ended 28th February 2022

1. Statutory information

Cator Forbes Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. Employees and directors

The average number of employees during the year was 1 (2021 - 1 ) .

Cator Forbes Limited (Registered number: 11382868)

Notes to the Financial Statements - continued
for the Year Ended 28th February 2022

4. Tangible fixed assets
Plant and
machinery
£   
Cost
At 1st March 2021
and 28th February 2022 4,000
Depreciation
At 1st March 2021 2,000
Charge for year 1,000
At 28th February 2022 3,000
Net book value
At 28th February 2022 1,000
At 28th February 2021 2,000

5. Debtors: amounts falling due within one year
2022 2021
£    £   
Other debtors 90,982 27,358

6. Creditors: amounts falling due within one year
2022 2021
£    £   
Bank loans and overdrafts 27 417
Taxation and social security 73,459 20,517
Other creditors 7,000 2,000
80,486 22,934

7. Creditors: amounts falling due after more than one year
2022 2021
£    £   
Bank loans 12,525 12,083

8. Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 28th February 2022 and 28th February 2021:

2022 2021
£    £   
Mr C G F Morgan
Balance outstanding at start of year 27,258 1,609
Amounts advanced 35,510 27,258
Amounts repaid - (1,609 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 62,768 27,258