Company Registration No. 08938279 (England and Wales)
CATKIN & PUSSYWILLOW LIMITED
Unaudited accounts
for the period from 1 April 2022 to 28 March 2023
CATKIN & PUSSYWILLOW LIMITED
Unaudited accounts
Contents
CATKIN & PUSSYWILLOW LIMITED
Company Information
for the period from 1 April 2022 to 28 March 2023
Director
Eleanor Kate Marlow
Company Number
08938279 (England and Wales)
Registered Office
Down Cottage Enmill Lane
Pitt
Winchester
SO22 5QR
England
Accountants
Cone Accounting Limited
85 Great Portland Street
First Floor
London
W1W 7LT
CATKIN & PUSSYWILLOW LIMITED
Statement of financial position
as at 28 March 2023
Intangible assets
18,507
18,507
Tangible assets
11,365
14,405
Cash at bank and in hand
(9,021)
38,081
Creditors: amounts falling due within one year
(105,365)
(118,996)
Net current liabilities
(88,026)
(33,173)
Total assets less current liabilities
(58,154)
(261)
Creditors: amounts falling due after more than one year
(43,784)
(42,583)
Net liabilities
(101,938)
(42,844)
Called up share capital
2,000
2,000
Profit and loss account
(103,938)
(44,844)
Shareholders' funds
(101,938)
(42,844)
For the period ending 28 March 2023 the company was entitled to exemption from audit 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 October 2023 and were signed on its behalf by
Eleanor Kate Marlow
Director
Company Registration No. 08938279
CATKIN & PUSSYWILLOW LIMITED
Notes to the Accounts
for the period from 1 April 2022 to 28 March 2023
CATKIN & PUSSYWILLOW LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08938279. The registered office is Down Cottage Enmill Lane, Pitt, Winchester, SO22 5QR, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Over the lease period
Motor vehicles
Reducing Balance 20%
Fixtures & fittings
Reducing Balance 25%
Computer equipment
Straight Line 33.33% & Reducing Balance 33.33%
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
CATKIN & PUSSYWILLOW LIMITED
Notes to the Accounts
for the period from 1 April 2022 to 28 March 2023
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
4
Intangible fixed assets
Other
5
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2022
2,397
11,495
18,443
4,267
36,602
At 28 March 2023
2,397
11,495
18,443
4,267
36,602
At 1 April 2022
-
4,996
14,101
3,100
22,197
Charge for the period
-
1,300
1,086
654
3,040
At 28 March 2023
-
6,296
15,187
3,754
25,237
At 28 March 2023
2,397
5,199
3,256
513
11,365
At 31 March 2022
2,397
6,499
4,342
1,167
14,405
Finished goods
17,730
31,505
CATKIN & PUSSYWILLOW LIMITED
Notes to the Accounts
for the period from 1 April 2022 to 28 March 2023
Amounts falling due within one year
Trade debtors
7,672
16,098
Accrued income and prepayments
206
-
8
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
-
5,128
Obligations under finance leases and hire purchase contracts
1,854
2,186
Trade creditors
35,302
44,201
Taxes and social security
31,696
39,371
Loans from directors
(13,357)
(15,427)
9
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
-
1,854
Allotted, called up and fully paid:
2,000 Ordinary shares of £1 each
2,000
2,000
11
Average number of employees
During the period the average number of employees was 5 (2022: 7).