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REGISTERED NUMBER: 09296860 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

KATTE & CO LTD.

KATTE & CO LTD. (REGISTERED NUMBER: 09296860)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KATTE & CO LTD.

Company Information
for the Year Ended 31 March 2023







DIRECTOR: T H Katte





REGISTERED OFFICE: 306 Edinburgh House
170 Kennington Lane
London
SE11 5DP





REGISTERED NUMBER: 09296860 (England and Wales)





ACCOUNTANTS: BWBCA Limited
Dukes Court
Duke Street
Woking
Surrey
GU21 5BH

KATTE & CO LTD. (REGISTERED NUMBER: 09296860)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 68,564 36,971

CURRENT ASSETS
Debtors 6 388,177 419,702
Cash at bank 192,054 350,566
580,231 770,268
CREDITORS
Amounts falling due within one year 7 462,105 668,702
NET CURRENT ASSETS 118,126 101,566
TOTAL ASSETS LESS CURRENT
LIABILITIES

186,690

138,537

PROVISIONS FOR LIABILITIES 15,092 -
NET ASSETS 171,598 138,537

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 171,597 138,536
SHAREHOLDERS' FUNDS 171,598 138,537

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

KATTE & CO LTD. (REGISTERED NUMBER: 09296860)

Balance Sheet - continued
31 March 2023


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 22 December 2023 and were signed by:





T H Katte - Director


KATTE & CO LTD. (REGISTERED NUMBER: 09296860)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Katte & Co Ltd. 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. Revenue is recognised when services are performed.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 20% 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at the balance sheet 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.

Foreign currencies
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 rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

KATTE & CO LTD. (REGISTERED NUMBER: 09296860)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

3. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Share based payments
The fair value of employee share options is calculated when they are granted using an option pricing
model. If material, the resulting cost is charged in the statement of income and retained earnings as an
employee benefit expense over the vesting period of the option together with a corresponding increase in equity.

Service conditions are not taken into account when determining the grant date fair value but the likelihood of the conditions being met is assessed as part of the best estimate of the number of share options that will ultimately vest.

4. EMPLOYEES

The average number of employees during the year was 37 (2022 - 24 ) .

5. TANGIBLE FIXED ASSETS
Fixtures
Leasehold and Computer
improvements fittings equipment Totals
£    £    £    £   
COST
At 1 April 2022 - 28,867 62,215 91,082
Additions 38,982 5,036 19,252 63,270
Disposals - (7,237 ) (5,327 ) (12,564 )
At 31 March 2023 38,982 26,666 76,140 141,788
DEPRECIATION
At 1 April 2022 - 20,431 33,680 54,111
Charge for year 7,088 5,788 17,404 30,280
Eliminated on disposal - (6,453 ) (4,714 ) (11,167 )
At 31 March 2023 7,088 19,766 46,370 73,224
NET BOOK VALUE
At 31 March 2023 31,894 6,900 29,770 68,564
At 31 March 2022 - 8,436 28,535 36,971

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 320,147 353,331
Other debtors 68,030 66,371
388,177 419,702

KATTE & CO LTD. (REGISTERED NUMBER: 09296860)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors 45,782 25,009
Taxation and social security 271,597 311,820
Other creditors 144,726 331,873
462,105 668,702

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.3.23 31.3.22
£    £   
Within one year 88,074 26,468
Between one and five years 43,196 -
131,270 26,468

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 31.3.22
value: £    £   
750 Ordinary A 0.1p 1 1
250 Ordinary B 0.1p - -
1 1

10. RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed the director £40,771 (2022: £160,236). This amount is interest free and repayable upon demand.

11. SHARE-BASED PAYMENT TRANSACTIONS

In 2018 the company granted 50 share options to an employees under an EMI scheme with an exercise price of £220 per share.

The options vest upon a share sale, asset sale or listing of the company and will be settled in equity.

At the balance sheet 50 share options were outstanding and none were exercisable.

As the option exercise price was equal to the market value at the date of grant, there was no material employee benefit expense to recognise in the financial statements.

On 29 December 2022, the company issued 61 share options under an EMI scheme with an exercise price of £975.81 per share. These were subsequently surrendered on 29 June 2023 and replaced with an issue of 61 share options on 30 June 2023 with an exercise price of £193 per share.