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REGISTERED NUMBER: 04298841 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

Catalyze Limited

Catalyze Limited (Registered number: 04298841)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

Catalyze Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: Dr K M Bossley
R S Kitchen
Mrs C E Kitchen





SECRETARY: R S Kitchen





REGISTERED OFFICE: 40 Main Road
Colden Common
Winchester
Hampshire
SO21 1RR





REGISTERED NUMBER: 04298841 (England and Wales)





ACCOUNTANTS: C J A Accounting Limited
Delta House
16 Bridge Road
Haywards Heath
West Sussex
RH16 1UA

Catalyze Limited (Registered number: 04298841)

Statement of Financial Position
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 200,000 180,000
Tangible assets 5 17,786 12,759
Investments 6 20,008 20,008
237,794 212,767

CURRENT ASSETS
Debtors 7 1,177,448 1,212,202
Cash at bank 647,424 448,558
1,824,872 1,660,760
CREDITORS
Amounts falling due within one year 8 1,058,793 759,971
NET CURRENT ASSETS 766,079 900,789
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,003,873

1,113,556

CAPITAL AND RESERVES
Called up share capital 3,125 3,118
Share premium 60,963 -
Capital redemption reserve 35 35
Retained earnings 939,750 1,110,403
SHAREHOLDERS' FUNDS 1,003,873 1,113,556

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 directors acknowledge their 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.

Catalyze Limited (Registered number: 04298841)

Statement of Financial Position - 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 December 2023 and were signed on its behalf by:





R S Kitchen - Director


Catalyze Limited (Registered number: 04298841)

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

1. STATUTORY INFORMATION

Catalyze 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on cost
Computer equipment - 50% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Catalyze Limited (Registered number: 04298841)

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

2. 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 24 (2022 - 18 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2022 669,084
Additions 100,000
At 31 March 2023 769,084
AMORTISATION
At 1 April 2022 489,084
Charge for year 80,000
At 31 March 2023 569,084
NET BOOK VALUE
At 31 March 2023 200,000
At 31 March 2022 180,000

Catalyze Limited (Registered number: 04298841)

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

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 April 2022 3,641 10,275 38,928 52,844
Additions - 6,924 6,900 13,824
At 31 March 2023 3,641 17,199 45,828 66,668
DEPRECIATION
At 1 April 2022 3,641 9,360 27,084 40,085
Charge for year - 358 8,439 8,797
At 31 March 2023 3,641 9,718 35,523 48,882
NET BOOK VALUE
At 31 March 2023 - 7,481 10,305 17,786
At 31 March 2022 - 915 11,844 12,759

6. FIXED ASSET INVESTMENTS
Other
investment
£   
COST
At 1 April 2022
and 31 March 2023 20,008
NET BOOK VALUE
At 31 March 2023 20,008
At 31 March 2022 20,008

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 992,579 971,580
Amounts owed by group undertakings 30,197 42,131
Other debtors 9,300 53,119
Prepayments and accrued income 145,372 145,372
1,177,448 1,212,202

Catalyze Limited (Registered number: 04298841)

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

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors 88,832 119,543
Tax 504,666 277,339
Social security and other taxes 63,213 51,737
VAT 280,874 208,797
Other creditors 41,208 22,555
Directors' current accounts 80,000 80,000
1,058,793 759,971

9. CATALYZE EOT

The company is the sole shareholder of Catalyze EOT Limioted, a company formed to administer the Employee Ownership Trust on behalf of all employees of the company.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Catalyze Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Catalyze Limited for the year ended 31 March 2023 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Catalyze Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Catalyze Limited and state those matters that we have agreed to state to the Board of Directors of Catalyze Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Catalyze Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Catalyze Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Catalyze Limited. You consider that Catalyze Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Catalyze Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






C J A Accounting Limited
Delta House
16 Bridge Road
Haywards Heath
West Sussex
RH16 1UA


21 December 2023