Company Registration No. 00288446 (England and Wales)
CATHOLIC HERALD LIMITED
Unaudited accounts
for the year ended 31 December 2023
CATHOLIC HERALD LIMITED
Unaudited accounts
Contents
CATHOLIC HERALD LIMITED
Company Information
for the year ended 31 December 2023
Directors
William Cash
Christopher Brown
Peter De Svastich
The Hon Sir Rocco Forte
Sean Hehir
Company Number
00288446 (England and Wales)
Registered Office
4th Floor The Anchorage
34 Bridge Street
Reading
RG1 2LU
Accountants
Addition Financial Limited
Addition at
1 Lyric Square
Hammersmith
London
W6 0NB
CATHOLIC HERALD LIMITED
Statement of financial position
as at 31 December 2023
Tangible assets
27,270
29,426
Cash at bank and in hand
140,002
58,526
Creditors: amounts falling due within one year
(78,800)
(363,712)
Net current assets/(liabilities)
250,235
(281,982)
Total assets less current liabilities
277,505
(252,556)
Creditors: amounts falling due after more than one year
(175,156)
(206,061)
Net assets/(liabilities)
102,349
(458,617)
Called up share capital
117,453
84,440
Share premium
1,590,387
611,045
Revaluation reserve
97,427
97,427
Profit and loss account
(1,702,918)
(1,251,529)
Shareholders' funds
102,349
(458,617)
For the year ending 31 December 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 directors acknowledge their 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 of Directors and authorised for issue on 2 August 2024 and were signed on its behalf by
William Cash
Director
Company Registration No. 00288446
CATHOLIC HERALD LIMITED
Notes to the Accounts
for the year ended 31 December 2023
CATHOLIC HERALD LIMITED is a private company, limited by shares, registered in England and Wales, registration number 00288446. The registered office is 4th Floor The Anchorage, 34 Bridge Street, Reading, RG1 2LU.
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 year, 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided in order to write off the assets over their estimated useful lives being 4 years
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2023
150,736
29,984
180,720
At 31 December 2023
161,591
29,984
191,575
At 1 January 2023
126,313
24,981
151,294
Charge for the year
10,825
2,186
13,011
At 31 December 2023
137,138
27,167
164,305
At 31 December 2023
24,453
2,817
27,270
At 31 December 2022
24,423
5,003
29,426
CATHOLIC HERALD LIMITED
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
Accrued income and prepayments
4,287
-
Amounts falling due after more than one year
Amounts due from group undertakings etc.
165,117
-
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
58,053
253,718
Taxes and social security
(13)
-
7
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
175,156
206,061
8
Average number of employees
During the year the average number of employees was 4 (2022: 5).