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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
Page
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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
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CATHOLIC HERALD LIMITED Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
27,270 
29,426 
Current assets
Debtors
189,033 
23,204 
Cash at bank and in hand
140,002 
58,526 
329,035 
81,730 
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)
Capital and reserves
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
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CATHOLIC HERALD LIMITED Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
Additions
10,855 
- 
10,855 
At 31 December 2023
161,591 
29,984 
191,575 
Depreciation
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 
Net book value
At 31 December 2023
24,453 
2,817 
27,270 
At 31 December 2022
24,423 
5,003 
29,426 
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CATHOLIC HERALD LIMITED Notes to the Accounts for the year ended 31 December 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
10,392 
16,923 
Trade debtors
8,570 
6,281 
Accrued income and prepayments
4,287 
- 
Other debtors
667 
- 
23,916 
23,204 
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)
- 
Other creditors
760 
- 
Accruals
20,000 
109,994 
78,800 
363,712 
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).
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