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REGISTERED NUMBER: 07485162 (England and Wales)












FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

KATMAI SOLUTIONS LTD

KATMAI SOLUTIONS LTD (REGISTERED NUMBER: 07485162)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


KATMAI SOLUTIONS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: M Payne
Dr R K Bodey





REGISTERED OFFICE: 9 The Avenue
Cirencester
Gloucestershire
GL7 1EJ





REGISTERED NUMBER: 07485162 (England and Wales)





ACCOUNTANTS: TC Group
The Old Carriage Works
Moresk Road
Truro
Cornwall
TR1 1DG

KATMAI SOLUTIONS LTD (REGISTERED NUMBER: 07485162)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - -
Investments 5 14,116 12,081
14,116 12,081

CURRENT ASSETS
Debtors 6 63,801 183,849
Cash at bank 119 231
63,920 184,080
CREDITORS
Amounts falling due within one year 7 531 20,532
NET CURRENT ASSETS 63,389 163,548
TOTAL ASSETS LESS CURRENT
LIABILITIES

77,505

175,629

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 77,504 175,628
SHAREHOLDERS' FUNDS 77,505 175,629

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

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 24 August 2024 and were signed on its behalf by:




M Payne - Director


KATMAI SOLUTIONS LTD (REGISTERED NUMBER: 07485162)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Katmai Solutions 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.

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 as modified by the revaluation of certain assets.

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 - 25% on cost

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 556
DEPRECIATION
At 1 April 2023
and 31 March 2024 556
NET BOOK VALUE
At 31 March 2024 -

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 April 2023 12,081
Revaluations 2,035
At 31 March 2024 14,116
NET BOOK VALUE
At 31 March 2024 14,116
At 31 March 2023 12,081

KATMAI SOLUTIONS LTD (REGISTERED NUMBER: 07485162)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

5. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 31 March 2024 is represented by:

Other
investments
£   
Valuation in 2024 (13,898 )
Cost 28,014
14,116

The listed investments are held with Hargreaves Lansdown stock-brokers, who have provided the market valuation at the balance sheet date.

If the assets were sold at the balance sheet date, the estimated corporation tax liability would be £nil .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 63,801 183,849

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 25 40
Other creditors 506 20,492
531 20,532

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
M Payne
Balance outstanding at start of year 129,445 97,345
Amounts advanced 45,876 129,445
Amounts repaid (129,445 ) (97,345 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 45,876 129,445

9. RELATED PARTY DISCLOSURES

The directors introduced net funds of £83,569 into the company during the period,. The Director owed the company £45,876 at 31 March 2024. (2023: £129,445.)

Interest was charged on the overdrawn Director's loan balance at HM Revenue and Customs prescribed rates.