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REGISTERED NUMBER: 08958209 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

CATCH INVESTMENTS LIMITED

CATCH INVESTMENTS LIMITED (REGISTERED NUMBER: 08958209)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


CATCH INVESTMENTS LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2024







DIRECTOR: C H Tan





REGISTERED OFFICE: 104 Park Street
London
W1K 6NF





REGISTERED NUMBER: 08958209 (England and Wales)





ACCOUNTANTS: Asset Accounting Ltd
56 Lavington Road
London
W13 9LS

CATCH INVESTMENTS LIMITED (REGISTERED NUMBER: 08958209)

ABRIDGED BALANCE SHEET
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,319 26,298
Investments 5 1,546,267 1,720,019
1,548,586 1,746,317

CURRENT ASSETS
Cash at bank 1,215 101,733

CREDITORS
Amounts falling due within one year 56,767 101,090
NET CURRENT (LIABILITIES)/ASSETS (55,552 ) 643
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,493,034

1,746,960

PROVISIONS FOR LIABILITIES 35,999 108,077
NET ASSETS 1,457,035 1,638,883

CAPITAL AND RESERVES
Called up share capital 6 50 50
Fair value reserve 7 396,814 464,475
Retained earnings 7 1,060,171 1,174,358
SHAREHOLDERS' FUNDS 1,457,035 1,638,883

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 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.

CATCH INVESTMENTS LIMITED (REGISTERED NUMBER: 08958209)

ABRIDGED BALANCE SHEET - continued
31 March 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 October 2024 and were signed by:





C H Tan - Director


CATCH INVESTMENTS LIMITED (REGISTERED NUMBER: 08958209)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Catch Investments 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 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 - 33% on reducing balance

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

CATCH INVESTMENTS LIMITED (REGISTERED NUMBER: 08958209)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023 69,161
Additions 1,399
Disposals (53,990 )
At 31 March 2024 16,570
DEPRECIATION
At 1 April 2023 42,863
Charge for year 1,142
Eliminated on disposal (29,754 )
At 31 March 2024 14,251
NET BOOK VALUE
At 31 March 2024 2,319
At 31 March 2023 26,298

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST OR VALUATION
At 1 April 2023 1,720,019
Additions 102,211
Impairments (270,645 )
Distributions (5,318 )
At 31 March 2024 1,546,267
NET BOOK VALUE
At 31 March 2024 1,546,267
At 31 March 2023 1,720,019

Cost or valuation at 31 March 2024 is represented by:
Totals
£   
Valuation in 2018 216,548
Valuation in 2019 21,227
Valuation in 2020 138,164
Valuation in 2021 135,595
Valuation in 2022 28,540
Valuation in 2023 27,480
Valuation in 2024 (270,645 )
Cost 1,249,358
1,546,267

CATCH INVESTMENTS LIMITED (REGISTERED NUMBER: 08958209)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024

5. FIXED ASSET INVESTMENTS - continued

As mentioned in note 7 of the financial statements for the year ending 31 March 2023, a potential impairment provision was noted concerning EdCo, an educational company with an investment value of £333,145. After recognising an impairment of £270,645 during the current year, the investment is valued at £62,500 as of 31 March 2024. With this in mind, the director in his opinion, believes that the carrying value of other investments does not significantly differ from their fair value.

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
50 Ordinary 1 50 50

7. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 April 2023 1,174,358 464,475 1,638,833
Deficit for the year (181,848 ) (181,848 )
Reserve transfer 67,661 (67,661 ) -
At 31 March 2024 1,060,171 396,814 1,456,985

8. ULTIMATE CONTROLLING PARTY

The company is controlled by Mr C Tan who owns 60% of the company’s issued share capital with the remainder held by his immediate family. Mr Tan is considered to be the ultimate controlling party.