Company Registration No. 08938279 (England and Wales)
CATKIN & PUSSYWILLOW LIMITED
Unaudited accounts
for the year ended 28 March 2024
CATKIN & PUSSYWILLOW LIMITED
Unaudited accounts
Contents
CATKIN & PUSSYWILLOW LIMITED
Company Information
for the year ended 28 March 2024
Director
Eleanor Kate Marlow
Company Number
08938279 (England and Wales)
Registered Office
124 City Road
London
England
EC1V 2NX
Accountants
Cone Accounting Limited
124 City Road
London
EC1V 2NX
CATKIN & PUSSYWILLOW LIMITED
Statement of financial position
as at 28 March 2024
Intangible assets
18,507
18,507
Tangible assets
9,041
11,365
Cash at bank and in hand
4,321
(9,021)
Creditors: amounts falling due within one year
(147,255)
(105,365)
Net current liabilities
(124,676)
(88,026)
Total assets less current liabilities
(97,128)
(58,154)
Creditors: amounts falling due after more than one year
(34,704)
(43,784)
Net liabilities
(131,832)
(101,938)
Called up share capital
2,000
2,000
Profit and loss account
(133,832)
(103,938)
Shareholders' funds
(131,832)
(101,938)
For the year ending 28 March 2024 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 director acknowledges her 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 and authorised for issue on 22 November 2024 and were signed on its behalf by
Eleanor Kate Marlow
Director
Company Registration No. 08938279
CATKIN & PUSSYWILLOW LIMITED
Notes to the Accounts
for the year ended 28 March 2024
CATKIN & PUSSYWILLOW LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08938279. The registered office is 124 City Road, London, England, EC1V 2NX.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Over the lease period
Motor vehicles
Reducing Balance 20%
Fixtures & fittings
Reducing Balance 25%
Computer equipment
Straight Line 33.33% & Reducing Balance 33.33%
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
CATKIN & PUSSYWILLOW LIMITED
Notes to the Accounts
for the year ended 28 March 2024
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
4
Intangible fixed assets
Other
5
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 29 March 2023
2,397
11,495
18,443
4,267
36,602
At 28 March 2024
2,397
11,495
18,443
4,267
36,602
At 29 March 2023
-
6,296
15,187
3,754
25,237
Charge for the year
-
1,040
814
470
2,324
At 28 March 2024
-
7,336
16,001
4,224
27,561
At 28 March 2024
2,397
4,159
2,442
43
9,041
At 28 March 2023
2,397
5,199
3,256
513
11,365
Finished goods
3,285
17,730
CATKIN & PUSSYWILLOW LIMITED
Notes to the Accounts
for the year ended 28 March 2024
Amounts falling due within one year
Trade debtors
11,509
7,672
Accrued income and prepayments
2,752
206
8
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
22,085
-
Obligations under finance leases and hire purchase contracts
-
1,854
Trade creditors
34,774
35,302
Taxes and social security
17,245
31,696
Other creditors
3,561
2,842
Loans from directors
-
(13,357)
9
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
2,000 Ordinary shares of £1 each
2,000
2,000
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Average number of employees
During the year the average number of employees was 6 (2023: 5).