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REGISTERED NUMBER: 04942443 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH APRIL 2024

FOR

CATALYST ASSET & OFFICE SOLUTIONS LTD

CATALYST ASSET & OFFICE SOLUTIONS LTD (REGISTERED NUMBER: 04942443)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30th April 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CATALYST ASSET & OFFICE SOLUTIONS LTD

COMPANY INFORMATION
for the Year Ended 30th April 2024







DIRECTOR: Mr Peter Jeffrey Davies





SECRETARY: Mrs Loreta Hall





REGISTERED OFFICE: 100
Barbirolli Square
Manchester
United Kingdom
M2 3BD





REGISTERED NUMBER: 04942443 (England and Wales)





ACCOUNTANTS: Xeinadin
100 Barbirolli Square
Manchester
M2 3BD

CATALYST ASSET & OFFICE SOLUTIONS LTD (REGISTERED NUMBER: 04942443)

BALANCE SHEET
30th April 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 2,617 1,902

CURRENT ASSETS
Stocks 5,550 7,000
Debtors 5 11,729 12,478
Cash at bank 7,467 10,607
24,746 30,085
CREDITORS
Amounts falling due within one year 6 (80,304 ) (78,222 )
NET CURRENT LIABILITIES (55,558 ) (48,137 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(52,941

)

(46,235

)

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings (53,941 ) (47,235 )
SHAREHOLDERS' FUNDS (52,941 ) (46,235 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 31st January 2025 and were signed by:





Mr Peter Jeffrey Davies - Director


CATALYST ASSET & OFFICE SOLUTIONS LTD (REGISTERED NUMBER: 04942443)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30th April 2024


1. STATUTORY INFORMATION

Catalyst Asset & Office Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 04942443. The address of the registered office is 100 Barbirolli Square, Manchester, United Kingdom, M2 3BD. The principal place of business is 19 Poppy Walk, St James's Road, Goffs Oak, Hertfordshire, EN7 6TJ.

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.

At the reporting date, the company's liabilities exceed its assets. The company has received assurance from the director that he will continue to provide financial support to the company for at least twelve months from the date of signing these financial statements. On this basis, the director considers it appropriate to prepare accounts on a going concern basis.

Turnover
Turnover is measured as the fair value of the consideration received or receivable, excluding value added tax.

Turnover principally consists of income from the sale of goods purchased at auction and is recognised at the point of which the goods are provided.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

Depreciation on tangible fixed assets are charged to the profit and loss so as to write off their value, over their estimated useful lives, using the following methods:

Computer equipment-25% Straight Line
Fixtures & fittings-15% Reducing Basis

At each balance sheet date, the Company reviews the carrying amounts of its tangible fixed assets to determine whether there is any indication that any items of tangible fixed assets have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

If the recoverable amount of an asset is estimated to be less than its carrying amount, the carrying amount of the asset is reduced to its recoverable amount. Impairment loss is recognised as an expense immediately.

Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost.

CATALYST ASSET & OFFICE SOLUTIONS LTD (REGISTERED NUMBER: 04942443)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30th April 2024


2. ACCOUNTING POLICIES - continued

Cash and cash equivalents
Cash and cash equivalents are represented by cash at bank and in hand.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1st May 2023 6,264 - 6,264
Additions - 1,333 1,333
At 30th April 2024 6,264 1,333 7,597
DEPRECIATION
At 1st May 2023 4,362 - 4,362
Charge for year 285 333 618
At 30th April 2024 4,647 333 4,980
NET BOOK VALUE
At 30th April 2024 1,617 1,000 2,617
At 30th April 2023 1,902 - 1,902

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 136
Other debtors 11,729 11,729
VAT - 613
11,729 12,478

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 4 437
VAT 103 -
Other creditors 45,811 43,339
Directors' current accounts 32,686 32,686
Accruals and deferred income 1,700 1,760
80,304 78,222

7. RELATED PARTY DISCLOSURES

Included in Other debtors is an amount owed from a company under common control amounting to £11,729 (2023: £11,729).

Included in Other creditors is an amount owed from a company under common control amounting to £45,800 (2023: £42,300).