Silverfin false false 30/04/2024 01/05/2023 30/04/2024 D Gillen 02/04/2014 30 January 2025 The principal activity of the company continued to be that of marketing. 08973118 2024-04-30 08973118 bus:Director1 2024-04-30 08973118 2023-04-30 08973118 core:CurrentFinancialInstruments 2024-04-30 08973118 core:CurrentFinancialInstruments 2023-04-30 08973118 core:ShareCapital 2024-04-30 08973118 core:ShareCapital 2023-04-30 08973118 core:RetainedEarningsAccumulatedLosses 2024-04-30 08973118 core:RetainedEarningsAccumulatedLosses 2023-04-30 08973118 core:OfficeEquipment 2023-04-30 08973118 core:OfficeEquipment 2024-04-30 08973118 core:RemainingRelatedParties core:CurrentFinancialInstruments 2024-04-30 08973118 core:RemainingRelatedParties core:CurrentFinancialInstruments 2023-04-30 08973118 2023-05-01 2024-04-30 08973118 bus:FilletedAccounts 2023-05-01 2024-04-30 08973118 bus:SmallEntities 2023-05-01 2024-04-30 08973118 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 08973118 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 08973118 bus:Director1 2023-05-01 2024-04-30 08973118 core:OfficeEquipment 2023-05-01 2024-04-30 08973118 2022-05-01 2023-04-30 iso4217:GBP xbrli:pure

Company No: 08973118 (England and Wales)

CATO MARKETING LIMITED

UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 30 APRIL 2024
PAGES FOR FILING WITH THE REGISTRAR

CATO MARKETING LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 30 APRIL 2024

Contents

CATO MARKETING LIMITED

COMPANY INFORMATION

FOR THE FINANCIAL YEAR ENDED 30 APRIL 2024
CATO MARKETING LIMITED

COMPANY INFORMATION (continued)

FOR THE FINANCIAL YEAR ENDED 30 APRIL 2024
DIRECTOR D Gillen
REGISTERED OFFICE C/O PM+M New Century House
Greenbank Technology Park
Challenge Way
Blackburn
Lancashire
United Kingdom
BB1 5QB
United Kingdom
COMPANY NUMBER 08973118 (England and Wales)
CHARTERED ACCOUNTANTS PM+M Solutions for Business LLP
New Century House
Greenbank Technology Park
Challenge Way
Blackburn
BB1 5QB
CATO MARKETING LIMITED

BALANCE SHEET

AS AT 30 APRIL 2024
CATO MARKETING LIMITED

BALANCE SHEET (continued)

AS AT 30 APRIL 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 1,694 556
1,694 556
Current assets
Debtors 4 12,848 28,134
Cash at bank and in hand 39,454 19,931
52,302 48,065
Creditors: amounts falling due within one year 5 ( 45,615) ( 43,978)
Net current assets 6,687 4,087
Total assets less current liabilities 8,381 4,643
Provision for liabilities ( 424) ( 139)
Net assets 7,957 4,504
Capital and reserves
Called-up share capital 100 100
Profit and loss account 7,857 4,404
Total shareholder's funds 7,957 4,504

For the financial year ending 30 April 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Cato Marketing Limited (registered number: 08973118) were approved and authorised for issue by the Director on 30 January 2025. They were signed on its behalf by:

D Gillen
Director
CATO MARKETING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 30 APRIL 2024
CATO MARKETING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 30 APRIL 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Cato Marketing Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is C/O PM+M New Century House, Greenbank Technology Park, Challenge Way, Blackburn, Lancashire, United Kingdom, BB1 5QB, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Statement of Income and Retained Earnings in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Office equipment 25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 2 2

3. Tangible assets

Office equipment Total
£ £
Cost
At 01 May 2023 1,200 1,200
Additions 1,376 1,376
At 30 April 2024 2,576 2,576
Accumulated depreciation
At 01 May 2023 644 644
Charge for the financial year 238 238
At 30 April 2024 882 882
Net book value
At 30 April 2024 1,694 1,694
At 30 April 2023 556 556

4. Debtors

2024 2023
£ £
Amounts owed by related parties 0 7,668
Corporation tax 3,540 3,540
Other debtors 9,308 16,926
12,848 28,134

5. Creditors: amounts falling due within one year

2024 2023
£ £
Trade creditors 0 422
Taxation and social security 43,995 41,936
Other creditors 1,620 1,620
45,615 43,978

6. Related party transactions

Other related party transactions

At the balance sheet date an amount of £9,308 (2023 - £13,323) was owed to the company by a director. Interest has been applied at the standard rate of 2.5% on balances exceeding £10,000.