Catam Limited 11688514 false 2023-04-06 2024-04-05 2024-04-05 The principal activity of the company is activities of investment trusts Digita Accounts Production Advanced 6.30.9574.0 true true 11688514 2023-04-06 2024-04-05 11688514 2024-04-05 11688514 bus:OrdinaryShareClass1 2024-04-05 11688514 bus:OrdinaryShareClass2 2024-04-05 11688514 bus:OrdinaryShareClass3 2024-04-05 11688514 bus:OrdinaryShareClass4 2024-04-05 11688514 bus:OrdinaryShareClass5 2024-04-05 11688514 core:FinancialAssetsDesignatedFairValueThroughProfitOrLoss core:Non-currentFinancialInstruments 2024-04-05 11688514 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-05 11688514 bus:SmallEntities 2023-04-06 2024-04-05 11688514 bus:AuditExemptWithAccountantsReport 2023-04-06 2024-04-05 11688514 bus:FilletedAccounts 2023-04-06 2024-04-05 11688514 bus:SmallCompaniesRegimeForAccounts 2023-04-06 2024-04-05 11688514 bus:RegisteredOffice 2023-04-06 2024-04-05 11688514 bus:Director1 2023-04-06 2024-04-05 11688514 bus:OrdinaryShareClass1 2023-04-06 2024-04-05 11688514 bus:OrdinaryShareClass2 2023-04-06 2024-04-05 11688514 bus:OrdinaryShareClass3 2023-04-06 2024-04-05 11688514 bus:OrdinaryShareClass4 2023-04-06 2024-04-05 11688514 bus:OrdinaryShareClass5 2023-04-06 2024-04-05 11688514 bus:PrivateLimitedCompanyLtd 2023-04-06 2024-04-05 11688514 countries:AllCountries 2023-04-06 2024-04-05 11688514 2022-04-06 2023-04-05 11688514 2023-04-05 11688514 bus:OrdinaryShareClass1 2023-04-05 11688514 bus:OrdinaryShareClass2 2023-04-05 11688514 bus:OrdinaryShareClass3 2023-04-05 11688514 bus:OrdinaryShareClass4 2023-04-05 11688514 bus:OrdinaryShareClass5 2023-04-05 11688514 core:CurrentFinancialInstruments core:WithinOneYear 2023-04-05 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 11688514

Catam Limited

Annual Report and Unaudited Filleted Financial Statements

for the Year Ended 5 April 2024

 

Catam Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

Catam Limited

Company Information

Director

Mr AM Milne

Registered office

18 Bollin Hill
Wilmslow
Cheshire
SK9 4AW

Accountants

HML Davies Limited
Chartered Certified Accountant
9 Riverside
Waters Meeting Road
Bolton
BL1 8TU

 

Catam Limited

(Registration number: 11688514)
Balance Sheet as at 5 April 2024

Note

2024
£

2023
£

Fixed assets

 

Other financial assets

4

1,282,097

1,061,465

Current assets

 

Cash at bank and in hand

 

342,184

49,049

Creditors: Amounts falling due within one year

5

(1,341,085)

(1,059,115)

Net current liabilities

 

(998,901)

(1,010,066)

Total assets less current liabilities

 

283,196

51,399

Provisions for liabilities

(74,742)

-

Net assets

 

208,454

51,399

Capital and reserves

 

Called up share capital

6

5,000

4,000

Share premium reserve

20,500

-

Retained earnings

182,954

47,399

Shareholders' funds

 

208,454

51,399

For the financial year ending 5 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 members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 13 February 2025
 

.........................................
Mr AM Milne
Director

 

Catam Limited

Notes to the Unaudited Financial Statements for the Year Ended 5 April 2024

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
18 Bollin Hill
Wilmslow
Cheshire
SK9 4AW
England

These financial statements were authorised for issue by the director on 13 February 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

 

Catam Limited

Notes to the Unaudited Financial Statements for the Year Ended 5 April 2024

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2023 - 0).

 

Catam Limited

Notes to the Unaudited Financial Statements for the Year Ended 5 April 2024

4

Other financial assets (current and non-current)

Financial assets at fair value through profit and loss
£

Total
£

Non-current financial assets

Cost or valuation

At 6 April 2023

1,061,465

1,061,465

Fair value adjustments

239,142

239,142

Additions

234,593

234,593

Disposals

(248,177)

(248,177)

Transfers

(4,926)

(4,926)

At 5 April 2024

1,282,097

1,282,097

Carrying amount

At 5 April 2024

1,282,097

1,282,097

 

Catam Limited

Notes to the Unaudited Financial Statements for the Year Ended 5 April 2024

5

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

1,309,225

1,029,175

Trade creditors

 

1,860

-

Accruals and deferred income

 

1,920

1,860

Other creditors

 

28,080

28,080

 

1,341,085

1,059,115

6

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

A Ordinary Share of £1 each

1,000

1,000

1,000

1,000

B Ordinary Share of £1 each

1,000

1,000

1,000

1,000

C Ordinary Share of £1 each

1,000

1,000

1,000

1,000

D Ordinary Share of £1 each

1,000

1,000

1,000

1,000

E Ordinary Share of £1 each

1,000

1,000

-

-

5,000

5,000

4,000

4,000