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REGISTERED NUMBER: 04103820 (England and Wales)















CATALYST ENTERPRISES UK LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MAY 2024






CATALYST ENTERPRISES UK LIMITED (REGISTERED NUMBER: 04103820)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CATALYST ENTERPRISES UK LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTOR: C Kiaie





SECRETARY: C Kiaie





REGISTERED OFFICE: Dipford House, Queens Square
Huddersfield Road
Honley
Holmfirth
West Yorkshire
HD9 6QZ





REGISTERED NUMBER: 04103820 (England and Wales)





ACCOUNTANTS: STEAD ROBINSON
Dipford House, Queens Square
Huddersfield Road
Honley
Holmfirth
HD9 6QZ

CATALYST ENTERPRISES UK LIMITED (REGISTERED NUMBER: 04103820)

BALANCE SHEET
31 MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 310 1,521
Investment property 5 442,676 780,110
442,986 781,631

CURRENT ASSETS
Cash at bank 594 88,690

CREDITORS
Amounts falling due within one year 6 306,339 525,257
NET CURRENT LIABILITIES (305,745 ) (436,567 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

137,241

345,064

CREDITORS
Amounts falling due after more than one year 7 2,900 193,835
NET ASSETS 134,341 151,229

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 9 158,781 285,002
Retained earnings (24,540 ) (133,873 )
SHAREHOLDERS' FUNDS 134,341 151,229

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

CATALYST ENTERPRISES UK LIMITED (REGISTERED NUMBER: 04103820)

BALANCE SHEET - continued
31 MAY 2024


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 February 2025 and were signed by:





C Kiaie - Director


CATALYST ENTERPRISES UK LIMITED (REGISTERED NUMBER: 04103820)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1. STATUTORY INFORMATION

Catalyst Enterprises UK 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.

The directors agree that the funding provided by them will not be withdrawn in the foreseeable future, and expect that rental income will continue to cover the mortgage interest payments and it is on this basis that they consider it appropriate to prepare the financial statements on the going concern basis.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

CATALYST ENTERPRISES UK LIMITED (REGISTERED NUMBER: 04103820)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 June 2023
and 31 May 2024 10,172 1,724 11,896
DEPRECIATION
At 1 June 2023 8,719 1,656 10,375
Charge for year 1,146 65 1,211
At 31 May 2024 9,865 1,721 11,586
NET BOOK VALUE
At 31 May 2024 307 3 310
At 31 May 2023 1,453 68 1,521

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2023 780,110
Additions 469
Disposals (337,903 )
At 31 May 2024 442,676
NET BOOK VALUE
At 31 May 2024 442,676
At 31 May 2023 780,110

Fair value at 31 May 2024 is represented by:
£   
Valuation in 2008 2,609
Valuation in 2022 282,393
Valuation in 2024 (126,221 )
Cost 283,895
442,676

If investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 283,895 495,108

Investment property was valued on an open market basis on 31 May 2024 by the director .

CATALYST ENTERPRISES UK LIMITED (REGISTERED NUMBER: 04103820)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 306,339 525,257

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 2,900 193,835

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Mortgage - 189,735

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Mortgage - 189,735

9. RESERVES
Revaluation
reserve
£   
At 1 June 2023 285,002
Revaluation (126,221 )

At 31 May 2024 158,781