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REGISTERED NUMBER: 04311315 (England and Wales)










CATENIAN INVESTMENTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1ST APRIL 2023 TO 31ST AUGUST 2024






CATENIAN INVESTMENTS LIMITED (REGISTERED NUMBER: 04311315)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1ST APRIL 2023 TO 31ST AUGUST 2024










Page

Balance Sheet 1 to 2

Notes to the Financial Statements 3 to 5


CATENIAN INVESTMENTS LIMITED (REGISTERED NUMBER: 04311315)

BALANCE SHEET
31ST AUGUST 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 670,000 930,000

CURRENT ASSETS
Debtors 5 5,227 757
Cash at bank 58,601 14,983
63,828 15,740
CREDITORS
Amounts falling due within one year 6 12,612 42,177
NET CURRENT ASSETS/(LIABILITIES) 51,216 (26,437 )
TOTAL ASSETS LESS CURRENT LIABILITIES 721,216 903,563

CREDITORS
Amounts falling due after more than one year 7 (336,709 ) (511,692 )

PROVISIONS FOR LIABILITIES (29,625 ) (36,352 )
NET ASSETS 354,882 355,519

CAPITAL AND RESERVES
Called up share capital 9 134 134
Non distributable reserves 10 205,912 310,868
Retained earnings 148,836 44,517
SHAREHOLDERS' FUNDS 354,882 355,519

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

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

The directors acknowledge their 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.

CATENIAN INVESTMENTS LIMITED (REGISTERED NUMBER: 04311315)

BALANCE SHEET - continued
31ST AUGUST 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 Board of Directors and authorised for issue on 26th March 2025 and were signed on its behalf by:




A J Fletcher - Director



A Kelly - Director


CATENIAN INVESTMENTS LIMITED (REGISTERED NUMBER: 04311315)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1ST APRIL 2023 TO 31ST AUGUST 2024


1. STATUTORY INFORMATION

Catenian Investments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 04311315

Registered office: Fairview Harewood Road
Skipton
BD23 1QR

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

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

At the time of signing these accounts, having considered the economic climate, the directors expectations and intentions for the next 12 months, and the availability of working capital, the directors are of the opinion that the company will remain viable for the foreseeable future and accordingly these financial statements have been prepared 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.

Investment property
Investment properties are measured at fair value at each reporting date with changes in fair value recognised in profit or loss.

Taxation
Taxation for the period 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 period 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.

CATENIAN INVESTMENTS LIMITED (REGISTERED NUMBER: 04311315)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1ST APRIL 2023 TO 31ST AUGUST 2024


2. ACCOUNTING POLICIES - continued

Financial instruments
The company only enters into transactions in ‘basic’ financial instruments which result in the recognition of assets and liabilities; these include trade and other debtors and creditors, bank balances, loans from banks and other third parties, and loans to related parties. These are recognised in the company’s balance sheet when it becomes party to the contractual provisions of the instrument.

Basic financial assets (other than those classified as payable within one year) are initially measured at cost and are subsequently carried at cost or amortised cost using the effective interest method, less any impairment losses. Basic financial assets classed as receivable within one year are not amortised.

Basic financial liabilities (other than those classified as payable within one year) are initially measured at present value of future cash flows and subsequently at amortised cost using the effective interest method. Basic financial liabilities classed as payable within one year are not amortised.

Financial assets and liabilities are offset, with the net amount reported in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Provisions
Provisions are recognised when the company has an obligation at the balance sheet date as a result of a past event, it is probable that an outflow of economic benefits will be required in settlement and the amount can be reliably estimated.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st April 2023 930,000
Disposals (260,000 )
At 31st August 2024 670,000
NET BOOK VALUE
At 31st August 2024 670,000
At 31st March 2023 930,000

Investment property is included in the financial statements at fair value of £670,000 which, in the opinion of the directors, fairly represents the open market value at the balance sheet date.

Historic cost of the investment properties is £434,463 (2023: £582,780)

Fair value at 31st August 2024 is represented by:
£   
Valuation in 2024 670,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 5,227 757

CATENIAN INVESTMENTS LIMITED (REGISTERED NUMBER: 04311315)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1ST APRIL 2023 TO 31ST AUGUST 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 8,358 3,124
Other creditors 4,254 39,053
12,612 42,177

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 336,709 511,692

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more than 5 years 336,709 511,692

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 336,709 511,692

The bank loans are secured by a first legal charge over the properties.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
134 Ordinary £1 134 134

10. RESERVES
Non
distributable
reserves
£   
At 1st April 2023 310,868
Transfer (104,956 )

At 31st August 2024 205,912