Company registration number 09182239 (England and Wales)
CATTEE PROPERTIES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
PAGES FOR FILING WITH REGISTRAR
CATTEE PROPERTIES LIMITED
COMPANY INFORMATION
Directors
J Cattee
A Cattee
T Cattee
Company number
09182239
Registered office
11 Manchester Road
Walkden
Manchester
M28 3NS
Accountants
BK Plus Limited
7 Waterside Court
St. Helens
Merseyside
United Kingdom
WA9 1UA
CATTEE PROPERTIES LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 5
CATTEE PROPERTIES LIMITED
BALANCE SHEET
AS AT 30 SEPTEMBER 2024
30 September 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
15,930
19,913
Investment property
4
660,000
660,000
675,930
679,913
Current assets
Debtors
5
114,984
79,897
Cash at bank and in hand
41,747
69,415
156,731
149,312
Creditors: amounts falling due within one year
6
(520,426)
(527,661)
Net current liabilities
(363,695)
(378,349)
Total assets less current liabilities
312,235
301,564
Provisions for liabilities
(3,983)
(4,980)
Net assets
308,252
296,584
Capital and reserves
Called up share capital
3
3
Fair value reserve
7
6,911
6,911
Profit and loss reserves
301,338
289,670
Total equity
308,252
296,584
CATTEE PROPERTIES LIMITED
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2024
30 September 2024
- 2 -
For the financial year ended 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 12 June 2025 and are signed on its behalf by:
J Cattee
Director
Company registration number 09182239 (England and Wales)
CATTEE PROPERTIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 3 -
1
Accounting policies
Company information
Cattee Properties Limited is a private company limited by shares incorporated in England and Wales. The registered office is 11 Manchester Road, Walkden, Manchester, United Kingdom, M28 3NS. The principal place of business is Unit 6, Buttermilk Lane, Bolsover, S44 6AE.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Turnover
The turnover shown in the profit and loss account represents rents receivable during the year.
1.3
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Fixtures and fittings
20% reducing balance
1.4
Investment property
Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in the fair value reserve. If a reliable measure of fair value is no longer available without undue cost or effort for an item of investment property, it shall be transferred to tangible assets and treated as such until it is expected that fair value will be reliably measurable on an on-going basis.
1.5
Taxation
The tax expense represents the sum of the tax currently payable and deferred tax.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
Deferred tax
Deferred tax is provided for in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax has not been discounted.
CATTEE PROPERTIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 4 -
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
3
Tangible fixed assets
Fixtures and fittings
£
Cost
At 1 October 2023 and 30 September 2024
94,954
Depreciation and impairment
At 1 October 2023
75,041
Depreciation charged in the year
3,983
At 30 September 2024
79,024
Carrying amount
At 30 September 2024
15,930
At 30 September 2023
19,913
4
Investment property
2024
£
Fair value
At 1 October 2023 and 30 September 2024
660,000
The investment property is revalued annually at its open market value by the directors. The historical cost of the property is £653,089 (2023: £653,089)
5
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
3,242
2,314
Amounts owed by related parties
111,739
77,580
Other debtors
3
3
114,984
79,897
CATTEE PROPERTIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 5 -
6
Creditors: amounts falling due within one year
2024
2023
£
£
Corporation tax
4,773
7,962
Other creditors
515,653
519,699
520,426
527,661
7
Fair value reserve
2024
2023
£
£
At the beginning and end of the year
6,911
6,911
8
Related party transactions
Balances with related parties
The following amounts were outstanding at the reporting end date:
Amounts owed by
related parties
2024
2023
£
£
Other related parties
111,739
77,580
The above loans are unsecured, interest free and repayable on demand.