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REGISTERED NUMBER: 15774973 (England and Wales)















Financial Statements for the Period 12 June 2024 to 31 December 2024

for

Catapult Marketing Solutions Ltd

Catapult Marketing Solutions Ltd (Registered number: 15774973)






Contents of the Financial Statements
for the Period 12 June 2024 to 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Catapult Marketing Solutions Ltd

Company Information
for the Period 12 June 2024 to 31 December 2024







DIRECTORS: R Dempster
M T Edwards
S Phillips





REGISTERED OFFICE: 15 Alban Park
Hatfield Road
ST ALBANS
AL4 0JJ





REGISTERED NUMBER: 15774973 (England and Wales)





AUDITORS: The Kelvin Partnership Ltd
Statutory Auditor
Chartered Accountants
The Cooper Building
505 Great Western Road
Glasgow
G12 8HN

Catapult Marketing Solutions Ltd (Registered number: 15774973)

Balance Sheet
31 December 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 6,775

CURRENT ASSETS
Debtors 5 29,652
Cash at bank 53,933
83,585
CREDITORS
Amounts falling due within one year 6 103,039
NET CURRENT LIABILITIES (19,454 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(12,679

)

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings (12,779 )
(12,679 )

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 9 May 2025 and were signed on its behalf by:





S Phillips - Director


Catapult Marketing Solutions Ltd (Registered number: 15774973)

Notes to the Financial Statements
for the Period 12 June 2024 to 31 December 2024

1. STATUTORY INFORMATION

Catapult Marketing Solutions Ltd 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.

The preparation of financial statements in compliance with Section 1A of FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the company's accounting policy.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The principal accounting policies adopted are set out below. These policies have been consistently applied to all periods presented.

Going concern
The directors have prepared forecasts for the next twelve months which take account of rising costs and expected demand based on current levels. The forecasts show that the group have adequate cash resources and have confirmed that they will continue to support the company for the foreseeable future.. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements. The directors consider it appropriate to prepare the financial statement based on the going concern basis of preparation for the reasons set out in the directors report

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.
Fixtures and fittings - 20% on cost
Computer equipment - 33% on cost

Financial instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all its financial instruments.

Financial instruments are recognized in the company's financial statements when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are only offset, with the net amounts presented 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.

Catapult Marketing Solutions Ltd (Registered number: 15774973)

Notes to the Financial Statements - continued
for the Period 12 June 2024 to 31 December 2024

2. ACCOUNTING POLICIES - continued

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Impairment of financial assets
Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of impairment at each reporting end date.

Derecognition of financial assets
Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the charity transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Basic financial liabilities
Basic financial liabilities, including creditors and loans are initially recognised at transaction price and are subsequently carried at amortised cost, using the effective interest rate method.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Catapult Marketing Solutions Ltd (Registered number: 15774973)

Notes to the Financial Statements - continued
for the Period 12 June 2024 to 31 December 2024

2. ACCOUNTING POLICIES - continued

Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are
measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Prepayments and accrued income
Prepayments are goods and services which have already been paid for, however, the full benefits of these goods are realised in the future. Accrued income is income that has been recognised at the time when it has been earned, which may not be the same time as it has been received.

Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short term
liquid investment with original maturities of three months or less, and bank overdrafts. Bank
overdrafts are shown within borrowing in current liabilities.

Creditors
Short term creditors are measured at the transaction price. Other financial liabilities are measured
initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Accrued Expenses
Accrued expenses are expenses that have incurred in one accounting period, however, are not paid until a future accounting period.

Holiday pay accrual
A liability is recognised to the extent of any unused pay entitlement which is accrued at the statement of financial position date and carried forward to future periods. This is measured at the undiscounted salary cost of the future holiday entitlement so accrued at the statement of financial position date.

.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 .

Catapult Marketing Solutions Ltd (Registered number: 15774973)

Notes to the Financial Statements - continued
for the Period 12 June 2024 to 31 December 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
Additions 718 6,551 7,269
At 31 December 2024 718 6,551 7,269
DEPRECIATION
Charge for period 60 434 494
At 31 December 2024 60 434 494
NET BOOK VALUE
At 31 December 2024 658 6,117 6,775

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 8,959
Amounts owed by group undertakings 11,651
Other debtors 9,042
29,652

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 1,829
Amounts owed to group undertakings 69,592
Taxation and social security 28,000
Other creditors 3,618
103,039

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Brian Meldrum CA (Senior Statutory Auditor)
for and on behalf of The Kelvin Partnership Ltd

Catapult Marketing Solutions Ltd (Registered number: 15774973)

Notes to the Financial Statements - continued
for the Period 12 June 2024 to 31 December 2024

8. RELATED PARTY DISCLOSURES

The company is a wholly owed subsidiary of the Prime Trading Group (UK) Limited and has taken advantage of exemption conferred by section 33 of FRS 102 "Related Party Disclosures" not to disclose transactions with Prime Trading Group (UK) Limited or other wholly owned subsidiaries within the group.

Also, Catapult Marketing Solutions Ltd was owed by RBR Solutions Ltd, which is a related entity with a common person with significant control, £6,233 which is included in debtors in the accounts. This entity is not a part of the Trading Group.

During the year, the company sold goods and services to the value of £17,463 to RBR Solutions Ltd.

9. ULTIMATE CONTROLLING PARTY

The directors regard Prime Trading Group (UK) Ltd. as the company's ultimate parent company.

The only company within the Prime Trading Group (UK) Ltd for which group financial statements are drawn up and of which the company is a member is Prime Trading Group (UK) Ltd. Copies of the group financial statements can be obtained from its registered office at 15 Alban Park, Hatfield, St. Albans,United Kingdom, AL4 0JJ.