Registered Number: 13769896

 

 

 

 

 

 

 

 

 

 

 

CATAPULT LABS LTD

ANNUAL REPORT AND UNAUDITED ACCOUNTS

FOR THE PERIOD FROM 01 December 2023 TO 30 November 2024

 

CATAPULT LABS LTD

ANNUAL REPORT AND UNAUDITED ACCOUNTS

CONTENTS

 

 

Page

 

 

Company information

3

 

 

Statement of financial position

4

 

 

Notes to the accounts

6

CATAPULT LABS LTD

COMPANY INFORMATION

FOR THE PERIOD FROM 01 DECEMBER 2023 TO 30 NOVEMBER 2024

 

Directors

Ravsumeet Singh Sandhu

 

Gregory Barnard Wilsenach

 

 

Company Number

13769896 (England and Wales)

 

 

Registered Office

241 Southwark Bridge Road

 

London

 

SE1 6FP

CATAPULT LABS LTD

STATEMENT OF FINANCIAL POSITION

FOR THE PERIOD FROM 01 DECEMBER 2023 TO 30 NOVEMBER 2024

 

Account

Notes

2024

2023

 

 

£

£

 

 

  

Fixed Assets

 

 

 

 

 

 

 

Tangible Assets

 

 

 

 

 

 

 

Computer Equipment

 

15,599

15,599

Intangibles

 

191,373

2,000

Less Accumulated Depreciation on Computer Equipment

 

(11,140)

(5,940)

 

 

 

 

Total Tangible Assets

 

195,832

11,659

 

 

 

 

Total Fixed Assets

 

195,832

11,659

 

 

 

 

Current Assets

 

 

 

 

 

 

 

Cash at bank and in hand

 

2,583,316

2,877,015

Deposit

 

12,840

29,400

Prepayments

 

343

7,532

 

 

 

 

Total Current Assets

 

2,596,499

2,913,947

 

 

 

 

Creditors: amounts falling due within one year

4

116,944

136,180

 

 

 

 

Net Current Assets (Liabilities)

 

2,479,555

2,777,768

 

 

 

 

Total Assets less Current Liabilities

 

2,675,386

2,789,426

 

 

 

 

Net Assets

 

2,675,386

2,789,426

 

 

 

 

Capital and Reserves

 

 

 

 

 

 

 

Capital - £0.0001, 820,000 Ordinary Shares

 

82

82

Current Year Earnings

 

(114,041)

(867,674)

Exercised Share Options

 

1

0

Retained Earnings

 

(1,268,154)

(400,481)

SAFE

 

4,057,499

4,057,499

 

 

 

 

Total Capital and Reserves

 

2,675,386

2,789,426

 

CATAPULT LABS LTD

BALANCE SHEET

FOR THE PERIOD FROM 01 DECEMBER 2023 TO 30 NOVEMBER 2024

 

For the period ending 30 November 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 in accordance with section 476 of the Companies Act 2006.

 

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

 

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities.

 

The financial statements were approved by the Board of Directors and authorised for issue on _____________ and were signed on its behalf by

 

 

 

 

Ravsumeet Singh Sandhu

Director

 

Company Registration No. 13769896

 

 

CATAPULT LABS LTD

NOTES TO THE ACCOUNTS

FOR THE PERIOD FROM 01 DECEMBER 2023 TO 30 NOVEMBER 2024

 

1     Statutory information

 

CATAPULT LABS LTD is a private company, limited by shares, registered in England and Wales, registration number 13769896. The registered office is 241 Southwark Bridge Road, London, SE1 6FP.

 

2     Compliance with accounting standards

 

The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.

 

3     Accounting policies

 

The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.

 

Basis of preparation

The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.

 

Presentation currency

The accounts are presented in £ sterling.

CATAPULT LABS LTD

NOTES TO THE ACCOUNTS

FOR THE PERIOD FROM 01 DECEMBER 2023 TO 30 NOVEMBER 2024

 

4.     Creditors: amounts falling due within one year

    

 

2024

2023

 

 

 

 

 

 

Accounts Payable

69

3,873

Convertible Loan

120,000

120,000

Directors' Loan Account

0

(70)

NIC Payable

2,127

5,000

Payroll Liabilities

3,070

15,571

Pensions Payable

1,067

6,050

VAT

(9,389)

(14,245)

 

 

 

 

116,944

136,180