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Company Registration No. 00288446 (England and Wales)
CATHOLIC HERALD LIMITED Unaudited accounts for the year ended 31 December 2024
CATHOLIC HERALD LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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CATHOLIC HERALD LIMITED Company Information for the year ended 31 December 2024
Directors
Christopher Brown Peter De Svastich Sir Rocco Forte Sean Hehir
Secretary
Andy Leisinger
Company Number
00288446 (England and Wales)
Registered Office
4th Floor The Anchorage 34 Bridge Street Reading RG1 2LU
Accountants
Addition Financial Limited The Office Group 1 Lyric Square Hammersmith London W6 0NB
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CATHOLIC HERALD LIMITED Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
14,657 
27,270 
Current assets
Debtors
5
293,188 
189,033 
Cash at bank and in hand
89,716 
140,002 
382,904 
329,035 
Creditors: amounts falling due within one year
6
(103,222)
(78,800)
Net current assets
279,682 
250,235 
Total assets less current liabilities
294,339 
277,505 
Creditors: amounts falling due after more than one year
7
(434,641)
(175,156)
Net (liabilities)/assets
(140,302)
102,349 
Capital and reserves
Called up share capital
123,736 
117,453 
Share premium
1,795,647 
1,590,387 
Revaluation reserve
97,427 
97,427 
Profit and loss account
(2,157,112)
(1,702,918)
Shareholders' funds
(140,302)
102,349 
For the year ending 31 December 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 and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 9 September 2025 and were signed on its behalf by
Peter De Svastich Director Company Registration No. 00288446
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CATHOLIC HERALD LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
CATHOLIC HERALD LIMITED is a private company, limited by shares, registered in England and Wales, registration number 00288446. The registered office is 4th Floor The Anchorage, 34 Bridge Street, Reading, RG1 2LU.
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 remained unchanged from the previous year, and also 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided in order to write off the assets over their estimated useful lives being 4 years
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
161,591 
29,984 
191,575 
Disposals
(1,350)
- 
(1,350)
At 31 December 2024
160,241 
29,984 
190,225 
Depreciation
At 1 January 2024
137,138 
27,167 
164,305 
Charge for the year
9,707 
1,556 
11,263 
At 31 December 2024
146,845 
28,723 
175,568 
Net book value
At 31 December 2024
13,396 
1,261 
14,657 
At 31 December 2023
24,453 
2,817 
27,270 
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CATHOLIC HERALD LIMITED Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
5,589 
10,392 
Trade debtors
26,889 
8,570 
Accrued income and prepayments
- 
4,287 
Other debtors
1,297 
667 
33,775 
23,916 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
259,413 
165,117 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
102,922 
58,053 
Taxes and social security
- 
(13)
Other creditors
300 
760 
Accruals
- 
20,000 
103,222 
78,800 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
317,549 
175,156 
Amounts owed to group undertakings and other participating interests
117,092 
- 
434,641 
175,156 
8
Average number of employees
During the year the average number of employees was 3 (2023: 4).
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