KATCH INVESTMENT MANAGEMENT LTD

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—7

1. General Information

KATCH INVESTMENT MANAGEMENT LTD is a private company, limited by shares, incorporated in England & Wales, registered number 11814434 . The registered office is 6th Floor, Moray House, 23-31 Great Titchfield Street, London, W1W 7PA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Revenue from management consulting activities is recognized over time as the services are provided to clients. Where services are delivered continuously over a period, revenue is recognized on a time-apportioned basis, typically aligned with the terms of the advisory agreement.

For performance-based or success fee arrangements, revenue is recognized only when the performance obligation is satisfied, and it is highly probable that a significant reversal will not occur, typically when the relevant benchmarks or client-defined outcomes are achieved.

Where the outcome of an consulting activities cannot be estimated reliably, revenue is recognized to the extent that the costs incurred are expected to be recoverable.

2.3. Intangible Fixed Assets and Amortisation - Intellectual Property

Intellectual property assets correspond to trademark rights for the Katch name and group. It is amortised to the profit and loss account over its estimated economic life of 10 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	33.33% straight line
Computer Equipment	33.33% straight line

2.5. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

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KATCH INVESTMENT MANAGEMENT LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 18 (2023: 15)

4. Intangible Assets

	Intellectual Property
	£
Cost
As at 1 January 2024	3,723
Additions	501

As at 31 December 2024	4,224

Net Book Value
As at 31 December 2024	4,224

As at 1 January 2024	3,723

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KATCH INVESTMENT MANAGEMENT LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

5. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 January 2024	26,054	32,908	58,962
Additions	25,911	15,240	41,151

As at 31 December 2024	51,965	48,148	100,113

Depreciation
As at 1 January 2024	7,186	5,802	12,988
Provided during the period	14,545	14,135	28,680

As at 31 December 2024	21,731	19,937	41,668

Net Book Value
As at 31 December 2024	30,234	28,211	58,445

As at 1 January 2024	18,868	27,106	45,974

6. Investments

	Unlisted
	£
Cost
As at 1 January 2024	200

As at 31 December 2024	200

Provision
As at 1 January 2024	-

As at 31 December 2024	-

Net Book Value
As at 31 December 2024	200

As at 1 January 2024	200

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KATCH INVESTMENT MANAGEMENT LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

7. Debtors

	2024	2023
	£	£
Due within one year
Prepayments and accrued income	99,531	79,950
PAYE/NIC (Current liabilities - creditors < 1 year)	1	-
Net wages	3,140	-
Directors' loan accounts	11,987	-
Amounts owed by other participating interests	11,804	15,780

	126,463	95,730
Due after more than one year
Amounts owed by associates	35,415	65,223

	161,878	160,953

8. Creditors

	2024	2023
	£	£
Trade creditors	5,577	-
Corporation tax	-	28,257
PAYE/NIC (Current liabilities - creditors < 1 year)	-	2,924
Net wages	-	2,548
Accruals and deferred income	10,800	-
Directors' loan accounts	-	90,004

	16,377	123,733

9. Deferred Taxation

The provision for deferred tax is made up as follows:

	2024	2023
	£	£
Other timing differences	14,611	-

10. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	253,847	62,600

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KATCH INVESTMENT MANAGEMENT LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

11. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 January 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 December 2024
	£	£	£	£	£
Mr Laurent Jeanmart	-	11,987	-	-	11,987

The above loan is unsecured, interest free and repayable on demand.

12. Related Party Transactions

IntelWise

Intelwise Limited is a wholly owned subsidiary of Katch Investment Management Ltd. During the year Katch Investment Management Ltd provided services to Intelwise Limited in the amount of £532,077. At the balance sheet date £104,689 was owed to Katch Investment Management Ltd by Intelwise Limited

REIM

REIM Katch Securities Ltd is a wholly owned subsidiary of Katch Investment Management Ltd. During the year Katch Investment Management Ltd provided services to REIM Katch Securities Ltd in the amount of £34,108. At the balance sheet date £34,158 was owed to Katch Investment Management Ltd by REIM Katch Securities Ltd.

13. Audit Information

The auditor's report on the accounts of KATCH INVESTMENT MANAGEMENT LTD for the year ended 31 December 2024 was unqualified.

The auditor's report was signed by Philip Arch FCA FCCA FMAAT (Senior Statutory Auditor) for and on behalf of Wilkes Tranter & Co Limited , Statutory Auditor.

Wilkes Tranter & Co Limited

Brook House

Moss Grove

Kingswinford

West Midlands

DY6 9HS

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		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		4,224		3,723
Tangible Assets	5		58,445		45,974
Investments	6		200		200

			62,869		49,897
CURRENT ASSETS
Debtors	7	161,878		160,953
Cash at bank and in hand		135,883		95,130

		297,761		256,083
Creditors	8	(16,377 )		(123,733 )

NET CURRENT ASSETS (LIABILITIES)			281,384		132,350

TOTAL ASSETS LESS CURRENT LIABILITIES			344,253		182,247

PROVISIONS FOR LIABILITIES
Deferred Taxation	9		(14,611 )		-

NET ASSETS			329,642		182,247

CAPITAL AND RESERVES
Called up share capital	10		253,847		62,600
Profit and Loss Account			75,795		119,647

SHAREHOLDERS' FUNDS			329,642		182,247