Catalyst Property Group Limited iXBRL

Company Registration Number: NI710032

Catalyst Property Group Limited

ABRIDGED UNAUDITED FINANCIAL STATEMENTS

for the financial year ended 28 February 2025

CATALYST PROPERTY GROUP LIMITED

Company Registration Number: NI710032

ABRIDGED STATEMENT OF FINANCIAL POSITION

as at 28 February 2025

2025

Notes

Non-Current Assets

Property, plant and equipment

125,000

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Current Assets

Cash and cash equivalents

2,210

Creditors: amounts falling due within one year

(44,126)

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Net Current Liabilities

(41,916)

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Total Assets less Current Liabilities

83,084

Creditors:

amounts falling due after more than one year

(87,874)

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Net Liabilities

(4,790)

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Capital and Reserves

Called up share capital

100

Retained earnings

(4,890)

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Shareholders' Deficit

(4,790)

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The financial statements 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).

All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.

The company has taken advantage of the exemption under section 444 not to file the Abridged Income Statement and Director's Report.

For the financial year ended 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Approved by the Director and authorised for issue on 14 November 2025



________________________________
James Mc Nicholl
Director

CATALYST PROPERTY GROUP LIMITED

NOTES TO THE ABRIDGED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 28 FEBRUARY 2025

General Information

Catalyst Property Group Limited is a company limited by shares incorporated and registered in Northern Ireland. The registered number of the company is NI710032. The registered office of the company is 3 Abbeyfields, Dungiven, Northern Ireland, BT47 4UW, Northern Ireland. The principle activity of the company was the buying and selling of own real estate and other letting and operating of own or leased real estate. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the financial year ended 28 February 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Investment properties

Investment property is property held either to earn rental income, or for capital appreciation (including future re-development) or for both, but not for sale in the ordinary course of business.

Investment property is initially measured at cost, which includes the purchase cost and any directly attributable expenditure. Investment property is subsequently valued at its fair value at each reporting date, by professional external valuers. The difference between the fair value of an investment property at the reporting date and its carrying value prior to the valuation is recognised in the Abridged Income Statement as a fair value gain or loss. Any gain or loss on disposal of an investment property (calculated as the difference between the net proceeds from disposal and the carrying amount of the item) is recognised in the Abridged Income Statement.

Taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.

Ordinary share capital

The ordinary share capital of the company is presented as equity.

Statement on previous periods

The company did not present financial statements for previous periods.


4.	Property, plant and equipment
		Investment	Total
		properties

		£	£
	Cost
	At 1 March 2024	-	-
	Additions	125,000	125,000
		─────────	─────────
	At 28 February 2025	125,000	125,000
		─────────	─────────
	Depreciation
	At 1 March 2024	-	-
		─────────	─────────
	At 28 February 2025	-	-
		─────────	─────────
	Net book value
	At 28 February 2025	125,000	125,000
		═════════	═════════