General Information
Catalyst Design & Marketing Ltd is a private company, limited by shares, registered in England and Wales, registration number 06631784, registration address Mountbatten House, Grosvenor Square, Southampton, SO15 2JU.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Cost of sales
The cost of sales is the accumulated total of all costs used to create a product or service, which has been sold.
Taxation
Taxation for the year 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.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
| Computer Equipment |
50% Straight Line
|
Stocks
Work in progress is valued at the lower of cost or net realisable value.
Defined contribution pension obligation
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
Financial instruments
A financial instrument is a contract that gives rise to a financial asset of one entity and a financial liability or equity instrument of another entity.
When a financial asset or financial liability is recognised initially, the entity shall measure it at the transaction price unless the arrangement constitutes, in effect, a financing transaction. An arrangement constitutes a financing transaction if payment is deferred beyond normal business terms or is financed at a rate of interest that is not a market rate.
At the end of each reporting period, an entity shall measure all financial instruments which constitute a financing arrangement at fair value and recognise changes in fair value in profit or loss.
|
| 2. |
Average number of employees
Average number of employees during the year was 1 (2024 : 1).
|
| 3. |
Tangible fixed assets
| Cost or valuation |
Computer Equipment |
|
Total |
| |
£ |
|
£ |
| At 01 August 2024 |
7,820 |
|
7,820 |
| Additions |
383 |
|
383 |
| Disposals |
- |
|
- |
| At 31 July 2025 |
8,203 |
|
8,203 |
| Depreciation |
| At 01 August 2024 |
7,820 |
|
7,820 |
| Charge for year |
112 |
|
112 |
| On disposals |
- |
|
- |
| At 31 July 2025 |
7,932 |
|
7,932 |
| Net book values |
| Closing balance as at 31 July 2025 |
271 |
|
271 |
| Opening balance as at 01 August 2024 |
- |
|
- |
|
| 4. |
Stocks
|
2025
£ |
|
2024
£ |
| Work in Progress |
2,412 |
|
5,908 |
|
2,412 |
|
5,908 |
|
| 5. |
Debtors: amounts falling due within one year
|
2025
£ |
|
2024
£ |
| Trade Debtors |
9,016 |
|
6,458 |
|
9,016 |
|
6,458 |
|
| 6. |
Creditors: amount falling due within one year
|
2025
£ |
|
2024
£ |
| Bank Loans & Overdrafts |
1,755 |
|
2,058 |
| Corporation Tax |
5,256 |
|
5,875 |
| PAYE & Social Security |
51 |
|
0 |
| Directors' Current Accounts |
6,577 |
|
4,810 |
| VAT |
2,521 |
|
2,211 |
|
16,160 |
|
14,954 |
|
| 7. |
Creditors: amount falling due after more than one year
|
2025
£ |
|
2024
£ |
| Bank Loans & Overdrafts |
0 |
|
1,755 |
|
0 |
|
1,755 |
|
| 8. |
Share Capital
Allotted, called up and fully paid
|
2025
£ |
|
2024
£ |
|
100
Ordinary shares of £1.00 each |
100 |
|
100 |
|
100 |
|
100 |
|
|
Mr A B King
| Particulars |
|
2025
£ |
|
2024
£ |
| Opening Balance |
|
(4,810) |
|
(247) |
| Advances to director |
|
2,000 |
|
7,251 |
| Repayments by director |
|
(3,767) |
|
(11,814) |
| Closing Balance |
|
(6,577) |
|
(4,810) |
The loan is interest free with no fixed date of repayment.
|
| 10. |
Dividend
During the year, total dividends of £22,900 (2024 - £25,000) were paid to the director.
|
| 11. |
Bank Loan
The loan is unsecured for a period of 10 months and attracts interest of 2.5% per
annum. Repayments are made monthly.
Amounts due for repayment:
Less than 1 year: £1,755 (2024 - £2,058)
More than 1 year and less than 5 years: Nil (2024 - £1,755)
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3
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