Catergas Limited - Filleted accounts

Registered number

09696016

Catergas Limited

Filleted Accounts

31 July 2025

Catergas Limited
Registered number:		09696016
Balance Sheet
as at 31 July 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		83,747			84,081
Current assets
Stocks		300			300
Debtors	4	61,618			70,838
Cash at bank and in hand		73,387			80,393
		135,305			151,531
Creditors: amounts falling due within one year	5	(63,013)			(60,849)

Net current assets			72,292			90,682

Total assets less current liabilities			156,039			174,763

Creditors: amounts falling due after more than one year	6		(152,948)			(171,807)

Provisions for liabilities			(2,907)			(2,479)

Net assets			184			477

Capital and reserves
Called up share capital			1			1
Profit and loss account			183			476

Shareholder's funds			184			477

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




A E Gray
Director
Approved by the board on 11 December 2025

Catergas Limited
Notes to the Accounts
for the year ended 31 July 2025


1	Accounting policies

	Basis of preparation
	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, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Equipment	25% per annum on reducing balance
	Motor vehicles	25% per annum on reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			1		1


3	Tangible fixed assets
		Equipment		Motor vehicles		Total
£			£		£
	Cost
	At 1 August 2024	30,990		87,515		118,505
	Additions	2,455		43,364		45,819
	Disposals	-		(39,902)		(39,902)
	At 31 July 2025	33,445		90,977		124,422

	Depreciation
	At 1 August 2024	17,942		16,482		34,424
	Charge for the year	3,875		13,599		17,474
	On disposals	-		(11,223)		(11,223)
	At 31 July 2025	21,817		18,858		40,675

	Net book value
	At 31 July 2025	11,628		72,119		83,747
	At 31 July 2024	13,048		71,033		84,081


4	Debtors			2025		2024
£					£

	Trade debtors			38,807		67,872
	Other debtors			19,578		-
	Prepayments			3,233		2,966
				61,618		70,838


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			21,305		19,021
	Obligations under finance lease and hire purchase contracts			9,972		9,730
	Trade creditors			9,072		12,452
	Taxation and social security costs			21,055		16,895
	Director's current account			-		844
	Other creditors			37		-
	Accruals			1,572		1,907
				63,013		60,849


6	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			91,402		112,708
	Obligations under finance lease and hire purchase contracts			61,546		59,099
				152,948		171,807


7	Loans			2025		2024
£					£
	Creditors include:

	Secured bank loans			85,737		99,756

	The bank loan is secured by a guarantee provided by the director.


8	Related party transactions

	At the balance sheet date, as included under debtors, the company was owed monies by Mr A E Gray amounting to £19,578 (2024 - £844, creditor) on an unsecured interest free basis.


9	Controlling party

	The ultimate controlling party is Mr A E Gray by virtue of him owning 100% of the company's issued share capital.


10	Other information

	Catergas Limited is a private company limited by shares and incorporated in England. Its registered office is:
	St Dunstans House
	15-17 South Street
	Tarring
	Worthing
	West Sussex
	BN14 7LG