Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2 2024-04-01 false Collection agencies activities.2 false true false 02629567 2024-04-01 2025-03-31 02629567 2023-04-01 2024-03-31 02629567 2025-03-31 02629567 2024-03-31 02629567 c:Director1 2024-04-01 2025-03-31 02629567 c:Director2 2024-04-01 2025-03-31 02629567 d:FreeholdInvestmentProperty 2025-03-31 02629567 d:FreeholdInvestmentProperty 2024-03-31 02629567 d:CurrentFinancialInstruments 2025-03-31 02629567 d:CurrentFinancialInstruments 2024-03-31 02629567 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 02629567 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 02629567 d:ShareCapital 2025-03-31 02629567 d:ShareCapital 2024-03-31 02629567 d:RetainedEarningsAccumulatedLosses 2025-03-31 02629567 d:RetainedEarningsAccumulatedLosses 2024-03-31 02629567 c:FRS102 2024-04-01 2025-03-31 02629567 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 02629567 c:FullAccounts 2024-04-01 2025-03-31 02629567 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 02629567 d:AcceleratedTaxDepreciationDeferredTax 2025-03-31 02629567 d:AcceleratedTaxDepreciationDeferredTax 2024-03-31 02629567 2 2024-04-01 2025-03-31 02629567 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: 02629567 CATCHUNIT LIMITED UNAUDITED FINANCIAL STATEMENTS INFORMATION FOR FILING WITH THE REGISTRAR FOR THE YEAR ENDED 31 MARCH 2025
CATCHUNIT LIMITED REGISTERED NUMBER: 02629567 BALANCE SHEET AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Investment property | 4 |  | 4,200,000 |  | 4,200,000
|  |  | 4,200,000 |  | 4,200,000
Current assets |  |  |  |  |
Stocks |  | 5,000 |  | 5,000 |
Debtors: amounts falling due within one year | 5 | 1,317,896 |  | 1,242,395 |
Cash at bank and in hand | 6 | 184,993 |  | 98,604 |
|  | 1,507,889 |  | 1,345,999 |
Creditors: amounts falling due within one year | 7 | (79,231) |  | (113,144) |
Net current assets |  |  | 1,428,658 |  | 1,232,855
Total assets less current liabilities |  |  | 5,628,658 |  | 5,432,855
Provisions for liabilities |  |  |  |  |
Deferred tax | 8 | (444,007) |  | (444,007) |
|  |  | (444,007) |  | (444,007)
Net assets |  |  | 5,184,651 |  | 4,988,848
Capital and reserves |  |  |  |  |
Called up share capital |  |  | 100 |  | 100
Profit and loss account |  |  | 5,184,551 |  | 4,988,748
|  |  | 5,184,651 |  | 4,988,848
Page 1
CATCHUNIT LIMITED REGISTERED NUMBER: 02629567 BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2025 The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. 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. The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf on 24 December 2025.
................................................ F S Gossain | ................................................ C J O'Dell
Director | Director
The notes on pages 3 to 7 form part of these financial statements. Page 2
CATCHUNIT LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
Catchunit Limited is a company limited by shares, incorporated in England and Wales. The principal activity of the company is property investment. 2.Accounting policies
| 2.1 | Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The following principal accounting policies have been applied:
| 2.2 | Going concern
The directors consider that the company has sufficient funding for the foreseeable future in the form of group and director support. The financial statements have therefore been prepared as a going concern on the basis that the company is expected to continue in operational existence for the foreseeable future.
| 2.3 | Revenue
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised: Rendering of services Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: ∙the amount of revenue can be measured reliably; ∙it is probable that the Company will receive the consideration due under the contract; ∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and ∙the costs incurred and the costs to complete the contract can be measured reliably.
| 2.4 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.5 | Finance costs
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument. Page 3
CATCHUNIT LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.6 | Investment property
Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.
| 2.7 | Stocks
Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a weighted average basis. Work in progress and finished goods include labour and attributable overheads. At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.
| 2.8 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
| 2.9 | Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
| 2.10 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method. Page 4
CATCHUNIT LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.11 | Current and deferred taxation
The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that: ∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and ∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
| 2.12 | Provisions for liabilities
Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made. Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties. Increases in provisions are generally charged as an expense to profit or loss.
3. | Employees
| The average monthly number of employees, including directors, during the year was 2 (2024 - 2).
Page 5
CATCHUNIT LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
4. | Investment property
|  | Freehold investment property
|  | £
| Valuation |
| At 1 April 2024 | 4,200,000
| At 31 March 2025 | 4,200,000
The 2025 valuations were made by the directors, on an open market value for existing use basis.
5. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 385,385 | 285,676
| Amounts owed by group undertakings | 931,533 | 932,804
| Other debtors | 978 | 23,915
|  | 1,317,896 | 1,242,395
6. | Cash and cash equivalents
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 184,993 | 98,604
|  | 184,993 | 98,604
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CATCHUNIT LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
7. | Creditors: Amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 15,320 | 44,315
| Amounts owed to group undertakings | 12,075 | 13,145
| Corporation tax | 34,022 | 52,650
| Other taxation and social security | 15,789 | -
| Other creditors | - | 84
| Accruals and deferred income | 2,025 | 2,950
|  | 79,231 | 113,144
8. | Deferred taxation
|  | 2025
|  | £
| At beginning of year | (444,007)
| At end of year | (444,007)
| The provision for deferred taxation is made up as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| On revaluation of properties | (444,007) | (444,007)
|  | (444,007) | (444,007)
9. | Related party transactions
| At the balance sheet date the company owed £919,458 (2024: £919,659) to companies under common control. During the year the company wrote off loans with such companies totalling £nil (2024: £98,968).
Page 7