Katch Construction Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: SC460498

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		476,918		442,720

			476,918		442,720
CURRENT ASSETS
Debtors	5	423,376		467,710
Cash at bank and in hand		132,260		140,269

		555,636		607,979
Creditors: Amounts Falling Due Within One Year	6	(151,964 )		(150,084 )

NET CURRENT ASSETS (LIABILITIES)			403,672		457,895

TOTAL ASSETS LESS CURRENT LIABILITIES			880,590		900,615

Creditors: Amounts Falling Due After More Than One Year	7		(73,823 )		(95,625 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(119,229 )		(110,680 )

NET ASSETS			687,538		694,310

CAPITAL AND RESERVES
Called up share capital	9		10		10
Profit and Loss Account			687,528		694,300

SHAREHOLDERS' FUNDS			687,538		694,310

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Katch Construction Limited

Balance Sheet (continued)

As At 31 October 2025

For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr T Henderson

Director

12/05/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Katch Construction Limited is a private company, limited by shares, incorporated in Scotland, registered number SC460498 . The registered office is Wards House, Wards Road, Elgin, Moray, IV30 1NL.

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

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 is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. 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:

Plant & Machinery	10% Reducing balance
Motor Vehicles	25% Reducing balance
Fixtures & Fittings	20% Reducing balance
Computer Equipment	15% Reducing balance

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. 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.

...CONTINUED

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Katch Construction Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

2.5. Taxation - continued

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.

2.6. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 13 (2024: 13)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 November 2024	395,002	235,850	4,300	1,787	636,939
Additions	106,648	37,627	-	-	144,275
Disposals	-	(36,800 )	-	-	(36,800 )

As at 31 October 2025	501,650	236,677	4,300	1,787	744,414

Depreciation
As at 1 November 2024	109,081	82,895	1,548	695	194,219
Provided during the period	50,076	43,763	550	163	94,552
Disposals	-	(21,275 )	-	-	(21,275 )

As at 31 October 2025	159,157	105,383	2,098	858	267,496

Net Book Value
As at 31 October 2025	342,493	131,294	2,202	929	476,918

As at 1 November 2024	285,921	152,955	2,752	1,092	442,720

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	-	80,415
Other debtors	423,376	387,295

	423,376	467,710

Included in other debtors is a loan made to A Henderson, an employee of the company, totalling £109,700 (2024 - £109,700) and £250,000 (2024 - £230,000) to C Henderson, a member of an employees household. This loan is subject to interest at a rate of 2.5%, above the HMRC official rate of interest. This loan has no fixed terms of repayment.

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Katch Construction Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	85,047	68,135
Trade creditors	3,718	-
Bank loans and overdrafts	7,000	12,000
Other creditors	7,010	4,520
Taxation and social security	49,189	65,429

	151,964	150,084

Hire purchase amounting to £85,047 (2024- £68,135) are secured against the assets to which they relate.

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	73,823	88,625
Bank loans	-	7,000

	73,823	95,625

Hire purchase amounting to £73,823 (2024- £88,625) are secured against the assets to which they relate.

8. Provisions for Liabilities


	Deferred Tax	Total
	£	£
As at 1 November 2024	110,680	110,680
Deferred taxation	8,549	8,549

Balance at 31 October 2025	119,229	119,229

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	10	10

10. Related Party Transactions

During the year, total dividends of £183,000 were paid to the directors.

At 31 October 2024, the company owed the directors £1,081. During the year the directors paid expenses on behalf of the company totalling £183,851 and the company paid expenses on behalf of the directors totalling £184,124. At the 31 October 2025 the company owed the directors £808.This loan is interest free and has no fixed terms of repayment.

11. Ultimate Controlling Party

The company's ultimate controlling party is Mr T Henderson and Mrs K Henderson by virtue of their equal ownership of the issued share capital in the company.

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