Company No: SC515495 (Scotland)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Investments	4	1		1
		1		1
Current assets
Debtors	5	56,679		56,679
Cash at bank and in hand	6	39,660		52,560
		96,339		109,239
Creditors: amounts falling due within one year	7	( 14,716)		( 20,134)
Net current assets		81,623		89,105
Total assets less current liabilities		81,624		89,106
Creditors: amounts falling due after more than one year	8	0		( 4,534)
Net assets		81,624		84,572
Capital and reserves
Called-up share capital	9	100		100
Profit and loss account		81,524		84,472
Total shareholders' funds		81,624		84,572

For the financial year ending 30 November 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• 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; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Katalyst Business Consulting Limited (registered number: SC515495) were approved and authorised for issue by the Board of Directors on 17 August 2026. They were signed on its behalf by:

Mr G J Milne Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Katalyst Business Consulting Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in Scotland. The address of the Company's registered office is 22 Innerleithen Way, Perth, PH1 1RN, United Kingdom.

The financial statements have been prepared under the historical cost convention, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the company and rounded to the nearest £.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.

Employee benefits

Short term benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc.

3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Non-financial assets
At each balance sheet date, the company reviews its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss if any.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include deposits held at call with banks.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Basic financial assets
Basic financial assets, which include debtors and bank balances, are initially measured at transaction price including transaction costs.

Basic financial liabilities
Basic financial liabilities bank loans are recognised at transaction price.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	2		2

3. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 December 2024	1,606		1,606
Disposals	( 276)		( 276)
At 30 November 2025	1,330		1,330
Accumulated depreciation
At 01 December 2024	1,606		1,606
Disposals	( 276)		( 276)
At 30 November 2025	1,330		1,330
Net book value
At 30 November 2025	0		0
At 30 November 2024	0		0

4. Fixed asset investments

Investments in subsidiaries

	2025
	£
Cost
At 01 December 2024	1
At 30 November 2025	1
Carrying value at 30 November 2025	1
Carrying value at 30 November 2024	1

5. Debtors

	2025		2024
	£		£
Amounts owed by related parties	56,679		56,679

6. Cash and cash equivalents

	2025		2024
	£		£
Cash at bank and in hand	39,660		52,560

7. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	4,534		10,394
Other creditors	10,182		9,740
	14,716		20,134

Included within bank loans are amounts advanced to the company under the Bounce Back Loan Scheme. This loan scheme is fully backed by government guarantee.

8. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	0		4,534

Included within bank loans are amounts advanced to the company under the Bounce Back Loan Scheme. This loan scheme is fully backed by government guarantee.

9. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100

10. Related party transactions

Transactions with the entity's directors

	2025		2024
	£		£
Amounts owed to directors	8,182		7,870

The above loan is unsecured, interest free and has no fixed terms of repayment.

Other related party transactions

	2025		2024
	£		£
Amounts due from related parties	56,679		56,679