Catalyst 14 Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 10043046

Catalyst 14 Limited

Filleted Unaudited Financial Statements

31 March 2026

Catalyst 14 Limited

Financial Statements

Year ended 31 March 2026

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

Catalyst 14 Limited

Statement of Financial Position

31 March 2026

	2026		2025
Note	£	£	£	£

Fixed assets

Tangible assets	5	129,904	178,179
Investments	6	744,398	488,568
		---------	---------
		874,302	666,747

Current assets

Stocks		975	1,195
Debtors	7	101,690	130,349
Cash at bank and in hand		738,781	786,961
		---------	---------
		841,446	918,505

Creditors: amounts falling due within one year	8	660,427		605,358
		---------		---------
Net current assets			181,019		313,147
			------------		---------
Total assets less current liabilities			1,055,321		979,894

Provisions

Taxation including deferred tax	8,106	10,021
	------------	---------
Net assets	1,047,215	969,873
	------------	---------

Capital and reserves

Called up share capital	9	60	60
Profit and loss account		1,047,155	969,813
		------------	---------
Shareholders funds		1,047,215	969,873
		------------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 March 2026 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 year in question in accordance with section 476 ;

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

Catalyst 14 Limited

Statement of Financial Position (continued)

31 March 2026

These financial statements were approved by the board of directors and authorised for issue on 26 October 2026 , and are signed on behalf of the board by:

Mr D S Wonfor

Director

Company registration number: 10043046

Catalyst 14 Limited

Notes to the Financial Statements

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 146 New London Road, Chelmsford, Essex, CM2 0AW, England.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Motor vehicles	-	20% reducing balance
Equipment	-	20% straight line

Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is measured using the fair value model and stated at its fair value at the reporting end date. The surplus or deficit on revaluation is recognised in the profit and loss account. Where fair value cannot be achieved without undue cost or effort, investment property is accounted for as tangible fixed assets.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 6 (2025: 6 ).

5. Tangible assets

	Land and buildings	Motor vehicles	Equipment	Total
	£	£	£	£
Cost or valuation
At 1 April 2025	139,438	63,380	12,350	215,168
Additions	–	–	682	682
Revaluations	( 40,614)	–	–	( 40,614)
	---------	--------	--------	---------
At 31 March 2026	98,824	63,380	13,032	175,236
	---------	--------	--------	---------
Depreciation
At 1 April 2025	–	28,225	8,764	36,989
Charge for the year	–	7,031	1,312	8,343
	---------	--------	--------	---------
At 31 March 2026	–	35,256	10,076	45,332
	---------	--------	--------	---------
Carrying amount
At 31 March 2026	98,824	28,124	2,956	129,904
	---------	--------	--------	---------
At 31 March 2025	139,438	35,155	3,586	178,179
	---------	--------	--------	---------

The directors have valued the investment properties at its open market value as at 31 March 2026. The historical cost of the investment properties is £139,438.

6. Investments

	Other investments other than loans
	£
Cost
At 1 April 2025	488,568
Additions	736,418
Disposals	( 516,760)
Revaluations	36,172
	---------
At 31 March 2026	744,398
	---------
Impairment
At 1 April 2025 and 31 March 2026	–
	---------

Carrying amount
At 31 March 2026	744,398
	---------
At 31 March 2025	488,568
	---------

7. Debtors

	2026	2025
	£	£
Trade debtors	75,511	104,936
Prepayments and accrued income	22,107	19,960
Other debtors	4,072	5,453
	---------	---------
	101,690	130,349
	---------	---------

8. Creditors: amounts falling due within one year

	2026	2025
	£	£
Trade creditors	64,676	36,176
Accruals and deferred income	447,491	416,913
Corporation tax	102,833	120,864
Social security and other taxes	40,027	29,538
Director loan accounts	2,161	1,867
Other creditors	3,239	–
	---------	---------
	660,427	605,358
	---------	---------

9. Called up share capital

Issued, called up and fully paid

	2026		2025
	No.	£	No.	£
Ordinary X shares of £ 1 each	60	60	60	60
	----	----	----	----

10. Related party transactions

At the year end the company owed the directors £2,161 (2025: £1,867) in the form of a loan account. This loan, which is shown amongst creditors, is interest free and repayable on demand.