Catalyst GP4 LLP - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: OC349286 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 October 2018

for

Catalyst GP4 LLP

Page

General Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

Chartered Certified Accountants' Report

6

DESIGNATED MEMBERS:

L P Pringle

L King

REGISTERED OFFICE:

Onward Chambers

34 Market Street

Hyde

Cheshire

SK14 1AH

REGISTERED NUMBER:

OC349286 (England and Wales)

ACCOUNTANTS:

Hardy & Company (Hyde) Ltd

Chartered Certified Accountants

Onward Chambers

34 Market Street

Hyde

Cheshire

SK14 1AH

CURRENT ASSETS

Cash at bank

2,727

613

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

2,727

613

LOANS AND OTHER DEBTS DUE TO MEMBERS

2,627

513

MEMBERS' OTHER INTERESTS

Capital accounts

100

100

2,727

613

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

2,627

513

Members' other interests

100

100

2,727

613

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 October 2018.

The members acknowledge their responsibilities for:

(a)	ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the LLP as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to small LLPs.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 October 2018 in accordance with Section 444(2A) of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP on 14 May 2019 and were signed by:

L P Pringle - Designated member

L King - Designated member

1.	STATUTORY INFORMATION

Catalyst GP4 LLP is registered in England and Wales. The LLP's registered number and registered office address can be

found on the General Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents commission receivable, excluding value added tax.

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.

Debt instruments are subsequently measured at amortised cost.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of

each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss

immediately.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are

assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of

similar credit risk characteristics.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a

carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not

previously been recognised.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated

where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly.

Prior impairments are also reviewed for possible reversal at each reporting date.

When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable

amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of

assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets

or groups of assets.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable

that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated

reliably. Provisions are recognised as a liability in the Balance sheet and the amount of the provision as an expense.

Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and

subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be

required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss

unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present

value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance

costs in profit or loss in the period it arises.

The following reproduces the text of the report prepared for the members in respect of the LLP's annual unaudited

financial statements. In accordance with the Companies Act 2006, the LLP is only required to file a Balance Sheet. Readers

are cautioned that the Income Statement and certain other primary statements and the Report of the Members are not

required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships

(Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, we have prepared for your approval the financial

statements of Catalyst GP4 LLP for the year ended 31 October 2018 which comprise the Income Statement, Abridged Balance

Sheet and the related notes from the LLP's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the members of Catalyst GP4 LLP, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Catalyst GP4 LLP and state those matters that we have agreed to state to the members of Catalyst GP4 LLP, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the LLP and its members, as a body, for our work or for this report.

It is your duty to ensure that Catalyst GP4 LLP has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Catalyst GP4 LLP. You consider that Catalyst GP4 LLP is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Catalyst GP4 LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Hardy & Company (Hyde) Ltd

Chartered Certified Accountants

Onward Chambers

34 Market Street

Hyde

Cheshire

SK14 1AH

14 May 2019