Catalyst Performance and Leadership Deve - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07744233 (England and Wales)

Catalyst Performance and Leadership

Development Limited

Financial Statements

for the Year Ended 31st March 2022

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

Directors:

Mr. J M A Hill

Mrs. L J Hill

Registered office:

4th Floor

100 Fenchurch Street

London

EC3M 5JD

Registered number:

07744233 (England and Wales)

Accountants:

Wilson Stevens

Accountants

4th Floor

100 Fenchurch Street

London

EC3M 5JD

Fixed assets

Tangible assets

4

1,409

866

Current assets

Debtors

5

5,433

26,057

Cash at bank

29,550

65,673

34,983

91,730

Creditors

Amounts falling due within one year

6

17,721

32,051

Net current assets

17,262

59,679

Total assets less current liabilities

18,671

60,545

Capital and reserves

Called up share capital

100

100

Retained earnings

18,571

60,445

18,671

60,545

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company 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 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1st November 2022 and were signed on its behalf by:

Mr. J M A Hill - Director

1.	Statutory information

Catalyst Performance and Leadership Development Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Revenue recognition

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Equipment

-

25% reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 2 (2021 - 2 ) .

4.	Tangible fixed assets

Equipment

£

Cost

At 1st April 2021

4,935

Additions

1,012

At 31st March 2022

5,947

Depreciation

At 1st April 2021

4,069

Charge for year

469

At 31st March 2022

4,538

Net book value

At 31st March 2022

1,409

At 31st March 2021

866

5.

Debtors: amounts falling due within one year

2022

2021

£

£

Trade debtors

5,352

25,980

Other debtors

81

77

5,433

26,057

6.

Creditors: amounts falling due within one year

2022

2021

£

£

Trade creditors

1,068

1,725

Taxation and social security

13,706

25,991

Other creditors

2,947

4,335

17,721

32,051