CATHOLIC HERALD LIMITED

CATHOLIC HERALD LIMITED

CATHOLIC HERALD LIMITED - Company Information

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1 January 2020 false No description of principal activity Taxfiler 2021.12 00288446business:PrivateLimitedCompanyLtd2020-01-012020-12-31 002884462019-12-31 002884462020-01-012020-12-31 00288446business:AuditExempt-NoAccountantsReport2020-01-012020-12-31 00288446business:FullAccounts2020-01-012020-12-31 002884462020-12-31 00288446business:Director12020-01-012020-12-31 00288446business:Director22020-01-012020-12-31 00288446business:Director32020-01-012020-12-31 00288446business:Director42020-01-012020-12-31 00288446business:Director52020-01-012020-12-31 00288446business:RegisteredOffice2020-01-012020-12-31 002884462019-12-31 00288446core:WithinOneYear2020-12-31 00288446core:WithinOneYear2019-12-31 00288446core:SharePremium2020-12-31 00288446core:SharePremium2019-12-31 00288446core:RevaluationReserve2020-12-31 00288446core:RevaluationReserve2019-12-31 00288446core:RetainedEarningsAccumulatedLosses2020-12-31 00288446core:RetainedEarningsAccumulatedLosses2019-12-31 00288446business:SmallEntities2020-01-012020-12-31 00288446countries:EnglandWales2020-01-012020-12-31 00288446core:LandBuildings2020-01-012020-12-31 00288446core:FurnitureFittings2020-01-012020-12-31 00288446core:ComputerEquipment2020-01-012020-12-31 00288446core:LandBuildings2019-12-31 00288446core:FurnitureFittings2019-12-31 00288446core:ComputerEquipment2019-12-31 00288446core:LandBuildings2020-12-31 00288446core:FurnitureFittings2020-12-31 00288446core:ComputerEquipment2020-12-31 00288446core:AdditionsToInvestments2020-12-31 002884462018-12-312019-12-31 iso4217:GBP xbrli:pure
Company Registration No. 00288446 (England and Wales)
CATHOLIC HERALD LIMITED Unaudited accounts for the year ended 31 December 2020
CATHOLIC HERALD LIMITED Unaudited accounts Contents
Page
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CATHOLIC HERALD LIMITED Company Information for the year ended 31 December 2020
Directors
Andreas Victor LEISINGER Brooks Phillip Victor NEWMARK The Hon Sir Rocco Giovanni FORTE William Cash Deirdre BRENNAN
Company Number
00288446 (England and Wales)
Registered Office
8A LOWER GROSVENOR PLACE LONDON SW1W 0EN ENGLAND
Accountants
Addition Financial Limited The Boathouse Embankment London SW15 1LB
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CATHOLIC HERALD LIMITED Statement of financial position as at 31 December 2020
2020 
2019 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
78,185 
99,598 
Investments
5
(124,985)
- 
(46,800)
99,598 
Current assets
Debtors
6
81,041 
104,330 
Cash at bank and in hand
41,079 
25,999 
122,120 
130,329 
Creditors: amounts falling due within one year
7
(591,924)
(416,414)
Net current liabilities
(469,804)
(286,085)
Net liabilities
(516,604)
(186,487)
Capital and reserves
Share premium
63,000 
63,000 
Revaluation reserve
97,427 
97,427 
Profit and loss account
(677,031)
(346,914)
Shareholders' funds
(516,604)
(186,487)
For the year ending 31 December 2020 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 29 September 2021 and were signed on its behalf by
Andreas Victor LEISINGER Director Company Registration No. 00288446
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CATHOLIC HERALD LIMITED Notes to the Accounts for the year ended 31 December 2020
1
Statutory information
CATHOLIC HERALD LIMITED is a private company, limited by shares, registered in England and Wales, registration number 00288446. The registered office is 8A LOWER GROSVENOR PLACE, LONDON, SW1W 0EN, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Straight Line basis over 73 years
Fixtures & fittings
10% of net book value
Computer equipment
10% of net book value
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2020
133,703 
119,513 
22,255 
275,471 
Additions
- 
3,750 
1,808 
5,558 
At 31 December 2020
133,703 
123,263 
24,063 
281,029 
Depreciation
At 1 January 2020
39,165 
115,539 
21,169 
175,873 
Charge for the year
25,634 
683 
654 
26,971 
At 31 December 2020
64,799 
116,222 
21,823 
202,844 
Net book value
At 31 December 2020
68,904 
7,041 
2,240 
78,185 
At 31 December 2019
94,538 
3,974 
1,086 
99,598 
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CATHOLIC HERALD LIMITED Notes to the Accounts for the year ended 31 December 2020
5
Investments
Other investments 
£ 
Valuation at 1 January 2020
- 
Additions
(124,985)
Valuation at 31 December 2020
(124,985)
6
Debtors: amounts falling due within one year
2020 
2019 
£ 
£ 
VAT
12,632 
30,357 
Trade debtors
68,409 
63,925 
Other debtors
- 
10,048 
81,041 
104,330 
7
Creditors: amounts falling due within one year
2020 
2019 
£ 
£ 
Bank loans and overdrafts
- 
13,182 
Trade creditors
355,020 
302,075 
Taxes and social security
36,671 
1,157 
Other creditors
195,911 
- 
Accruals
4,322 
100,000 
591,924 
416,414 
8
Average number of employees
During the year the average number of employees was 0 (2019: 9).
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