1 March 2022 false No description of principal activity Taxfiler 2023.10 SC441925business:CompanyLimitedByGuarantee2022-03-012023-02-28 SC4419252022-02-28 SC4419252022-03-012023-02-28 SC441925business:AuditExemptWithAccountantsReport2022-03-012023-02-28 SC441925business:FilletedAccounts2022-03-012023-02-28 SC4419252023-02-28 SC441925business:Director12022-03-012023-02-28 SC441925business:Director22022-03-012023-02-28 SC441925business:Director32022-03-012023-02-28 SC441925business:Director42022-03-012023-02-28 SC441925business:Director52022-03-012023-02-28 SC441925business:RegisteredOffice2022-03-012023-02-28 SC4419252022-02-28 SC441925core:WithinOneYear2023-02-28 SC441925core:WithinOneYear2022-02-28 SC441925core:AfterOneYear2023-02-28 SC441925core:AfterOneYear2022-02-28 SC441925core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 SC441925core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-02-28 SC441925core:PreviouslyStatedAmount2023-02-28 SC441925core:PreviouslyStatedAmount2022-02-28 SC441925business:SmallEntities2022-03-012023-02-28 SC441925countries:Scotland2022-03-012023-02-28 SC441925core:FurnitureFittings2022-03-012023-02-28 SC441925core:ComputerEquipment2022-03-012023-02-28 SC441925core:Goodwill2022-02-28 SC441925core:Goodwill2023-02-28 SC441925core:FurnitureFittings2022-02-28 SC441925core:FurnitureFittings2023-02-28 SC4419252021-03-012022-02-28 iso4217:GBP xbrli:pure
Company Registration No. SC441925 (Scotland)
Baseline 360 Limited Unaudited accounts for the year ended 28 February 2023
Baseline 360 Limited Unaudited accounts Contents
Page
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Baseline 360 Limited Company Information for the year ended 28 February 2023
Directors
Mr. Chimezie Umeh Mr. Marcel Chibuzor Azubuike Dr. Jude Eze Mr. Alexander Izuchukwu Ibe Mr. Chukwuemeka Victor Onyekwere
Company Number
SC441925 (Scotland)
Registered Office
272 Bath Street, Glasgow G2 4JR Scotland
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Baseline 360 Limited Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
917 
634 
Investments
10,000 
10,000 
10,917 
10,634 
Current assets
Debtors
2,900 
2,900 
Cash at bank and in hand
41,881 
45,687 
44,781 
48,587 
Creditors: amounts falling due within one year
(13,092)
(9,057)
Net current assets
31,689 
39,530 
Total assets less current liabilities
42,606 
50,164 
Creditors: amounts falling due after more than one year
(37,577)
(48,225)
Net assets
5,029 
1,939 
Reserves
Profit and loss account
5,029 
1,939 
Members' funds
5,029 
1,939 
For the year ending 28 February 2023 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 20 November 2023 and were signed on its behalf by
Mr. Alexander Izuchukwu Ibe Director Company Registration No. SC441925
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Baseline 360 Limited Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
Baseline 360 Limited is a private company, limited by guarantee, registered in Scotland, registration number SC441925. The registered office is 272 Bath Street,, Glasgow, G2 4JR, Scotland.
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:
Fixtures & fittings
18%
Computer equipment
18%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 March 2022
(1,856)
At 28 February 2023
(1,856)
Amortisation
At 1 March 2022
(1,856)
At 28 February 2023
(1,856)
Net book value
At 28 February 2023
- 
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Baseline 360 Limited Notes to the Accounts for the year ended 28 February 2023
5
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 March 2022
4,875 
Additions
457 
At 28 February 2023
5,332 
Depreciation
At 1 March 2022
4,241 
Charge for the year
174 
At 28 February 2023
4,415 
Net book value
At 28 February 2023
917 
At 28 February 2022
634 
6
Investments
Other investments 
£ 
Valuation at 1 March 2022
10,000 
Valuation at 28 February 2023
10,000 
7
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
2,900 
2,900 
8
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
1,098 
630 
Taxes and social security
725 
- 
Loans from directors
10,729 
7,947 
Accruals
540 
480 
13,092 
9,057 
9
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
37,577 
48,225 
10
Company limited by guarantee
The company is limited by guarantee and has no share capital. Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
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Baseline 360 Limited Notes to the Accounts for the year ended 28 February 2023
11
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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