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REGISTERED NUMBER: 10462641 (England and Wales)












Unaudited Financial Statements

for the Year Ended 30 November 2023

for

Basilisk Services Ltd

Basilisk Services Ltd (Registered number: 10462641)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Basilisk Services Ltd

Company Information
for the Year Ended 30 November 2023







DIRECTOR: L Young





REGISTERED OFFICE: 13 Lammas Close
Hilmarton
SN11 8SF





REGISTERED NUMBER: 10462641 (England and Wales)





ACCOUNTANTS: Silbury Accountants Limited
Chartered Accountants
Oak Apple House
North Street
Milborne Port
Sherborne
DT9 5EW

Basilisk Services Ltd (Registered number: 10462641)

Statement of Financial Position
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 - 169
Investment property 5 120,000 120,000
120,000 120,169

CURRENT ASSETS
Debtors 6 90 90
Cash at bank 17,143 12,918
17,233 13,008
CREDITORS
Amounts falling due within one year 7 135,374 134,551
NET CURRENT LIABILITIES (118,141 ) (121,543 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,859

(1,374

)

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 1,759 (1,474 )
SHAREHOLDERS' FUNDS 1,859 (1,374 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Basilisk Services Ltd (Registered number: 10462641)

Statement of Financial Position - continued
30 November 2023


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 August 2024 and were signed by:





L Young - Director


Basilisk Services Ltd (Registered number: 10462641)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Basilisk Services Ltd 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.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

Basilisk Services Ltd (Registered number: 10462641)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 December 2022
and 30 November 2023 671
DEPRECIATION
At 1 December 2022 502
Charge for year 169
At 30 November 2023 671
NET BOOK VALUE
At 30 November 2023 -
At 30 November 2022 169

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2022
and 30 November 2023 120,000
NET BOOK VALUE
At 30 November 2023 120,000
At 30 November 2022 120,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Other debtors 90 90

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Taxation and social security 474 -
Other creditors 134,900 134,551
135,374 134,551

Basilisk Services Ltd (Registered number: 10462641)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.23 30.11.22
value: £    £   
100 Ordinary £1 100 100

9. GOING CONCERN

The directors have considered the likely trading conditions for a period of 12 months from the date of approval of these accounts and will continue to provide finance to the company to meet its liabilities as they fall due. In making this assessment the directors believe the company is a going concern.