2022-12-012023-11-302023-11-30false11664144TOOLBASE LTD2024-09-0341202iso4217:GBPxbrli:pure116641442022-12-01116641442023-11-30116641442022-12-012023-11-30116641442021-12-01116641442022-11-30116641442021-12-012022-11-3011664144bus:SmallEntities2022-12-012023-11-3011664144bus:AuditExempt-NoAccountantsReport2022-12-012023-11-3011664144bus:AbridgedAccounts2022-12-012023-11-3011664144bus:PrivateLimitedCompanyLtd2022-12-012023-11-3011664144core:WithinOneYear2023-11-3011664144core:AfterOneYear2023-11-3011664144core:WithinOneYear2022-11-3011664144core:AfterOneYear2022-11-3011664144core:ShareCapital2023-11-3011664144core:SharePremium2023-11-3011664144core:RevaluationReserve2023-11-3011664144core:OtherReservesSubtotal2023-11-3011664144core:RetainedEarningsAccumulatedLosses2023-11-3011664144core:ShareCapital2022-11-3011664144core:SharePremium2022-11-3011664144core:RevaluationReserve2022-11-3011664144core:OtherReservesSubtotal2022-11-3011664144core:RetainedEarningsAccumulatedLosses2022-11-3011664144core:LandBuildings2023-11-3011664144core:PlantMachinery2023-11-3011664144core:Vehicles2023-11-3011664144core:FurnitureFittings2023-11-3011664144core:OfficeEquipment2023-11-3011664144core:NetGoodwill2023-11-3011664144core:IntangibleAssetsOtherThanGoodwill2023-11-3011664144core:ListedExchangeTraded2023-11-3011664144core:UnlistedNon-exchangeTraded2023-11-3011664144core:LandBuildings2022-11-3011664144core:PlantMachinery2022-11-3011664144core:Vehicles2022-11-3011664144core:FurnitureFittings2022-11-3011664144core:OfficeEquipment2022-11-3011664144core:NetGoodwill2022-11-3011664144core:IntangibleAssetsOtherThanGoodwill2022-11-3011664144core:ListedExchangeTraded2022-11-3011664144core:UnlistedNon-exchangeTraded2022-11-3011664144core:LandBuildings2022-12-012023-11-3011664144core:PlantMachinery2022-12-012023-11-3011664144core:Vehicles2022-12-012023-11-3011664144core:FurnitureFittings2022-12-012023-11-3011664144core:OfficeEquipment2022-12-012023-11-3011664144core:NetGoodwill2022-12-012023-11-3011664144core:IntangibleAssetsOtherThanGoodwill2022-12-012023-11-3011664144core:ListedExchangeTraded2022-12-012023-11-3011664144core:UnlistedNon-exchangeTraded2022-12-012023-11-3011664144core:MoreThanFiveYears2022-12-012023-11-3011664144core:Non-currentFinancialInstruments2023-11-3011664144core:Non-currentFinancialInstruments2022-11-3011664144dpl:CostSales2022-12-012023-11-3011664144dpl:DistributionCosts2022-12-012023-11-3011664144core:LandBuildings2022-12-012023-11-3011664144core:PlantMachinery2022-12-012023-11-3011664144core:Vehicles2022-12-012023-11-3011664144core:FurnitureFittings2022-12-012023-11-3011664144core:OfficeEquipment2022-12-012023-11-3011664144dpl:AdministrativeExpenses2022-12-012023-11-3011664144core:NetGoodwill2022-12-012023-11-3011664144core:IntangibleAssetsOtherThanGoodwill2022-12-012023-11-3011664144dpl:GroupUndertakings2022-12-012023-11-3011664144dpl:ParticipatingInterests2022-12-012023-11-3011664144dpl:GroupUndertakingscore:ListedExchangeTraded2022-12-012023-11-3011664144core:ListedExchangeTraded2022-12-012023-11-3011664144dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-12-012023-11-3011664144core:UnlistedNon-exchangeTraded2022-12-012023-11-3011664144dpl:CostSales2021-12-012022-11-3011664144dpl:DistributionCosts2021-12-012022-11-3011664144core:LandBuildings2021-12-012022-11-3011664144core:PlantMachinery2021-12-012022-11-3011664144core:Vehicles2021-12-012022-11-3011664144core:FurnitureFittings2021-12-012022-11-3011664144core:OfficeEquipment2021-12-012022-11-3011664144dpl:AdministrativeExpenses2021-12-012022-11-3011664144core:NetGoodwill2021-12-012022-11-3011664144core:IntangibleAssetsOtherThanGoodwill2021-12-012022-11-3011664144dpl:GroupUndertakings2021-12-012022-11-3011664144dpl:ParticipatingInterests2021-12-012022-11-3011664144dpl:GroupUndertakingscore:ListedExchangeTraded2021-12-012022-11-3011664144core:ListedExchangeTraded2021-12-012022-11-3011664144dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-12-012022-11-3011664144core:UnlistedNon-exchangeTraded2021-12-012022-11-3011664144core:NetGoodwill2023-11-3011664144core:IntangibleAssetsOtherThanGoodwill2023-11-3011664144core:LandBuildings2023-11-3011664144core:PlantMachinery2023-11-3011664144core:Vehicles2023-11-3011664144core:FurnitureFittings2023-11-3011664144core:OfficeEquipment2023-11-3011664144core:AfterOneYear2023-11-3011664144core:WithinOneYear2023-11-3011664144core:ListedExchangeTraded2023-11-3011664144core:UnlistedNon-exchangeTraded2023-11-3011664144core:ShareCapital2023-11-3011664144core:SharePremium2023-11-3011664144core:RevaluationReserve2023-11-3011664144core:OtherReservesSubtotal2023-11-3011664144core:RetainedEarningsAccumulatedLosses2023-11-3011664144core:NetGoodwill2022-11-3011664144core:IntangibleAssetsOtherThanGoodwill2022-11-3011664144core:LandBuildings2022-11-3011664144core:PlantMachinery2022-11-3011664144core:Vehicles2022-11-3011664144core:FurnitureFittings2022-11-3011664144core:OfficeEquipment2022-11-3011664144core:AfterOneYear2022-11-3011664144core:WithinOneYear2022-11-3011664144core:Liste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TOOLBASE LTD

Registered Number
11664144
(England and Wales)

Unaudited Financial Statements for the Year ended
30 November 2023

TOOLBASE LTD
Company Information
for the year from 1 December 2022 to 30 November 2023

Director

Hafiz Salim Ahmad

Registered Address

Unit 1 24 Bridgeman Street
Walsall
WS2 9PG

Registered Number

11664144 (England and Wales)
TOOLBASE LTD
Balance Sheet as at
30 November 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets326,11932,649
26,11932,649
Current assets
Stocks488,658502,457
Debtors43,891125
Cash at bank and on hand2298,547
492,778511,129
Creditors amounts falling due within one year5(448,390)(606,468)
Net current assets (liabilities)44,388(95,339)
Total assets less current liabilities70,507(62,690)
Creditors amounts falling due after one year6(56,196)(49,557)
Net assets14,311(112,247)
Capital and reserves
Called up share capital100100
Profit and loss account14,211(112,347)
Shareholders' funds14,311(112,247)
The financial statements were approved and authorised for issue by the Director on 3 September 2024, and are signed on its behalf by:
Hafiz Salim Ahmad
Director
Registered Company No. 11664144
TOOLBASE LTD
Notes to the Financial Statements
for the year ended 30 November 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Vehicles20
Office Equipment20
Stocks and work in progress
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
2.Average number of employees

20232022
Average number of employees during the year2117
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 December 2249,032
At 30 November 2349,032
Depreciation and impairment
At 01 December 2216,383
Charge for year6,530
At 30 November 2322,913
Net book value
At 30 November 2326,119
At 30 November 2232,649
4.Debtors: amounts due within one year

2023

2022

££
Other debtors-125
Prepayments and accrued income3,891-
Total3,891125
5.Creditors: amounts due within one year

2023

2022

££
Trade creditors / trade payables156,80644,906
Taxation and social security119,18099,071
Other creditors172,404462,491
Total448,390606,468
6.Creditors: amounts due after one year

2023

2022

££
Bank borrowings and overdrafts56,19649,557
Total56,19649,557