Acorah Software Products - Accounts Production 16.0.110 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 06966597 Mr E Y Botev Mrs S I Sharp true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06966597 2023-07-31 06966597 2024-07-31 06966597 2023-08-01 2024-07-31 06966597 frs-core:CurrentFinancialInstruments 2024-07-31 06966597 frs-core:Non-currentFinancialInstruments 2024-07-31 06966597 frs-core:ComputerEquipment 2024-07-31 06966597 frs-core:ComputerEquipment 2023-08-01 2024-07-31 06966597 frs-core:ComputerEquipment 2023-07-31 06966597 frs-core:PlantMachinery 2024-07-31 06966597 frs-core:PlantMachinery 2023-08-01 2024-07-31 06966597 frs-core:PlantMachinery 2023-07-31 06966597 frs-core:WithinOneYear 2024-07-31 06966597 frs-core:ShareCapital 2024-07-31 06966597 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 06966597 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 06966597 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 06966597 frs-bus:SmallEntities 2023-08-01 2024-07-31 06966597 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 06966597 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 06966597 frs-bus:OrdinaryShareClass1 2023-08-01 2024-07-31 06966597 frs-bus:OrdinaryShareClass1 2024-07-31 06966597 1 2023-08-01 2024-07-31 06966597 frs-bus:Director1 2023-08-01 2024-07-31 06966597 frs-bus:Director2 2023-08-01 2024-07-31 06966597 frs-countries:EnglandWales 2023-08-01 2024-07-31 06966597 2022-07-31 06966597 2023-07-31 06966597 2022-08-01 2023-07-31 06966597 frs-core:CurrentFinancialInstruments 2023-07-31 06966597 frs-core:Non-currentFinancialInstruments 2023-07-31 06966597 frs-core:WithinOneYear 2023-07-31 06966597 frs-core:ShareCapital 2023-07-31 06966597 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 06966597 frs-bus:OrdinaryShareClass1 2022-08-01 2023-07-31
Registered number: 06966597
Basement Services Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2024
E Johnson & Associates Ltd
637 Green Lanes
London
N8 0RE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 06966597
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,686 4,915
3,686 4,915
CURRENT ASSETS
Debtors 5 503,042 514,932
Cash at bank and in hand 184 168
503,226 515,100
Creditors: Amounts Falling Due Within One Year 6 (206,752 ) (206,285 )
NET CURRENT ASSETS (LIABILITIES) 296,474 308,815
TOTAL ASSETS LESS CURRENT LIABILITIES 300,160 313,730
Creditors: Amounts Falling Due After More Than One Year 7 (13,333 ) (23,333 )
NET ASSETS 286,827 290,397
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 286,727 290,297
SHAREHOLDERS' FUNDS 286,827 290,397
Page 1
Page 2
For the year ending 31 July 2024 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr E Y Botev
Director
25th October 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Basement Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06966597 . The registered office is The White House, 25 West Riding, Bricket Wood, Bricket Wood, Hertfordshire, AL2 3QS.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% on reducing balance
Computer Equipment 25% on reducing balance
2.3. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 August 2023 21,160 14,843 36,003
As at 31 July 2024 21,160 14,843 36,003
Depreciation
As at 1 August 2023 19,692 11,396 31,088
Provided during the period 367 862 1,229
As at 31 July 2024 20,059 12,258 32,317
Net Book Value
As at 31 July 2024 1,101 2,585 3,686
As at 1 August 2023 1,468 3,447 4,915
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 503,042 514,932
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts - 170
Trade creditors - 373
Bank loans and overdrafts 10,000 10,000
Other loans 9,415 9,415
Other creditors 185,962 184,952
Taxation and social security 1,375 1,375
206,752 206,285
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 13,333 23,333
8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year - 170
9. Share Capital
2024 2023
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1.00 each 100 100
10. Related Party Transactions
During the year, no dividend was paid to the directors.
11. Ultimate Controlling Party
The company is controlled by the directors of the company.
Page 4