Company Registration No. 01028446 (England and Wales)
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024
FOR
BASMAC HOMES LIMITED
BASMAC HOMES LIMITED
CONTENTS
Page
Balance Sheet
2
Notes to the financial statements
3 - 4
BASMAC HOMES LIMITED
COMPANY INFORMATION
- 1 -
Director
Mr A M Bassett
Company Number
01028446
Registered Office
24 Lammas Street
Carmarthen
Carmarthenshire
SA31 3AL
Accountants
Clay Shaw Butler Limited
24 Lammas Street
Carmarthen
Carmarthenshire
SA31 3AL
BASMAC HOMES LIMITED
BALANCE SHEET
AS AT
31 JANUARY 2024
31 January 2024
- 2 -
2024
2023
Notes
£
£
£
£
Current assets
Debtors
3
391,621
408,884
Cash at bank and in hand
1,458
1,466
393,079
410,350
Creditors: Amounts Falling Due Within One Year
4
(25,351)
(28,818)
Net current assets
367,728
381,532
Creditors: Amounts Falling Due After More Than One Year
5
(29,074)
(39,082)
Net assets
338,654
342,450
Capital and Reserves
Called up share capital
100
100
Retained earnings
338,554
342,350
Total equity
338,654
342,450

For the financial year ended 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 24 October 2024
Mr A M Bassett
Director
Company registration number 01028446 (England and Wales)
BASMAC HOMES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024
- 3 -
1
Accounting policies
Company information

Basmac Homes Limited is a private company limited by shares incorporated in England and Wales. The registered office is 24 Lammas Street, Carmarthen, Carmarthenshire, SA31 3AL.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
-
0
-
0
3
Debtors
2024
2023
Amounts falling due within one year:
£
£
Other debtors
391,621
408,884
BASMAC HOMES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2024
- 4 -
4
Creditors: Amounts Falling Due Within One Year
2024
2023
£
£
Trade creditors
2,393
5,603
Corporation tax
(4)
(4)
Other taxation and social security
3,359
3,524
Other creditors
19,603
19,695
25,351
28,818
5
Creditors: Amounts Falling Due After More Than One Year
2024
2023
£
£
Bank loans and overdrafts
29,074
39,082
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