1 February 2023 false No description of principal activity Taxfiler 2024.5 08348767business:PrivateLimitedCompanyLtd2023-02-012024-01-31 083487672023-01-31 083487672023-02-012024-01-31 08348767business:AuditExempt-NoAccountantsReport2023-02-012024-01-31 08348767business:FilletedAccounts2023-02-012024-01-31 083487672024-01-31 08348767business:Director12023-02-012024-01-31 08348767business:RegisteredOffice2023-02-012024-01-31 083487672023-01-31 08348767core:WithinOneYear2024-01-31 08348767core:WithinOneYear2023-01-31 08348767core:ShareCapitalcore:PreviouslyStatedAmount2024-01-31 08348767core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 08348767core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 08348767core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 08348767core:PreviouslyStatedAmount2024-01-31 08348767core:PreviouslyStatedAmount2023-01-31 08348767business:SmallEntities2023-02-012024-01-31 08348767countries:EnglandWales2023-02-012024-01-31 08348767core:MotorVehicles2023-01-31 08348767core:ComputerEquipment2023-01-31 08348767core:MotorVehicles2024-01-31 08348767core:ComputerEquipment2024-01-31 08348767core:MotorVehicles2023-02-012024-01-31 08348767core:ComputerEquipment2023-02-012024-01-31 083487672022-02-012023-01-31 iso4217:GBP xbrli:pure
Company Registration No. 08348767 (England and Wales)
BASEMENTS & FIT-OUT LIMITED Filleted accounts for the year ended 31 January 2024
BASEMENTS & FIT-OUT LIMITED Filleted accounts Contents
Page
- 2 -
BASEMENTS & FIT-OUT LIMITED Company Information for the year ended 31 January 2024
Director
Dainius Varzevicius
Company Number
08348767 (England and Wales)
Registered Office
13 RESERVOIR WAY ILFORD ESSEX IG6 3FD ENGLAND
- 3 -
BASEMENTS & FIT-OUT LIMITED Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,462 
5,149 
Current assets
Cash at bank and in hand
133,795 
183,963 
Creditors: amounts falling due within one year
(135,608)
(152,372)
Net current (liabilities)/assets
(1,813)
31,591 
Net assets
649 
36,740 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
549 
36,640 
Shareholders' funds
649 
36,740 
For the year ending 31 January 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 director acknowledges his 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 and authorised for issue on 31 October 2024 and were signed on its behalf by
Dainius Varzevicius Director Company Registration No. 08348767
- 4 -
BASEMENTS & FIT-OUT LIMITED Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
BASEMENTS & FIT-OUT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08348767. The registered office is 13 RESERVOIR WAY, ILFORD, ESSEX, IG6 3FD, ENGLAND.
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:
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2023
13,433 
458 
13,891 
At 31 January 2024
13,433 
458 
13,891 
Depreciation
At 1 February 2023
8,284 
458 
8,742 
Charge for the year
2,687 
- 
2,687 
At 31 January 2024
10,971 
458 
11,429 
Net book value
At 31 January 2024
2,462 
- 
2,462 
At 31 January 2023
5,149 
- 
5,149 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
(2,518)
15,725 
Trade creditors
1,955 
1,955 
Taxes and social security
84,257 
54,506 
Proposed dividends
8,714 
- 
Loans from directors
43,200 
80,186 
135,608 
152,372 
- 5 -
BASEMENTS & FIT-OUT LIMITED Notes to the Accounts for the year ended 31 January 2024
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 6 -