Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-312023-04-01falseThe principal activity of the company during the year was that of a property investment company.11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 08250536 2023-04-01 2024-03-31 08250536 2022-04-01 2023-03-31 08250536 2024-03-31 08250536 2023-03-31 08250536 c:Director1 2023-04-01 2024-03-31 08250536 d:CurrentFinancialInstruments 2024-03-31 08250536 d:CurrentFinancialInstruments 2023-03-31 08250536 d:Non-currentFinancialInstruments 2024-03-31 08250536 d:Non-currentFinancialInstruments 2023-03-31 08250536 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 08250536 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 08250536 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 08250536 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 08250536 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-03-31 08250536 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-03-31 08250536 d:ShareCapital 2024-03-31 08250536 d:ShareCapital 2023-03-31 08250536 d:RetainedEarningsAccumulatedLosses 2024-03-31 08250536 d:RetainedEarningsAccumulatedLosses 2023-03-31 08250536 c:FRS102 2023-04-01 2024-03-31 08250536 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 08250536 c:FullAccounts 2023-04-01 2024-03-31 08250536 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08250536 6 2023-04-01 2024-03-31 08250536 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 08250536









BASE GREEN ENERGY LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
BASE GREEN ENERGY LIMITED
REGISTERED NUMBER: 08250536

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
601,000
601,000

  
601,000
601,000

Current assets
  

Debtors: amounts falling due within one year
 5 
6,600
6,600

Cash at bank and in hand
 6 
2,138
3,170

  
8,738
9,770

Creditors: amounts falling due within one year
 7 
(9,550)
(4,050)

Net current (liabilities)/assets
  
 
 
(812)
 
 
5,720

Total assets less current liabilities
  
600,188
606,720

Creditors: amounts falling due after more than one year
 8 
(622,623)
(622,623)

  

Net liabilities
  
(22,435)
(15,903)


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
(22,436)
(15,904)

  
(22,435)
(15,903)


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 27 November 2024.

Page 1

 
BASE GREEN ENERGY LIMITED
REGISTERED NUMBER: 08250536
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024



Peter Hibbert
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
BASE GREEN ENERGY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Base Green Energy Limited is a private company limited by shares and incorporated in England and Wales. The registered office is 7 Goldhawk Mews London W12 8PA.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 following principal accounting policies have been applied:

 
2.2

Going concern

The director is confident that the company is a going concern and has confirmed the provision of financial support if considered necessary. Accordingly the accounts have been prepared on a going concern basis.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 3

 
BASE GREEN ENERGY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.6

Valuation of investments

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost. Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in the profit and loss statement.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees




The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Fixed asset investments





Other fixed asset investments

£



Cost or valuation


At 1 April 2023
601,000



At 31 March 2024
601,000




The above fixed asset investment is an investment property.
 

Page 4

 
BASE GREEN ENERGY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Debtors

2024
2023
£
£


Prepayments and accrued income
6,600
6,600

6,600
6,600



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
2,138
3,170

2,138
3,170



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
5,500
-

Accruals and deferred income
4,050
4,050

9,550
4,050



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
420,727
420,727

Amounts owed to group undertakings
201,896
201,896

622,623
622,623


Page 5

 
BASE GREEN ENERGY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

9.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£



Amounts falling due 2-5 years

Bank loans
420,727
420,727


420,727
420,727


420,727
420,727



10.


Related party transactions

At the year end date the company owed connected companies, including its parent company £201,896 (2023:  £201,896).

 
Page 6