Acorah Software Products - Accounts Production 16.1.300 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 10524777 Mr Stuart Tiedeman Mr Jon Southcombe iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10524777 2022-12-31 10524777 2023-12-31 10524777 2023-01-01 2023-12-31 10524777 frs-core:CurrentFinancialInstruments 2023-12-31 10524777 frs-core:ComputerEquipment 2023-12-31 10524777 frs-core:ComputerEquipment 2023-01-01 2023-12-31 10524777 frs-core:ComputerEquipment 2022-12-31 10524777 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-01-01 2023-12-31 10524777 frs-core:OtherResidualIntangibleAssets 2023-12-31 10524777 frs-core:OtherResidualIntangibleAssets 2023-01-01 2023-12-31 10524777 frs-core:OtherResidualIntangibleAssets 2022-12-31 10524777 frs-core:ShareCapital 2023-12-31 10524777 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 10524777 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 10524777 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 10524777 frs-bus:SmallEntities 2023-01-01 2023-12-31 10524777 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 10524777 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 10524777 frs-bus:OrdinaryShareClass1 2023-01-01 2023-12-31 10524777 frs-bus:OrdinaryShareClass1 2023-12-31 10524777 frs-bus:Director1 2023-01-01 2023-12-31 10524777 frs-bus:Director2 2023-01-01 2023-12-31 10524777 frs-countries:EnglandWales 2023-01-01 2023-12-31 10524777 2021-12-31 10524777 2022-12-31 10524777 2022-01-01 2022-12-31 10524777 frs-core:CurrentFinancialInstruments 2022-12-31 10524777 frs-core:ShareCapital 2022-12-31 10524777 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 10524777 frs-bus:OrdinaryShareClass1 2022-01-01 2022-12-31
Registered number: 10524777
Base Technologies Limited
Financial Statements
For The Year Ended 31 December 2023
Fruition Accountancy
29 Wood Street
Stratford-upon-Avon
Warwickshire
CV37 6JG
Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 10524777
2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 293,108 279,344
Tangible Assets 5 2,996 3,268
296,104 282,612
CURRENT ASSETS
Debtors 6 705,546 321,423
Cash at bank and in hand 48,229 84,264
753,775 405,687
Creditors: Amounts Falling Due Within One Year 7 (241,652 ) (178,351 )
NET CURRENT ASSETS (LIABILITIES) 512,123 227,336
TOTAL ASSETS LESS CURRENT LIABILITIES 808,227 509,948
NET ASSETS 808,227 509,948
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 808,225 509,946
SHAREHOLDERS' FUNDS 808,227 509,948
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For the year ending 31 December 2023 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 Stuart Tiedeman
Director
10th February 2025
The notes on pages 3 to 6 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Base Technologies Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10524777 . The registered office is 7 Bell Yard, Strand, London, WC2A 2JR.
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. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are development costs. It is amortised over its estimated economic life of 3 years on a straight line basis.
2.4. 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:
Computer Equipment Over 3 years
2.5. Taxation
Corporation tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
...CONTINUED
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2.5. Taxation - continued
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.6. Borrowings
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of relevent borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2023 2022
Office and administration 11 11
11 11
4. Intangible Assets
Other
£
Cost
As at 1 January 2023 1,482,592
Additions 308,559
As at 31 December 2023 1,791,151
Amortisation
As at 1 January 2023 1,203,248
Provided during the period 294,795
As at 31 December 2023 1,498,043
Net Book Value
As at 31 December 2023 293,108
As at 1 January 2023 279,344
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5. Tangible Assets
Computer Equipment
£
Cost
As at 1 January 2023 5,522
Additions 1,325
As at 31 December 2023 6,847
Depreciation
As at 1 January 2023 2,254
Provided during the period 1,597
As at 31 December 2023 3,851
Net Book Value
As at 31 December 2023 2,996
As at 1 January 2023 3,268
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 142,232 63,169
Other debtors 563,314 258,254
705,546 321,423
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 30,389 22,904
Other creditors 83,453 106,446
Taxation and social security 127,810 49,001
241,652 178,351
8. Share Capital
2023 2022
Allotted, called up and fully paid £ £
2 Ordinary Shares of £ 1.00 each 2 2
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9. Related Party Transactions
Retail Marketing International Limited(A company under common control)During the year company provided services of £330,000 (2022 - £424,000) to Retail Marketing International Limited. The amount receivable at the year end was £nil (2022 - £nil). During the year company made loans to a company under the common control of the directors. Included in other debtors at the balance sheet date is an amount receivable of £326,734 (2022 - £185,837).

Retail Marketing International Limited

(A company under common control)

During the year company provided services of £330,000 (2022 - £424,000) to Retail Marketing International Limited. The amount receivable at the year end was £nil (2022 - £nil). During the year company made loans to a company under the common control of the directors. Included in other debtors at the balance sheet date is an amount receivable of £326,734 (2022 - £185,837).

Retail Marketing International Australia(A company under common control)During the year company provided services of £25,000 (2022 - £nil) to Retail Marketing International Australia. During the year company made loans to a company under the common control of the directors. Included in other debtors at the balance sheet date is an amount receivable of £37,152 (2023- £nil).

Retail Marketing International Australia

(A company under common control)

During the year company provided services of £25,000 (2022 - £nil) to Retail Marketing International Australia. During the year company made loans to a company under the common control of the directors. Included in other debtors at the balance sheet date is an amount receivable of £37,152 (2023- £nil).

Shopper Marketing International Limited(A company under common control)During the year company made an interest free loan to Shopper Marketing International Limited. The amount outstanding at the year end was £148,422 (2022 - £71,694).

Shopper Marketing International Limited

(A company under common control)

During the year company made an interest free loan to Shopper Marketing International Limited. The amount outstanding at the year end was £148,422 (2022 - £71,694).

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