Company Registration No. SC682693 (Scotland)
Highland Basecamp Limited
Unaudited accounts
for the year ended 31 December 2024
Highland Basecamp Limited
Unaudited accounts
Contents
Highland Basecamp Limited
Company Information
for the year ended 31 December 2024
Directors
David Ben Lowry
Fraser Hugh Cameron
Fee Zanke
Company Number
SC682693 (Scotland)
Registered Office
Highland Basecamp Limited
Lochaline
Morvern
Oban
PA80 5XT
Scotland
Accountants
The Highland Bookkeeper
2 Achnaha View
Lochaline
Morvern
Argyll
PA80 5AB
Highland Basecamp Limited
Statement of financial position
as at 31 December 2024
Called up share capital not paid
-
(30)
Tangible assets
2,162
9,900
Cash at bank and in hand
11,358
7,098
Creditors: amounts falling due within one year
(8,156)
(29,642)
Net current assets/(liabilities)
3,202
(22,544)
Total assets less current liabilities
5,364
(12,674)
Provisions for liabilities
Net assets/(liabilities)
5,364
(13,718)
Called up share capital
(30)
(30)
Profit and loss account
5,394
(13,688)
Shareholders' funds
5,364
(13,718)
For the year ending 31 December 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 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 of Directors and authorised for issue on 2 April 2025 and were signed on its behalf by
Fraser Hugh Cameron
Director
Company Registration No. SC682693
Highland Basecamp Limited
Notes to the Accounts
for the year ended 31 December 2024
Highland Basecamp Limited is a private company, limited by shares, registered in Scotland, registration number SC682693. The registered office is Highland Basecamp Limited, Lochaline, Morvern, Oban, PA80 5XT, Scotland.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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:
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Highland Basecamp Limited
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2024
36,035
1,594
3,273
40,902
Additions
1,532
-
324
1,856
At 31 December 2024
36,910
1,594
3,597
42,101
At 1 January 2024
26,784
1,174
3,044
31,002
Charge for the year
8,292
436
553
9,281
On disposals
(344)
-
-
(344)
At 31 December 2024
34,732
1,610
3,597
39,939
At 31 December 2024
2,178
(16)
-
2,162
At 31 December 2023
9,251
420
229
9,900
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
(357)
109
Other creditors
5,727
1,101
Loans from directors
-
25,006
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).