Baseway Investments Ltd
Notes to the Accounts
for the year ended 30 September 2024
1. Statutory information
Baseway Investments Ltd is a private company, limited by guarantee, registered in England & Wales, registration number 07760167. The registered office is 11 Parkway, Ilford, IG3 9HS.
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.
4. Tangible fixed assets
Plant &
Total
At 30 September 2024
650
650
At 30 September 2024
600
600
5. Investment property
2024
Fair value at 1 October 2023
139,379
Net gain from fair value adjustments
-
Transfers from tangible fixed assets
-
At 30 September 2024
139,379
6. Creditors: amounts falling due within one year
2024
2023
Taxes and social security
3,129
3,173
Loans from directors
139,742
136,994