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Registered number: SC133291

Faxbase Ltd

ACCOUNTS
FOR THE YEAR ENDED 31/08/2024

Prepared By:
Accounts Advice & Planning
St Andrews House
385 Hillington Road
Glasgow
Renfrewshire
G52 4BL

Faxbase Ltd

ACCOUNTS
FOR THE YEAR ENDED 31/08/2024
DIRECTORS
Gordon Thomson
Helen Thomson
Adam Thomson
REGISTERED OFFICE
COMPANY DETAILS
Private company limited by shares registered in SC - Scotland, registered number SC133291
ACCOUNTANTS
Accounts Advice & Planning
St Andrews House
385 Hillington Road
Glasgow
Renfrewshire
G52 4BL

Faxbase Ltd

ACCOUNTS
FOR THEYEARENDED31/08/2024
CONTENTS
Page
Directors' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Faxbase Ltd

BALANCE SHEET AT 31/08/2024
20242023
Notes££
FIXED ASSETS
Tangible assets39,870-
CURRENT ASSETS
Stock121,814-
Cash at bank and in hand112,698-
234,512-
CREDITORS: Amounts falling due within one year52,382-
NET CURRENT ASSETS232,130-
TOTAL ASSETS LESS CURRENT LIABILITIES242,000-
CAPITAL AND RESERVES
Called up share capital6800-
Share premium account71,400-
Capital redemption reserve85,425-
Profit and loss account234,375-
SHAREHOLDERS' FUNDS242,000-
For the year ending 31/08/2024 the company was entitled to exemption 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 23/05/2025 and signed on their behalf by
.............................
Gordon Thomson
Director

Faxbase Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/08/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Commercial Vehiclesreducing balance 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
2. EMPLOYEES
20242023
No.No.
Average number of employees--

Faxbase Ltd

3. TANGIBLE FIXED ASSETS
Land AndPlant andCommercialFixtures
BuildingsMachineryVehiclesand FittingsTotal
£££££
Cost
At 01/09/202312,20834,849-4,70151,758
Additions--13,160-13,160
At 31/08/202412,20834,84913,1604,70164,918
Depreciation
At 01/09/202312,20834,849-4,70151,758
For the year--3,290-3,290
At 31/08/202412,20834,8493,2904,70155,048
Net Book Amounts
At 31/08/2024--9,870-9,870
4. STOCK 20242023
££
Stock comprises:
Stock121,814-
121,814-
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
VAT2,382-
2,382-
6. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
800-
7. SHARE PREMIUM ACCOUNT 20242023
££
Share premium account1,400-

Faxbase Ltd

8. OTHER RESERVES 20242023
££
Directors Loan Account5,425-
5,425-