Company Registration No. 15397223 (England and Wales)
Basil's Of Reigate Ltd
Unaudited accounts
for the period from 8 January 2024 to 31 January 2025
Basil's Of Reigate Ltd
Unaudited accounts
Contents
Basil's Of Reigate Ltd
Company Information
for the period from 8 January 2024 to 31 January 2025
Directors
Thomas James Drew
Emma Petchey
Gregory Mark Thomas Wildman
Company Number
15397223 (England and Wales)
Registered Office
73 High Street
Reigate
Surrey
RH2 9AE
England
Accountants
Surrey Hills Accountancy Limited
The Old Workshop
Longfrey Cottage
Dorking Road
Chilworth
GU4 8RH
Basil's Of Reigate Ltd
Statement of financial position
as at 31 January 2025
Cash at bank and in hand
16,819
Creditors: amounts falling due within one year
(10,221)
Called up share capital
19,600
Profit and loss account
(29,653)
Shareholders' funds
93,787
For the period ending 31 January 2025 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 23 June 2025 and were signed on its behalf by
Thomas James Drew
Director
Company Registration No. 15397223
Basil's Of Reigate Ltd
Notes to the Accounts
for the period from 8 January 2024 to 31 January 2025
Basil's Of Reigate Ltd is a private company, limited by shares, registered in England and Wales, registration number 15397223. The registered office is 73 High Street, Reigate, Surrey, RH2 9AE, England.
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 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:
Plant & machinery
4 years straight line
Fixtures & fittings
5 years straight line
Computer equipment
3 years straight line
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Basil's Of Reigate Ltd
Notes to the Accounts
for the period from 8 January 2024 to 31 January 2025
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
Additions
12,160
56,882
2,159
71,201
At 31 January 2025
12,160
56,882
2,159
71,201
Charge for the period
904
1,973
172
3,049
At 31 January 2025
904
1,973
172
3,049
At 31 January 2025
11,256
54,909
1,987
68,152
Amounts falling due within one year
Accrued income and prepayments
1,456
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2025
Loans from directors
4,703
7
Average number of employees
During the period the average number of employees was 4.