IRIS Accounts Production v25.2.0.378 03047011 Board of Directors 1.5.24 30.4.25 30.4.25 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh030470112024-04-30030470112025-04-30030470112024-05-012025-04-30030470112023-04-30030470112023-05-012024-04-30030470112024-04-3003047011ns15:EnglandWales2024-05-012025-04-3003047011ns14:PoundSterling2024-05-012025-04-3003047011ns10:Director12024-05-012025-04-3003047011ns10:PrivateLimitedCompanyLtd2024-05-012025-04-3003047011ns10:SmallEntities2024-05-012025-04-3003047011ns10:AuditExempt-NoAccountantsReport2024-05-012025-04-3003047011ns10:SmallCompaniesRegimeForDirectorsReport2024-05-012025-04-3003047011ns10:SmallCompaniesRegimeForAccounts2024-05-012025-04-3003047011ns10:FullAccounts2024-05-012025-04-3003047011ns10:Director22024-05-012025-04-3003047011ns10:CompanySecretary12024-05-012025-04-3003047011ns10:RegisteredOffice2024-05-012025-04-3003047011ns5:CurrentFinancialInstruments2025-04-3003047011ns5:CurrentFinancialInstruments2024-04-3003047011ns5:Non-currentFinancialInstruments2025-04-3003047011ns5:Non-currentFinancialInstruments2024-04-3003047011ns5:ShareCapital2025-04-3003047011ns5:ShareCapital2024-04-3003047011ns5:RetainedEarningsAccumulatedLosses2025-04-3003047011ns5:RetainedEarningsAccumulatedLosses2024-04-3003047011ns5:LandBuildingsns5:ShortLeaseholdAssets2024-05-012025-04-3003047011ns5:FurnitureFittings2024-05-012025-04-3003047011ns5:MotorVehicles2024-05-012025-04-3003047011ns5:ComputerEquipment2024-05-012025-04-3003047011ns5:LandBuildingsns5:ShortLeaseholdAssets2024-04-3003047011ns5:FurnitureFittings2024-04-3003047011ns5:MotorVehicles2024-04-3003047011ns5:ComputerEquipment2024-04-3003047011ns5:LandBuildingsns5:ShortLeaseholdAssets2025-04-3003047011ns5:FurnitureFittings2025-04-3003047011ns5:MotorVehicles2025-04-3003047011ns5:ComputerEquipment2025-04-3003047011ns5:LandBuildingsns5:ShortLeaseholdAssets2024-04-3003047011ns5:FurnitureFittings2024-04-3003047011ns5:MotorVehicles2024-04-3003047011ns5:ComputerEquipment2024-04-3003047011ns5:WithinOneYearns5:CurrentFinancialInstruments2025-04-3003047011ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-3003047011ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2025-04-3003047011ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2024-04-3003047011ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2025-04-3003047011ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-04-30
REGISTERED NUMBER: 03047011 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

FOR

BASE IT LTD

BASE IT LTD (REGISTERED NUMBER: 03047011)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BASE IT LTD

COMPANY INFORMATION
for the Year Ended 30 April 2025







DIRECTORS: M Joyce
S Dearlove





SECRETARY: J M Joyce





REGISTERED OFFICE: 140A Tachbrook Street
London
SW1V 2NE





REGISTERED NUMBER: 03047011 (England and Wales)





ACCOUNTANTS: Saunders Wood & Co.
Chartered Accountants
140A Tachbrook Street
London SW1V 2NE

BASE IT LTD (REGISTERED NUMBER: 03047011)

BALANCE SHEET
30 April 2025

30.4.25 30.4.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 28,654 40,184

CURRENT ASSETS
Stocks - 2,300
Debtors 5 268,669 117,594
Cash at bank 652,043 349,771
920,712 469,665
CREDITORS
Amounts falling due within one year 6 419,722 193,242
NET CURRENT ASSETS 500,990 276,423
TOTAL ASSETS LESS CURRENT
LIABILITIES

529,644

316,607

CREDITORS
Amounts falling due after more than one
year

7

10,833

20,833
NET ASSETS 518,811 295,774

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 517,811 294,774
518,811 295,774

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

BASE IT LTD (REGISTERED NUMBER: 03047011)

BALANCE SHEET - continued
30 April 2025


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 August 2025 and were signed on its behalf by:





M Joyce - Director


BASE IT LTD (REGISTERED NUMBER: 03047011)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2025

1. STATUTORY INFORMATION

Base IT Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - in accordance with the property lease
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 3 ) .

BASE IT LTD (REGISTERED NUMBER: 03047011)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 April 2025

4. TANGIBLE FIXED ASSETS
Fixtures
Short and Motor Computer
leasehold fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 May 2024 2,816 6,500 29,163 43,725 82,204
Additions - - - 690 690
At 30 April 2025 2,816 6,500 29,163 44,415 82,894
DEPRECIATION
At 1 May 2024 2,816 3,671 - 35,533 42,020
Charge for year - 707 7,291 4,222 12,220
At 30 April 2025 2,816 4,378 7,291 39,755 54,240
NET BOOK VALUE
At 30 April 2025 - 2,122 21,872 4,660 28,654
At 30 April 2024 - 2,829 29,163 8,192 40,184

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.25 30.4.24
£    £   
Trade debtors 261,527 101,227
VAT - 6,823
Other Debtors 2,990 3,690
Prepayments 4,152 5,854
268,669 117,594

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.25 30.4.24
£    £   
Trade creditors 136,026 69,412
Tax 132,211 54,087
Social security and other taxes 18,524 8,603
VAT 27,001 -
Accruals 105,960 61,140
419,722 193,242

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.25 30.4.24
£    £   
Bank loans - 1-2 years 10,833 10,000
Bank loans - 2-5 years - 10,833
10,833 20,833